Best way to purchase out Lease?
I purchased a 2022 Tacoma for MSRP of $41,080. With taxes it came out to
approx. $45,000. I put $12,500 down to get a good rate on the loan.
I put a lot of added features on to the retail contract because at the time I
had a monthly car allowance from my employer that covered it. See below:
- Tire & Wheel - $1,055
- Dent Repair - $1,122
- Toyota Plus - $1,420
- Toyota 10 year - $3,560
With all that said, it will still cost me approx. 40,000 to pay off the lean and
get the title. I am looking to sell it. My question is does it make more sense
to cancel the add-ons and get the money back prorated. Or purchase out the
features and sell the car at a higher value?