Author Topic: Dealer Lease buyout  (Read 82056 times)

Offline grodnoking

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Re: Dealer Lease buyout
« Reply #260 on: May 03, 2021, 12:28:42 PM »
Anyone know a way to sell a leased Ford to Vroom or similar company without having to buy it yourself first and eat the taxes?
I have a dealer who buys out leases. I asked if he buys ford.
He does. I'll PM you his number.
I'm not who you think I am.

Offline elazarmn

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Re: Dealer Lease buyout
« Reply #261 on: May 03, 2021, 08:37:32 PM »
He does. I'll PM you his number.
can you send it here too. have a hyundai im trying to get out of but it has a dent on the side.

Offline mod

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Re: Dealer Lease buyout
« Reply #262 on: May 03, 2021, 09:02:34 PM »
can you send it here too. have a hyundai im trying to get out of but it has a dent on the side.
Did you get a quote from vroom, ALGO,etc?

Offline Positive energy

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Re: Dealer Lease buyout
« Reply #263 on: May 05, 2021, 02:42:26 AM »
Looking to buy out lease end rx350 or similar suv
Toyota highlander 2019
20k miles

Offline jaywhy

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Re: Dealer Lease buyout
« Reply #264 on: May 05, 2021, 04:51:34 AM »
How far did you get in the process?
I did the online process and set up Pick up date. They say they are coming with the paperwork and the check.
Did not get to that point.

Offline crownsbroyal

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Re: Dealer Lease buyout
« Reply #265 on: May 05, 2021, 10:00:27 AM »
They don't buy from Ford directly?

No, Ford doesn't allow 3rd party buyouts

Offline momo

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Re: Dealer Lease buyout
« Reply #266 on: May 05, 2021, 12:27:05 PM »
Just completed a lease buyout with Carvana. Process takes a while, as you cannot get anyone on the phone, and to get someone to respond to texts, takes a while. But all in all would definitely do it again. Got a quote, uploaded the requested information, set up a pickup time and date. They came to inspect the car, and i had the funds in my account a couple of minutes later. Tow truck came an hour later, to pick up the car.

Offline mod

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Re: Dealer Lease buyout
« Reply #267 on: May 05, 2021, 12:55:08 PM »
Just completed a lease buyout with Carvana. Process takes a while, as you cannot get anyone on the phone, and to get someone to respond to texts, takes a while. But all in all would definitely do it again. Got a quote, uploaded the requested information, set up a pickup time and date. They came to inspect the car, and i had the funds in my account a couple of minutes later. Tow truck came an hour later, to pick up the car.
They have had the best quotes in my experience.

Offline mod

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Re: Dealer Lease buyout
« Reply #268 on: May 06, 2021, 09:37:19 PM »
How far did you get in the process?
I did the online process and set up Pick up date. They say they are coming with the paperwork and the check.
Completed today. Went great!

Offline Shmulie

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Re: Dealer Lease buyout
« Reply #269 on: May 06, 2021, 09:44:01 PM »
What's the best way to do this if the car has a significant amount of damage

I'm worried if I do it with one of these online places they won't give an accurate amount without seeing it

Offline mod

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Re: Dealer Lease buyout
« Reply #270 on: May 06, 2021, 09:46:33 PM »
What's the best way to do this if the car has a significant amount of damage

I'm worried if I do it with one of these online places they won't give an accurate amount without seeing it
Algo does video inspection.
For the others your can try to notate it and put down accurate condition.

Offline elazarmn

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Re: Dealer Lease buyout
« Reply #271 on: May 06, 2021, 10:55:38 PM »
What's the best way to do this if the car has a significant amount of damage

I'm worried if I do it with one of these online places they won't give an accurate amount without seeing it
I tried to sell via vroom and carvana, same situation as you (nice size dent in front right bumper and scratch along door) upon pickup they looked at the car and took pics and said they will have to get back to me with a new quote...came back with a few K less.

was told by one of these lease guys in BP that he can take care of the return if i go through him with the next car...

Offline mlml

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Re: Dealer Lease buyout
« Reply #272 on: May 07, 2021, 11:03:10 AM »
Just sold my 2018 odyssey lease to ALGO with plenty of damage still made 2500 and saved paying damage to return, found the process very easy

Offline elazarmn

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Re: Dealer Lease buyout
« Reply #273 on: May 07, 2021, 11:46:32 AM »
Just sold my 2018 odyssey lease to ALGO with plenty of damage still made 2500 and saved paying damage to return, found the process very easy
were you below your allowed mileage?

Offline mlml

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Re: Dealer Lease buyout
« Reply #274 on: May 07, 2021, 12:21:36 PM »
were you below your allowed mileage?

by a couple thousand car had 34k

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Re: Dealer Lease buyout
« Reply #275 on: May 07, 2021, 12:30:11 PM »
Toyota highlander 2019
20k miles
Are you selling this?
How mcuh?

Offline Shmulie

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Re: Dealer Lease buyout
« Reply #276 on: May 07, 2021, 01:31:31 PM »
Just sold my 2018 odyssey lease to ALGO with plenty of damage still made 2500 and saved paying damage to return, found the process very easy

I didn't read through the whole thread but I see most people were saying to go with carvana or vroom is algo comparable amount wise?

The car has quite a bit of damage but it's super low mileage only 13,000 after 39 months with carvana and vroom it looks like it should be about $3,000 more than my buyout price

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Re: Dealer Lease buyout
« Reply #277 on: May 07, 2021, 01:34:23 PM »
I didn't read through the whole thread but I see most people were saying to go with carvana or vroom is algo comparable amount wise?

The car has quite a bit of damage but it's super low mileage only 13,000 after 39 months with carvana and vroom it looks like it should be about $3,000 more than my buyout price
Get quotes from all. Enterprise is also paying a pretty dollar for cars now. Probably only specific models and conditions, though.

Offline Saver2000

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Re: Dealer Lease buyout
« Reply #278 on: May 07, 2021, 01:45:47 PM »
I didn't read through the whole thread but I see most people were saying to go with carvana or vroom is algo comparable amount wise?
If you read through the thread, you'll see that ALGO has been the most consistent when it comes to sticking to thier original quote.

Vroom, not so much.

Offline mod

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Re: Dealer Lease buyout
« Reply #279 on: May 07, 2021, 01:51:07 PM »
If you read through the thread, you'll see that ALGO has been the most consistent when it comes to sticking to thier original quote.

Vroom, not so much.

I sold with all 3 recently and all of them stuck to what they said they would.
As long as the condition that you entered matches.