Author Topic: Dealer Lease buyout  (Read 15950 times)

Offline Fish Tank

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Re: Dealer Lease buyout
« Reply #165 on: March 23, 2021, 08:44:36 PM »
In a normal market, the buyout price more than it's worth. The dealer sells the car at auction for whatever they can get for it regardless of the "buyout price". The local used car dealer buys the cars at those auctions. The only reason so many people can make money selling their leases is because used car prices are so high.
I'm well aware of the state of the current market. Apparently you're not aware of what went on before the market went crazy  ;)

Hint: Dealers always get better pricing than the consumer buyout price.

Offline ushdadude

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Re: Dealer Lease buyout
« Reply #166 on: March 24, 2021, 01:25:06 PM »
my offer from algo was lower than my buy back price. guy called me 15 seconds after i got instant quote. can't get up to buy back price
« Last Edit: March 24, 2021, 01:28:10 PM by ushdadude »
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Offline whacked1

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Re: Dealer Lease buyout
« Reply #167 on: March 24, 2021, 01:43:05 PM »
my offer from algo was lower than my buy back price. guy called me 15 seconds after i got instant quote. can't get up to buy back price
Nissan?

Offline ushdadude

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Re: Dealer Lease buyout
« Reply #168 on: March 24, 2021, 02:40:18 PM »
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Offline elazarmn

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Re: Dealer Lease buyout
« Reply #169 on: March 24, 2021, 02:58:52 PM »
Same here although i think its from an accident that happened in the beginning of my lease from a valet guy by a wedding. Is that reported on the car if THEY paid for it via insurance?
my offer from algo was lower than my buy back price. guy called me 15 seconds after i got instant quote. can't get up to buy back price

Offline ushdadude

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Re: Dealer Lease buyout
« Reply #170 on: March 24, 2021, 03:15:33 PM »
Same here although i think its from an accident that happened in the beginning of my lease from a valet guy by a wedding. Is that reported on the car if THEY paid for it via insurance?
my car is clean
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Offline elazarmn

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Re: Dealer Lease buyout
« Reply #171 on: March 24, 2021, 03:28:38 PM »
Maybe the residual was higher than predicted at the time of lease....
my car is clean


Offline yelped

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Re: Dealer Lease buyout
« Reply #172 on: March 24, 2021, 03:31:05 PM »
my offer from algo was lower than my buy back price. guy called me 15 seconds after i got instant quote. can't get up to buy back price
Now get a quote from vroom and carvana and pit them against each other.

Your buyout price is not the same as the dealer buyout price. You have to get that price. It's lower and your buyout price also includes taxes. They don't pay that.

Offline ushdadude

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Re: Dealer Lease buyout
« Reply #173 on: March 24, 2021, 03:31:54 PM »
Now get a quote from vroom and carvana and pit them against each other.

Your buyout price is not the same as the dealer buyout price. You have to get that price. It's lower and your buyout price also includes taxes. They don't pay that.
I'm assuming algo knew that and still didn't want it.
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Offline yelped

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Re: Dealer Lease buyout
« Reply #174 on: March 24, 2021, 04:01:49 PM »
I'm assuming algo knew that and still didn't want it.
What do you mean? You have to find out the dealer buyout number.

Offline Fish Tank

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Re: Dealer Lease buyout
« Reply #175 on: March 24, 2021, 04:14:00 PM »
I'm assuming algo knew that and still didn't want it.
ALGO didn't want it? Or the price they offered wasn't worth it for you?

Offline Ephcc90

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Re: Dealer Lease buyout
« Reply #176 on: March 24, 2021, 05:45:20 PM »
I finally got an offer on my pathfinder higher then the buyout price from Algo. Anyone know of any current minvan lease deals available for NJ?

Offline ushdadude

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Re: Dealer Lease buyout
« Reply #177 on: March 24, 2021, 06:17:08 PM »
What do you mean? You have to find out the dealer buyout number.
ah so as long as that number is lower than what they offered i should be good?
ALGO didn't want it? Or the price they offered wasn't worth it for you?
latter
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Offline elazarmn

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Re: Dealer Lease buyout
« Reply #178 on: March 24, 2021, 06:38:16 PM »
How do i get them to pay the remainder of my lease? I have 3 months left

Offline Fish Tank

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Re: Dealer Lease buyout
« Reply #179 on: March 24, 2021, 07:07:48 PM »
ah so as long as that number is lower than what they offered i should be good?
Yes