Author Topic: Dealer Lease buyout  (Read 80661 times)

Offline zagguru

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Re: Dealer Lease buyout
« Reply #320 on: May 15, 2021, 09:37:26 PM »
I started the process with Vroom, and I just received the power of attorney today via Fedex. The last 3 days though, the appraisal of my car has been climbing around $300 a day. Is there an easy way to update my appraisal at this point in the process? I know with Carvana, it automatically updates when you re-appraise and login. That didnt work for me with Vroom


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Re: Dealer Lease buyout
« Reply #321 on: May 15, 2021, 10:10:40 PM »
I started the process with Vroom, and I just received the power of attorney today via Fedex. The last 3 days though, the appraisal of my car has been climbing around $300 a day. Is there an easy way to update my appraisal at this point in the process? I know with Carvana, it automatically updates when you re-appraise and login. That didnt work for me with Vroom
Call them or email them

Offline zagguru

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Re: Dealer Lease buyout
« Reply #322 on: May 15, 2021, 10:32:52 PM »
Call them or email them

Have you had luck?

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Re: Dealer Lease buyout
« Reply #323 on: May 15, 2021, 10:36:11 PM »
Have you had luck?
I've done it with them. Had then resend esign document with higher amount.

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Re: Dealer Lease buyout
« Reply #324 on: May 15, 2021, 10:36:28 PM »
Have you had luck?
I've done it with them. Had then resend esign document with higher amount.

Offline zagguru

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Re: Dealer Lease buyout
« Reply #325 on: May 15, 2021, 10:42:02 PM »
I've done it with them. Had then resend esign document with higher amount.

Do you need new power of attorney as well? Did it go smoothly once they updated the amount? I feel like they would easily mess up and still send the lower amount check

Which dept did you speak with?

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Re: Dealer Lease buyout
« Reply #326 on: May 15, 2021, 10:48:09 PM »
Do you need new power of attorney as well? Did it go smoothly once they updated the amount? I feel like they would easily mess up and still send the lower amount check

Which dept did you speak with?
The poa didn't say a price iirc. Did you already esign? I don't remember if I did or not. You can ask them about it.
They have an option on the phone for selling.

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Re: Dealer Lease buyout
« Reply #327 on: May 15, 2021, 10:57:26 PM »
Just starting this process. I have an accord coming off a lease next month. Carvana is offering about $4k more than buyout. How does the process work?
Also should I accept it now and how long can I delay giving the car to them?

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Re: Dealer Lease buyout
« Reply #328 on: May 15, 2021, 10:59:22 PM »
Just starting this process. I have an accord coming off a lease next month. Carvana is offering about $4k more than buyout. How does the process work?
Also should I accept it now and how long can I delay giving the car to them?
Once you sign docs they usually schedule pickup shortly after.

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Re: Dealer Lease buyout
« Reply #329 on: May 15, 2021, 11:02:20 PM »
Once you sign docs they usually schedule pickup shortly after.
Thanks! They deal with all paperwork from dealer?
Lease ends mid June so worst case I pay one extra month I guess.

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Re: Dealer Lease buyout
« Reply #330 on: May 15, 2021, 11:03:30 PM »
Thanks! They deal with all paperwork from dealer?
Lease ends mid June so worst case I pay one extra month I guess.
You sign sales agreement and part of attorney. They deal with the finance company/dealer.

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Re: Dealer Lease buyout
« Reply #331 on: May 15, 2021, 11:05:36 PM »
You sign sales agreement and part of attorney. They deal with the finance company/dealer.
sounds easy enough
Are they known to change price on the car? A car I own has two small dings in it and a few scratches. I detailed them in my quote, I just dont know how much they care.

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Re: Dealer Lease buyout
« Reply #332 on: May 15, 2021, 11:06:54 PM »
sounds easy enough
Are they known to change price on the car? A car I own has two small dings in it and a few scratches. I detailed them in my quote, I just dont know how much they care.
They make it very easy.

Offline zagguru

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Re: Dealer Lease buyout
« Reply #333 on: May 15, 2021, 11:40:56 PM »
The poa didn't say a price iirc. Did you already esign? I don't remember if I did or not. You can ask them about it.
They have an option on the phone for selling.

With carvana, its so much easier. You can re-appraise your car online until the day before delivery without signing in to your account, and if the offer is higher, all you have to do is sign in and the price gets updated

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Re: Dealer Lease buyout
« Reply #334 on: May 16, 2021, 11:17:08 AM »
Thanks! They deal with all paperwork from dealer?
Lease ends mid June so worst case I pay one extra month I guess.

They wont take your car if its within 60 days of expiration. You can try extending the lease

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Re: Dealer Lease buyout
« Reply #335 on: May 16, 2021, 11:21:29 AM »
Carvana can't pull my VIN or plates. Anything to do?

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Re: Dealer Lease buyout
« Reply #336 on: May 16, 2021, 11:30:36 AM »
Carvana can't pull my VIN or plates. Anything to do?
Are you trying on mobile.or computer?

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Re: Dealer Lease buyout
« Reply #337 on: May 16, 2021, 11:32:32 AM »
They wont take your car if its within 60 days of expiration. You can try extending the lease
Carvana?

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Re: Dealer Lease buyout
« Reply #338 on: May 16, 2021, 11:40:46 AM »
They wont take your car if its within 60 days of expiration. You can try extending the lease
Do they pay off the remainder? Or I am responsible for that?

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Re: Dealer Lease buyout
« Reply #339 on: May 16, 2021, 11:51:06 AM »
Do they pay off the remainder? Or I am responsible for that?
Isn't extending the lease just allowing you to continue to use it and pay monthly?
If that's the case, payoff shouldn't change