The lease on my EX35 is up on May 10, and we have decided to keep it. The residual is 24k, and kbb estimates the trade in value as slightly more than that, private sale value over 27k. I have been approved at my local credit union at 1.95%, but they want a copy of the bill of sale or purchase order, which infiniti will not provide without the payoff check. Does anyone have a suggestion as to how to resolve this? I am trying to handle this without involving the dealership and paying their fee.

 

Not sure if anyone has answered this, but your credit union should be able to give you a check for the purchase price of the vehicle, which you then take to the dealer. Only once you sign it over to the dealer does the loan actually become enforced.

The credit union retains the title until you pay off the loan.

 

We got it sorted out. I went through IFS rather than give the dealership any more money.