It’s hard to find opportunities in the pandemic market and few Canadians would look to their vehicles as a source of equity. This article presents an interesting idea on how to take advantage of the difference between the “buyout price” on a leased vehicle (which was established before the pandemic) and the market’s renewed interest in used-car purchases (a reaction to the perceived concern over the spread of the infection on public transit) – presenting a rare opportunity to create equity from a leased vehicle.

 

Click here to read the full article on Forbes