You can always take it to Carmax or wherever to get an appraisal. Odds are very high their quote will be lower than whatever you owe on the car, but it's worth a shot. If you sell/trade in your Volt to a dealer (any dealer), there is no termination fee. I've done this 3 times with a leased Chevy the past year, so trust me on that. 
In addition, in some states if your trade in a leased car to a dealer and lease a new car from that dealer in the same transaction, you actually get a tax credit on the NEW lease. In MD, you get a 6% credit, so if you were to trade in a car and receive $20k for the trade, the sales tax credit on the NEW lease would be $20k * 6% = $1,200.
That's what helped me flip leases with basically no money out of pocket.....tax credit on the new lease cancelled out most of the negative equity trading in the old one.
All you would owe is the residual + remaining payments....or just the residual in your case. GMF doesn't charge an early termination fee. They DO charge a $395 disposition fee if you (or someone) doesn't buy the car at lease end.
In addition, in some states if your trade in a leased car to a dealer and lease a new car from that dealer in the same transaction, you actually get a tax credit on the NEW lease. In MD, you get a 6% credit, so if you were to trade in a car and receive $20k for the trade, the sales tax credit on the NEW lease would be $20k * 6% = $1,200.
That's what helped me flip leases with basically no money out of pocket.....tax credit on the new lease cancelled out most of the negative equity trading in the old one.
All you would owe is the residual + remaining payments....or just the residual in your case. GMF doesn't charge an early termination fee. They DO charge a $395 disposition fee if you (or someone) doesn't buy the car at lease end.
