Quote:
Originally Posted by edofloat
Oh, they are getting what must be a lease turn-in, he just isn't realizing any type of gain. In other words, they aren't willing to give any monies above the residual and apply it to the new lease.
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Yes. this is correct. turn it in and get no value, or buy it out and then have to sell it privately. but i'm not getting any equity from the dealer even though the buy out is $62k and these seem to go for around $72-75k right now.