Trading in your vehicle at a dealership?

If you are getting a new vehicle and the dealership is paying off your current lease, this is considered a trade. Here’s what to do:

  1. Complete the end-of-lease checklist
    Inform Credit Union Leasing of America (CULA) of your intent to turn in your vehicle by completing the End-of-Lease Checklist or by calling 800.878.5400
  2. Confirm the payoff amount
    Visit the Request Center in Online Banking or the Mobile Banking App to obtain your payoff amount, which includes the remaining payments, residual value, and any outstanding fees.
  3. Verify proper documents with the dealer
    Please verify that the dealership includes the required buyer’s order or trade document with the payoff check.