05-24-2018, 11:48 AM | #133 | |
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2011 A4 Avant, dealer offered $23K carmax gave me $28K. 2014 Audi S4, carmax gave me $41K low but I was over it. 2013 Ford Raptor carmax gave me $45K, dealer offered me $35K hoping I didn't know what it was worth. |
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05-24-2018, 03:54 PM | #134 |
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Now i feel like an idiot for not even considering carmax. I just sold my f80 to the dealership one day as i was waiting for my car in service. I was 14 months into my lease and had 20k miles and came to an agreement of they would buy the car outright and i could walk away. But i needed the car for another 2 weeks and told them i would sell it to them then, and they said the offer may be off the table. Walked in 2 weeks later and took a cab home lol.
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05-24-2018, 04:44 PM | #135 | |
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The other was a similar situation where I went into 2nd after shifting at the redline in 3rd. i was going around a corner and let the clutch out MAYBE 10% when I immediately felt the car pitch and yaw in a weird way. close....but still here.
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05-25-2018, 08:33 AM | #136 |
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none of you know how to drive a manual. Hang it up and get yourselves DCTs, they are faster anyway.....
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05-25-2018, 08:53 AM | #137 |
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05-25-2018, 09:36 AM | #138 | |
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A quick shot of cheap Tequila isn't nearly as satisfying as a glass of premium scotch
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dinonz3216.00 |
05-25-2018, 02:54 PM | #139 |
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05-25-2018, 02:58 PM | #140 | ||
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06-14-2018, 09:30 PM | #142 | |
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06-14-2018, 09:40 PM | #143 | |
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At 14 months into the lease you had negative equity,how much was it?
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06-14-2018, 10:45 PM | #144 | |
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Stuck on a Porsche GT4 at the moment |
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06-15-2018, 03:38 AM | #145 | ||
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The issue is that usually the balance remaining (residual + remaining payments) is a higher amount than the car is worth. Which often makes you upside down on the loan. But it's not uncommon to have equity when your lease is up if you drive low miles or the market for that car is high. Most people don't understand this about a lease. And most dealers don't tell you about it. People assume you owe the car to the dealer. The dealer is an irrelevant third party relative to your lease. It's between you and the bank. Note about selling privately. While this may be the best way to get out of a lease since you can get retail dollars vs wholesale, most private buyers want title in hand. In order for the sale to work, you'd have to either pay off the car in full and get the title and then sell the car, or find a buyer that's willing to send a whole lot of cash to your bank and then hope it all goes smooth and then completes the sale once the title arrives. If the buyer is a Family member or close friend or somebody you know, option 2 is more realistic. |
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06-17-2018, 08:21 AM | #147 |
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Before I turned in my M4 lease I went to Carmax to see if they would beat my
residual value to make a few bucks. Not a chance they offered my $44k my residual was $45k so I said no thanks. |
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06-24-2018, 03:52 PM | #148 | |||
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06-24-2018, 05:42 PM | #149 | |
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BUT a dealer can help with the sale/paperwork. Now what happens here is, you sell the car to the dealership, the dealership sells the car to the arranged buyer. The dealership makes some paper work fee I believe (In the realm of $500). Not all dealerships will do this, and for the most part, this is even a BIGGER pain in the ass then trying to sell a car without a title like the previous user mentioned. Hope this helps |
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06-25-2018, 12:55 PM | #150 | |
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06-25-2018, 12:58 PM | #151 |
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Op, what's the latest update? Are you getting the engine rebuilt or replaced?
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06-25-2018, 04:16 PM | #152 | |
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06-30-2018, 12:34 AM | #153 | |
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Don't sound like its too bad. You'll be alright.. Dudes money shift everyday B.. |
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06-30-2018, 11:39 AM | #154 | ||
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