Quote:
Originally Posted by trinim3
. Out of curiosity how does it work when you sell a more expensive car for a less expensive car? Does the dealer write YOU a check instead of the other way around? What about the taxes?
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Actually, every one of these cars (save the first M coupe) was a lease. Since I put so few miles on my car (lucky enough not to have a daily commute), I am able to get out of my leases pretty much even, since my buy out equals the trade in offer. From the 325xi to the 335 I actually made $4k!
So downside is I'm paying for miles I'm not using, but it's actually allowing me to trade out of cars more aggressively when I want.