Thread: Lease returns
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Old 08-06-2012, 11:57 PM
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blondboinsd blondboinsd is offline
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Quote:
Originally Posted by ard View Post
South Florida Used car salesman LYING?!?!?!?

Shocker.

They pay under lease end residual. (What do you mean by "trade in"?? Like KBB or Edmunds 'trade in value'?)

Generally they usually pay UNDER 'trade in', but the numbers move around based on model/market/etc

If BMW charged them more than trade in value, then BMW would have large lots filled with X5s that they couldnt sell! IMO


On a side note VW seems to do something odd with their lease-end CPO process. My buyout price was below the current market so I figured I would CPO it and just buy it out. Dealer had to pay "market" cost for it thus I would have to PAY 6k to CPO it. I said no thanks and not wanting to keep it outside of warranty due to a battery issue I said bye bye...
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