Sell your car
even if it is leased
Leasing does not lock you in. VIN On Spot buys leased vehicles: we verify the buyout with your leasing company, pay it directly, and send you any equity by instant ACH. No fees, no surprises.
How a lease buyout sale actually works
The leasing company owns the car until the buyout is paid, so the sale is really two numbers: our offer and your buyout. It comes down to one of two cases.
We pay the leasing company the buyout and send you the difference by instant ACH. That is your lease equity, and with used-car values where they are, it is more common than people expect.
You can still sell. You cover the gap between the offer and the buyout, and we close out the lease with the leasing company so you walk away from the payments.
Step by step
- 01Get your offer
Enter your VIN and tell us the car is leased. A real person prices it in about 10 minutes, the same as any other car.
- 02We verify the buyout
Give us your leasing company and we contact them directly to confirm the exact buyout amount, so the numbers are right before you decide.
- 03Quick inspection
Come-to-you or walk in. Usually 15 to 20 minutes, with a short test drive.
- 04We pay the buyout, you keep the rest
We pay the leasing company directly. If our offer is higher than the buyout, the difference comes to you by instant ACH.
What to have
ready
Less than you think. Because the leasing company holds the title, the key piece is simply who they are.
- A valid photo IDSo we can verify the person on the lease.
- Your leasing companyWho holds the lease, so we can request the buyout amount.
- Your lease account number, if handyNot required, but it speeds up the buyout confirmation.
Leased car questions
See what your lease is worth
Enter your VIN and a real person prices your car, lease and all, most in 10 minutes or less.