6 Ways to Make Money on a Car Lease

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Get Money Back at the End of Your Car Lease

Usually at the end of a lease, you drop the vehicle off at the dealership you got it from and walk away with no further commitments (or drive away with a newly leased car). Do your homework, though, and you can leave with a bit of cash in your pocket.

Leasing accounts for about a third of all new car sales, according to Experian, as more car buyers opt for leasing over car ownership. One of the key benefits of leasing is that you have a new car with the latest features every few years without the high cost of buying.

Lease right and you can lower that cost even further by getting some cash back at the end of the contract. Obviously, you really won’t make money, but you can reduce the total cost of leasing by getting some of your cash back.

If you're thinking of really using your leased vehicle to make money by using it for a ride-hailing gig like Lyft or a ride-sharing company such as Getaround, you should tread carefully. Most contracts have strict mileage caps, and exceeding those limits can get very expensive. Some car lease agreements forbid the use of the vehicle for such services.

Just how do you get money back at the end of a lease? It starts before you sign the initial paperwork, and there's a bit of luck involved. Take a look at the following pages to learn how to do so with the least amount of hassle.

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