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Georgia

ecstatic

(32,677 posts) Sun Sep 15, 2013, 11:30 AM Sep 2013

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

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.