---
id: faq-0032
title: "Can I trade in a leased vehicle, or only a car I own outright?"
category: faq
subtopic: trade-in
page_type: faq
source_url: "https://www.castlechevynorth.com"
tags: ["trade-in", "leased-vehicle", "lease-buyout"]
questions:
  - "Can I trade in a leased car?"
  - "What if my vehicle is on a lease agreement?"
  - "Can I get out of a lease and buy from you instead?"
related: [trade-in-financing, lease-end, finance-process]
dealer: Castle Chevrolet North
---

Trading in a leased vehicle is possible, but it works a bit differently than trading in an owned car. The leasing company holds the title, so we'd work with them to handle the end-of-lease payoff or purchase first. Depending on your lease terms and the vehicle's residual value, you might have equity you can apply to a new Chevrolet purchase.

Each lease agreement is unique, and timing matters since lease-end penalties can apply. Our finance team understands these arrangements and can walk you through your options.

If you're considering returning a lease and buying instead, call (847) 439-0900. Our finance specialists will review your lease terms and show you exactly how the transition works and what your best path forward is.