super4

well i was waiting for the new awd coupe to come out and wanted to lease it. problem is i still have 14 months on a TSX lease. i was told by acura financial that dealers can buy out your lease. never heard that before. any sales guys have any info on that?

i put a lot down and have a rediculously low payment now so it wouldnt make sense for me to get new lease unless i can get someone to take over mine, i found a freind to do that, but because of my very low payment i thought maybe i can make out better at a dealer.

CGTSX2004

iTrader: (1)

Depending on the state, the answer is maybe.

I live in VA and I have had 2 leases bought out by dealers. Essentially, you treat it as a trade-in and they simply pay the buyout on the lease and you cover the difference if there is one.

JimHolloman

There is no reason why someone else cannot pay off your lease -- your mortgage -- or any of your other debts -- unless the contract does not allow it. Some contracts will charge a penalty for early payoff. So, know the terms of the agreement.

nj2pa2nc

word of advice- If you put alot of money down on the car do not lease. If the car is totaled you get nothing back. It would be better to buy it. Yes dealer can buy back the lease (read over your contract to make sure there is not penalties).