Trade In Your Vehicle

If you’ve already found your next car, your dealer can buy your car as a trade in.

Because they are essentially buying the vehicle from the financial institution on your behalf, you remain responsible for the lease obligations and should ask for documentation from the dealer that they will be paying off your lease balance with the financial institution.

Note: You are responsible for the vehicle until the dealer completes the transaction.

Step 1. Notify CULA by calling 800-878-5400 ext.0 or filling out the online End of Lease Checklist.

Step 2. Ask the dealer to provide paperwork confirming that they have taken the responsibility to pay the lease balance with the financial institution.