---
id: faq-0031
title: "Can I trade in a leased vehicle?"
category: faq
subtopic: trade-in
page_type: faq
source_url: "https://www.boballenmotormall.com"
tags: ["trade-in", "lease", "buyout"]
questions:
  - "Can I trade in a car I'm leasing?"
  - "What if I want to end my lease early and buy instead?"
  - "Can I trade a leased vehicle for a new purchase?"
related: [trade-in-process-steps, lease-vs-buy]
dealer: Bob Allen Motor Mall
---

Trading in a leased vehicle is a bit different from trading in an owned car, but yes, it's possible. Typically, you'd first "buy out" the lease-paying off the remaining balance-and then trade in the vehicle you now own. If the vehicle's value exceeds the buyout amount, you'd have positive equity to put toward your new purchase. If it's worth less, you'd cover the difference. Alternatively, some leases allow you to return the vehicle and start fresh with a new purchase. The exact process depends on your lease agreement and the lessor's policies. This is where Bob Allen's finance team really shines-they handle these kinds of layered transactions regularly. Call **(877) 331-4442** and describe your lease situation. Our team will explain your options and help you understand what equity (if any) you can apply to your next vehicle. We'll make it as simple as possible.