Whether you can sell or trade before your vehicle is paid off depends on where you are in your lease and whether you have equity — meaning the vehicle is worth more than what’s left on your agreement. Trade options typically open up around 13 months into your lease, and your account manager can tell you exactly where you stand today.
If your vehicle’s value is higher than your remaining balance, you have equity, which can work in your favor toward a trade. If the reverse is true, you’re often described as upside down, meaning a trade would need to account for that difference somehow. Your account manager can run these numbers for your specific vehicle and agreement.
Because trade options generally become available around 13 months into your lease, timing your decision around that milestone often gives you more flexibility than trying to sell or trade very early in your term.
Life changes, and vehicle needs change with it for drivers across Grady County, including Minco, Tuttle, Rush Springs, and Anadarko. Our Chickasha team can walk you through your real options whenever that time comes.
Ask your account manager to compare your vehicle’s current value against what’s left on your lease — that difference determines whether you have equity or are upside down.
Trade options typically become available around 13 months into your lease.
Talk to your account manager before pursuing this — your lease agreement affects how this can be handled.
Wondering where you stand on equity or a trade? Contact your Chickasha account manager for a clear answer on your specific vehicle.
