Lease Return Solution

Fourplay

, TDI Parts Ninja Vendor , w/Business number
Joined
Nov 6, 2015
Location
Atlanta, GA
TDI
2014 A8L
I've mentioned this in several threads and had a few PMs about it, but wanted to wait until the process was complete and money was in my account to post about it.

For those of you planning to return your car at the end of your lease, or for those selecting a lease termination, don't!

Follow these instructions and you can double or triple your return.

Step 1: Cancel any existing appointment for lease termination.
Step 2: Request a Portal Reset
Step 3: Buy out your remaining lease with VW Credit
Step 4: Receive vehicle title - you are still technically an eligible lessee, which is why the next step is...
Step 5: Sell (legally transfer ownership) to a spouse or family member you trust - they are now an eligible owner
Step 6: Spouse/Family member receives title in their name and registers on the VW website
Step 7: Spouse/Family member receives offer letter and completes buyback

Effectively, you take a car that will get a $3k-$4k payout and get the full buyback amount. Additionally, you eliminate any excess wear and tear or mileage charges.

In my case, after buying the lease out and paying registration and title transfer fees, I had a profit of ~$10k, versus my original termination restitution of $3500. Hope this can help some folks out there!
 
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