Hi all,

My 06 xls is maturing with 41,000 miles on it. I have the option to payoff for $16,300 and keep the vehicle.

It's in excellent condition. KBB says it is worth around $20500.

I've never done this, but it seems reasonable to payoff, and then sell it to a third party buyer to make some money.

What do you guys think about this and could you give me some advices on how to carry out this strategy?

Thank you for your help!