Thread: Leasing 101
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Old 05-13-2012, 07:48 PM   #2
civicdrivr
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Question -

Lets say I were to lease a vehicle here in Virginia. In 10 months I end up moving to Arizona. I can turn the car in to any Toyota/Scion dealer?

Is there a standard formula for calculating the value of a car when you turn it in? If I were to turn in the car with 22k miles, 14k miles below the lease limit, is there any way to know ahead of time how much is added to the residual?

You mention trading a lease in - can you trade in only for another Toyota product, or would I be able to trade it in to a Subaru dealer, for example? Are there any fees associated with turning a car in early?
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