Author Topic: Dealer Lease buyout  (Read 80612 times)

Offline Fish Tank

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Feb 2012
  • Posts: 875
  • Total likes: 154
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NJ
Re: Dealer Lease buyout
« Reply #180 on: March 24, 2021, 07:08:08 PM »
How do i get them to pay the remainder of my lease? I have 3 months left
It's included in the buyout price.

Offline whacked1

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2012
  • Posts: 2556
  • Total likes: 518
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Dealer Lease buyout
« Reply #181 on: March 24, 2021, 07:12:42 PM »
ah so as long as that number is lower than what they offered i should be good?
Realize you will still need the virtual inspection, which most likely will result in even a lower price...

Offline monkey

  • Dansdeals Gold Elite
  • ***
  • Join Date: May 2015
  • Posts: 223
  • Total likes: 41
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: P Sherman 42 Wallaby Way Sidney
Re: Dealer Lease buyout
« Reply #182 on: March 24, 2021, 07:52:09 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?
I just used Rodo to lease a odyssey. Was around $15/month less and 2k mpy more than local dealer offers.

Offline Fish Tank

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Feb 2012
  • Posts: 875
  • Total likes: 154
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NJ
Re: Dealer Lease buyout
« Reply #183 on: March 24, 2021, 07:53:29 PM »
I just used Rodo to lease a odyssey. Was around $15/month less and 2k mpy more than local dealer offers.
Nice. Can you tell us the actual amount that you're paying, and allowed mileage?

Offline elazarmn

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Mar 2016
  • Posts: 774
  • Total likes: 106
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: kings County
Re: Dealer Lease buyout
« Reply #184 on: March 24, 2021, 08:07:38 PM »
w
It's included in the buyout price.

meaning the price they are giving would include the remainder of the lease payments....?

Offline elazarmn

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Mar 2016
  • Posts: 774
  • Total likes: 106
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: kings County
Re: Dealer Lease buyout
« Reply #185 on: March 24, 2021, 08:10:13 PM »
I just used Rodo to lease a odyssey. Was around $15/month less and 2k mpy more than local dealer offers.

Did you negotiate with the dealer or that was the original asking price. I've gotten 350/M drive off for a honda passport while many local dealers are asking 350/M and 1400 DAS

Offline whacked1

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2012
  • Posts: 2556
  • Total likes: 518
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Dealer Lease buyout
« Reply #186 on: March 24, 2021, 08:13:21 PM »
w
meaning the price they are giving would include the remainder of the lease payments....?
Algo price - the remaining balance on the lease (they pay finance company directly) - Algo's $95 fee = how much your check will be or how much you will need to pay

Offline mod

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2012
  • Posts: 797
  • Total likes: 16
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Dealer Lease buyout
« Reply #187 on: March 24, 2021, 08:17:21 PM »
Anyone use vroom lately? They have highest price for me.

Offline HudZ

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2019
  • Posts: 406
  • Total likes: 200
  • DansDeals.com Hat Tips 2
  • Gender: Male
    • View Profile
  • Location: BeisMedresh
  • Programs: Torah
Re: Dealer Lease buyout
« Reply #188 on: March 25, 2021, 12:43:49 AM »
Anyone use vroom lately? They have highest price for me.
Every company will have different prices depending on the car and miles and all.
אין עוד מלבדו

Offline mod

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2012
  • Posts: 797
  • Total likes: 16
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Dealer Lease buyout
« Reply #189 on: March 25, 2021, 06:15:33 AM »
Every company will have different prices depending on the car and miles and all.
I understand that. My question was regarding recent experience.
I've dealt with ALGO and it was really easy.

Offline Luvisrael

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Apr 2016
  • Posts: 2872
  • Total likes: 366
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: לבי במזרח
Re: Dealer Lease buyout
« Reply #190 on: March 25, 2021, 08:21:55 AM »
I understand that. My question was regarding recent experience.
I've dealt with ALGO and it was really easy.
why don’t you ask them to match their offer? That’s what I did

Offline mod

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2012
  • Posts: 797
  • Total likes: 16
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Dealer Lease buyout
« Reply #191 on: March 25, 2021, 09:11:54 AM »
why don’t you ask them to match their offer? That’s what I did
They said they couldn't.

Online avromie7

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Feb 2014
  • Posts: 8188
  • Total likes: 2713
  • DansDeals.com Hat Tips 6
    • View Profile
  • Location: Lakewood
Re: Dealer Lease buyout
« Reply #192 on: March 25, 2021, 11:06:37 AM »
w
meaning the price they are giving would include the remainder of the lease payments....?
Every lease has an early buyout price, if you want to sell early you need to get the early buyout price for the day you want to sell.
I wonder what people who type "u" instead of "you" do with all their free time.

Offline elazarmn

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Mar 2016
  • Posts: 774
  • Total likes: 106
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: kings County
Re: Dealer Lease buyout
« Reply #193 on: March 25, 2021, 12:09:20 PM »
Right
Every lease has an early buyout price, if you want to sell early you need to get the early buyout price for the day you want to sell.
Right, in anyones experience does that price go down the amount of the remainder lease payments or is there a monthly residual included

Offline mod

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2012
  • Posts: 797
  • Total likes: 16
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Dealer Lease buyout
« Reply #194 on: March 25, 2021, 12:30:16 PM »
RightRight, in anyones experience does that price go down the amount of the remainder lease payments or is there a monthly residual included
The amount goes down as you pay

Offline mod

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2012
  • Posts: 797
  • Total likes: 16
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Dealer Lease buyout
« Reply #195 on: April 06, 2021, 02:01:28 PM »
I understand that. My question was regarding recent experience.
I've dealt with ALGO and it was really easy.

Anyone deal with Vroom? Algo is claiming that they will change the price on me once they take it to their facility.

Offline Positive energy

  • Dansdeals Gold Elite
  • ***
  • Join Date: Nov 2020
  • Posts: 124
  • Total likes: 8
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Dealer Lease buyout
« Reply #196 on: April 06, 2021, 02:13:15 PM »
Rodo.com keeps sending me emails to buy out, did anyone did it with them?

Offline mod

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2012
  • Posts: 797
  • Total likes: 16
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Dealer Lease buyout
« Reply #197 on: April 06, 2021, 02:16:57 PM »
Rodo.com keeps sending me emails to buy out, did anyone did it with them?

I got a quote with them. They are second highest. Considering doing it with them.
Would also like to know if anyone has transacted with them.

Offline stooges44

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2017
  • Posts: 6453
  • Total likes: 2746
  • DansDeals.com Hat Tips 269
    • View Profile
Re: Dealer Lease buyout
« Reply #198 on: April 07, 2021, 09:21:01 AM »
Anyone deal with Vroom? Algo is claiming that they will change the price on me once they take it to their facility.

I sold two to Algo. I didn't use vroom because the thought of the car leaving my hands without a check didn't sit well with me. Carvana was a royal pain getting all the paperwork together so I bit the bullet and paid algo their fee to do all that.

But, if you're looking for experiences you can find tons on lease hacker: vroom, carvana, algo, carmax
If it's not free shipping it's not worth it.

Online ushdadude

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Apr 2013
  • Posts: 6300
  • Total likes: 923
  • DansDeals.com Hat Tips 5
    • View Profile
  • Location: NY
Re: Dealer Lease buyout
« Reply #199 on: April 07, 2021, 03:41:53 PM »
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.
keep getting the runaround about this. Who do i call to get that number? and what specifically do i ask for?