How to sell a leased car?
Currently I am leasing a 2011 Honda Insight base model with 3k miles that I got 2.5 months ago as a commuter car (I have another vehicle).
I got this car right before the tsunami, when Insights were a dime a dozen.
Now short Japanese supplies are making them very difficult to price, and on top of that high gas prices have increased demand for Honda Insights a lot! I was checking inventories from dealerships, and new models are very hard to come by.
Anyhow, my payoff amount is $17000 or so, but I think I could sell the car for more than that for sure. How would I go about doing this? I think it's a misconception that you cannot sell a lease car. I would think that you would just need to have the buyer pay Honda Finance to release the title and then it could be transferred to the new buyer. Does anyone know any of the details?