Does anyone have a great understanding of the TAVT when it comes to leases?

[ecstatic]

If I TRADE-IN a leased vehicle to a new dealership (different car make), and apply the trade credit towards a new lease, am I entitled to the trade-in value reduction? I've been told that I am not entitled to the reduction because I'm trading in a leased car.

[groundloop]

1. I think it might be that you don't own the vehicle

I might be wrong, but I believe it's the owner of the vehicle that gets to claim credits etc. Since you're leasing a vehicle you're not the owner.

[ecstatic]

2. Thanks! nt