Author Topic: Car Lease Master Thread (Read 1061606 times)

~King Lake~ · « **Reply #4160 on:** August 21, 2020, 01:36:36 PM »

Quote from: Luvisrael on August 21, 2020, 08:16:33 AM

Does the sales option ever work in Rodo

Works for me

flyingace · « **Reply #4161 on:** August 23, 2020, 09:26:03 AM »

Does anyone have any experience purchasing a used car from Vroom?

whacked1 · « **Reply #4162 on:** August 23, 2020, 04:41:34 PM »

Thanks ya'll king lake (i would tag you put i cant find the squiggle on my keyboard) and others.... I'm 10 months into an acura tlx lease. I hate the car. Selling to algo (making $2500), and leased another car with Rodo. I tried my regular brokers, but they are seem too busy to get back to me, so rodo it was. I didnt check pricing elsewhere, so I'm not sure that how good of a deal I got. I needed a car

yossig · « **Reply #4163 on:** August 23, 2020, 05:05:03 PM »

Quote from: whacked1 on August 23, 2020, 04:41:34 PM

Thanks ya'll king lake (i would tag you put i cant find the squiggle on my keyboard) and others.... I'm 10 months into an acura tlx lease. I hate the car. Selling to algo (making $2500), and leased another car with Rodo. I tried my regular brokers, but they are seem too busy to get back to me, so rodo it was. I didnt check pricing elsewhere, so I'm not sure that how good of a deal I got. I needed a car

can you provide some insight how the algo transaction went?

whacked1 · « **Reply #4164 on:** August 23, 2020, 05:34:03 PM »

Quote from: yossig on August 23, 2020, 05:05:03 PM

can you provide some insight how the algo transaction went?

They didn't pick it up yet. I need to send back power of atty papers to schedule

yossig · « **Reply #4165 on:** August 23, 2020, 05:39:21 PM »

Quote from: whacked1 on August 23, 2020, 05:34:03 PM

They didn't pick it up yet. I need to send back power of atty papers to schedule

are you paying tax for buying out the car from the leasing company?

whacked1 · « **Reply #4166 on:** August 23, 2020, 05:51:42 PM »

Quote from: yossig on August 23, 2020, 05:39:21 PM

are you paying tax for buying out the car from the leasing company?

Not 100% sure. I dont believe so. My buyout amount is 25k on acura.com. They have it at 23 and change

cozmohoot · « **Reply #4167 on:** August 23, 2020, 06:50:32 PM »

Dealers don't pay tax when buying out a lease.

Zevi16 · « **Reply #4168 on:** August 23, 2020, 09:30:14 PM »

[mention]thaber [/mention] or if anyone else can help.
I have a 2017 Sentra with under 20k miles. Lease is up sep 6th and I already got bused a different car.
Lease buyout is $10,161 plus $300.
ALGO gave me an estimate of 12,100 and carvana estimated $12800.
Is there any that is preferable? Are their estimates usually on point?
Also I’m not able to start the sale before sep 3rd. How long is the whole process? Should I/can I extend my lease for a month to be safe?

JuryDuty · « **Reply #4169 on:** August 23, 2020, 09:32:16 PM »

Quote from: Zevi16 on August 23, 2020, 09:30:14 PM

[mention]thaber [/mention] or if anyone else can help.
I have a 2017 Sentra with under 20k miles. Lease is up sep 6th and I already got bused a different car.
Lease buyout is $10,161 plus $300.
ALGO gave me an estimate of 12,100 and carvana estimated $12800.
Is there any that is preferable? Are their estimates usually on point?
Also I’m not able to start the sale before sep 3rd. How long is the whole process? Should I/can I extend my lease for a month to be safe?

I'm not familiar with buyouts but returning my lease, I was told that there's always a 10 day grace period

Luvisrael · « **Reply #4170 on:** August 23, 2020, 09:41:14 PM »

Do u get the difference of the DEALER payoff price from Algo?

Zevi16 · « **Reply #4171 on:** August 23, 2020, 09:45:39 PM »

Quote from: Luvisrael on August 23, 2020, 09:41:14 PM

Do u get the difference of the DEALER payoff price from Algo?

Didn’t see that option. It was an instant quote.

whacked1 · « **Reply #4172 on:** August 23, 2020, 09:46:53 PM »

Quote from: Luvisrael on August 23, 2020, 09:41:14 PM

Do u get the difference of the DEALER payoff price from Algo?

Do i need to specify dealer? Wouldnt it be automatic?

Luvisrael · « **Reply #4173 on:** August 23, 2020, 09:55:45 PM »

Quote from: Zevi16 on August 23, 2020, 09:45:39 PM

Didn’t see that option. It was an instant quote.

The instant online quote is BS. As soon as I spoke to them on the phone the guys like that’s a max white and of course they quoted me more than 1k less after the inspection. Than I had them price match Caravana

yossig · « **Reply #4174 on:** August 23, 2020, 10:20:06 PM »

Quote from: cozmohoot on August 23, 2020, 06:50:32 PM

Dealers don't pay tax when buying out a lease.

so it’s not like I’m buying out my lease and then selling it?

miles lover · « **Reply #4175 on:** August 24, 2020, 02:33:43 AM »

How long do you have from when algo does an inspection untill you need to give them the car ?

whacked1 · « **Reply #4176 on:** August 24, 2020, 09:29:04 AM »

Quote from: miles lover on August 24, 2020, 02:33:43 AM

How long do you have from when algo does an inspection untill you need to give them the car ?

They told me they hold the quote for three days.

israshot · « **Reply #4177 on:** August 24, 2020, 11:23:24 AM »

Is the dealership/leasing company responsible to bring the car with the NY inspection, or they fo it as a favor?

~King Lake~ · « **Reply #4178 on:** August 24, 2020, 01:05:21 PM »

Quote from: israshot on August 24, 2020, 11:23:24 AM

Is the dealership/leasing company responsible to bring the car with the NY inspection, or they fo it as a favor?

Nope

Pad18 · « **Reply #4179 on:** August 24, 2020, 01:07:05 PM »

Quote from: israshot on August 24, 2020, 11:23:24 AM

Is the dealership/leasing company responsible to bring the car with the NY inspection, or they fo it as a favor?

By law ? No. The vehicle need to be ready for inspection (witch a new vehicle usually is, except it could need some driving)

But I will no go crazy about it, cost 37$ so why the hassle !?

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Author Topic: Car Lease Master Thread (Read 1061606 times)