[rchundur]

I leased 2021 Chevy Bolt for 3 years (10K miles a year). I paid complete lease amount for 3 years at begining of the year. After a year, I don't need this car any longer. What are my options? Can i sell my lease to someone? if so what is the process? Please advise.

 

[OkieBolt]

I leased 2021 Chevy Bolt for 3 years (10K miles a year). I paid complete lease amount for 3 years at begining of the year. After a year, I don't need this car any longer. What are my options? Can i sell my lease to someone? if so what is the process? Please advise.

I think that is a question for whoever the lease is through. You should ask them if the lease is transferable. Or, read your lease agreement. I expect you will find the answer there.

 

[BillG49]

It seems like you could purchase it for the end of lease price right now, and then sell it for a tidy profit at today's prices.

 

[Herbie Bolt]

@OkieBolt is correct but I was in the same boat last August.
I bought the lease out and looked to see what I could sell it for without any intention of selling.
The buyout was 17 and I could sell it for 24.

 

[cwerdna]

I leased 2021 Chevy Bolt for 3 years (10K miles a year). I paid complete lease amount for 3 years at begining of the year.

That's usually not a good idea, even if it saves you any $. In many (most?) cases, if you were to total the car, you won't get your payments back.

When leasing, it's best not to hand over any more $ than you need to.

 

[BayBolt]

I leased 2021 Chevy Bolt for 3 years (10K miles a year). I paid complete lease amount for 3 years at begining of the year. After a year, I don't need this car any longer. What are my options? Can i sell my lease to someone? if so what is the process? Please advise.

Depends on the leasing company.
GM Financial allows to lease transfer if both parties reside in the same state.
It takes paperwork and costs money but we have one Bolt and looking for another, and would gladly take over your lease and pay you for remainder of the term. We’re in SF area.
Private Message me if interested.

 

[OkieBolt]

Depends on the leasing company.
GM Financial allows to lease transfer if both parties reside in the same state.
It takes paperwork and costs money but we have one Bolt and looking for another, and would gladly take over your lease and pay you for remainder of the term. We’re in SF area.
Private Message me if interested.

Just make sure he is not a Nigerian Prince!

 

[BayBolt]

Just make sure he is not a Nigerian Prince!

I wish I was a prince

I have to admit, lots of people in Silicon Valley act as entitled as if they were royalty. Not me though 😎.