Quote:
Originally Posted by RickP
It's all about the condition, mileage, and payoff of the leased vehicle. If the payoff is lower than the going rate for said vehicle, the dealer can often just pay it off to do the deal, make you pay at or near full price for the new vehicle in return for the trade, or offer financing terms beneficial to them. It all depends.
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That makes sense. Whatever money the dealer dumped into in order to get me out of the lease, if the car's residual is worth more, then they will still make a profit when the sell.
But as far as the new car goes...I checked my price on Truecar and got a good deal.
Z.