How can I sell my leased vehicle?

Selling a leased vehicle can be complicated for individuals without experience in the automotive industry. First and foremost, you need to determine the residual value of your lease. To help you, check out our guide on this topic:

https://sellyourcars.ch/en/guides/what-is-the-residual-value-of-my-lease

In Switzerland, you are not allowed to sell a leased car without written authorization from the leasing company. The code 178 on your registration document means a change of ownership is prohibited. It must be removed by the vehicle's owner (the financial institution) before a sale can be completed.

Different ways to sell a leased vehicle:

1- Pay off the lease and list the car for sale

This option provides flexibility in timing, as you’ll no longer have lease payments. However, you’ll need to advance the full lease payoff amount, and there's a risk of not finding a buyer quickly.

2 - Sell the vehicle while the lease is still active

Selling to a private buyer usually takes 1 to 3 months. Once a buyer is found, you must pay off the lease so the car can be registered in their name. This means coordinating with the buyer to get the necessary funds, paying off the leasing contract, and having code 178 removed from the registration to unblock the sale.

3 - Sell the vehicle to a dealership

This is the simplest method: just request the current payoff invoice from your leasing bank, and the dealership will pay it directly. The dealership will also cancel the vehicle registration and remove code 178. If there's a price difference (positive or negative), you and the dealership can securely handle that transfer.

4 - Even easier and safer: Sell through SellYourCars

With SellYourCars, you’ll receive offers from multiple dealerships within 48 hours, allowing you to sell at the best price, stress-free. SellYourCars also ensures a secure transaction between you, the dealership, and the leasing bank.

Click the “SELL MY CAR” button in the top right corner or use the link below to get buyback offers:https://sellyourcars.ch/en/vendre

Easy ownership transfer process with SellYourCars

1. SellYourCars finds the dealership offering the best price.

2. The dealership contacts you and arranges payment of the lease payoff.

3. Two scenarios are possible:

• If the agreed purchase price is higher than the residual value, the dealership will pay off the lease and transfer the remaining amount to you.

• If the agreed purchase price is lower than the residual value, the dealership will ask you to transfer the difference, then they’ll pay off the lease in your name.

4. Once payment is confirmed, the dealership will schedule vehicle pickup with you.

5. As soon as the financial institution receives payment, it will remove code 178, and the dealership can officially transfer ownership.

In conclusion, canceling a lease is entirely feasible and even easy when working with professional, certified dealers.

Using a platform like SellYourCars lets you sell your leased vehicle at the best price, while also receiving unbiased support throughout the process, from setting a market-aligned price to finalizing the sale.

Sell your leased car quickly and easily today!https://sellyourcars.ch/en/vendre