Can I sell my Tesla lease to someone other than Tesla?

Tesla Finance restricts third-party buyouts like most captive lenders now do. IMX still buys the lease. We pay off Tesla directly and hand you the equity, so you don't have to buy the car out yourself first.

Does Tesla have a dealer network I'd need to go through?

No. Tesla sells direct, so there's no local franchise to route a lease buyout through the way you could with most other brands. That's part of why IMX buying these leases directly is useful, there's no Tesla store to send you to instead.

How is equity on a Tesla lease different from a gas car?

Used EV values have moved around more than gas cars the last couple of years, so equity on a Tesla lease can swing either way depending on when you signed. We pull the live payoff and appraise the car so you see the real number instead of guessing.

What do I need to bring to sell my Tesla?

Your license, the car, your lease account number or a recent statement, and both key cards if you have them.

How fast do I get paid?

The same day. Inspection takes about fifteen minutes, then we settle the lender balance and write you a check.

MAXIMIZE YOUR FUNDS, EQUITY & PAYOUT
WHEN SELLING YOUR CAR

We buy all used cars and leases, including restricted brands

Trusted for 38+ Years

WHAT IS YOUR CAR WORTH?

Sell your Tesla or Tesla lease in Los Angeles and Burbank

Tesla doesn't have a franchise network, which makes a Tesla lease a strange case among restricted brands. There's no local Tesla dealer to redirect you to if Tesla Finance won't quote a payoff to an outside buyer, because there isn't a local Tesla dealer at all. IMX buys Tesla leases anyway, along with owned and financed Model 3s and Model Ys, from our buying center in Burbank. Same-day check, no waiting on Tesla's app to do something it wasn't built for.

How do I sell my Tesla in Burbank or LA?

Start with an online estimate, or call with your VIN and mileage.
Bring it to Burbank. A fifteen-minute inspection confirms condition, and if it's a lease we pull the exact payoff from Tesla Finance at the same time.
Sign the paperwork and leave with a check, cashable or depositable the same day.

Selling a Tesla you own outright or financed traditionally works the same way, just without the payoff step. Details are on our sell your car page.

Know your VIN and mileage? We can quote a range before you drive in.

Call (818) 303-0800

Can I sell my leased Tesla?

Yes. Tesla Finance restricts third-party lease buyouts the same way most captive lenders do now. IMX completes the purchase through channels Tesla still recognizes, pays off your lease directly, and pays you the equity. You don't buy the car, register it, or deal with Tesla's transfer process yourself. For how this works across every brand, plus the California tax angle that applies whether you drive a Tesla or anything else, see our full lease buyout page.

How much is my Tesla worth?

Equity is what we'll pay minus your remaining payoff. EV values have been more volatile than gas car values over the last couple of years, so a Tesla lease can carry more equity or less depending on exactly when it was signed and what the residual was set at. We don't guess at it either way. We pull the live payoff from Tesla Finance and appraise the car, then put both numbers in front of you before you decide anything.

Do I owe California tax when I sell my Tesla lease?

Not if you sell it to us instead of buying it out yourself. A self-directed buyout would carry California use tax on the residual, roughly 7.75 to 10.25 percent depending on the county. Selling the lease to a dealer shifts that tax to us, since we're taking ownership for resale, not you. Full detail on the code sections is on the lease buyout page.

Why sell your Tesla to IMX?

IMX has been buying, selling, and leasing cars from one Burbank location since 1988. No haggling, no pressure, same offer whether or not you buy your next car from us. We serve Burbank, Glendale, Los Angeles, Van Nuys, and the Valley.

811 N Victory Blvd, Burbank. Most appraisals take fifteen minutes.

Get an offer

Tesla lease questions

Can I sell my Tesla lease to someone other than Tesla?: Tesla Finance restricts third-party buyouts like most captive lenders now do. IMX still buys the lease. We pay off Tesla directly and hand you the equity, so you don't have to buy the car out yourself first.
Does Tesla have a dealer network I'd need to go through?: No. Tesla sells direct, so there's no local franchise to route a lease buyout through the way you could with most other brands. That's part of why IMX buying these leases directly is useful, there's no Tesla store to send you to instead.
How is equity on a Tesla lease different from a gas car?: Used EV values have moved around more than gas cars the last couple of years, so equity on a Tesla lease can swing either way depending on when you signed. We pull the live payoff and appraise the car so you see the real number instead of guessing.
What do I need to bring to sell my Tesla?: Your license, the car, your lease account number or a recent statement, and both key cards if you have them.
How fast do I get paid?: The same day. Inspection takes about fifteen minutes, then we settle the lender balance and write you a check.

MAXIMIZE YOUR FUNDS, EQUITY & PAYOUT WHEN SELLING YOUR CAR