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Continuing the discussion from Here’s a deal I’m working on for a 2018 Jeep Grand Cherokee Limited (SoCal):
Hi all,
I’m new to this site and new to leasing. Here’s my situation:
Car: 2015 Jeep Grand Cherokee Laredo
Miles: 36600 (6600 over allowed miles on lease terms)
Lease end: June 19, 2018
Residual: $19,346.10
Live in Southern California
Loan owned by Ally Financial
We were thinking of handing in the lease/trading in for a Chrysler Pacifica Hybrid however, after identifying the Pacifica we want had a really unpleasant interaction at the dealership when they low balled us on the trade in for the Jeep ($17,700) stating that the tires will need to be replaced, etc. Car max valued the car at $18,000. It’s in great shape, no scratches, damage, accidents, etc The KBB value is $19,432.
So, I’ve been doing my research and I’m still coming up short with some answers.
I want to avoid paying the ~$1300 in mileage overage.
Questions-when dealers call Ally do they get a different buyout amount than is offered to me? How does the mileage over come into play?
Is my best bet to 1. buy out the vehicle and keep it or 2. find a buyer on the private market, buy the vehicle from Ally and sell to private buyer within 10 days to avoid paying sales tax and registration?
Appreciate any advice or suggestions.
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And your point is? Love how people feel all mighty behind a keyboard to insult others. Would you do this face to face? To my understanding this is a shopper’s site, not a dealers site to drum up business. I had no idea dealers were competing for my business? Sounds like the real world, especially on a car that could be had for under $300 8 months ago on a 3 year 15k lease. As to shady? Loan officers. I have no idea who they are but thought others who are interested in leasing a Tesla 3 might want the information while you so called experts could vet for the rest of us. This site serves a great resource for many of us who don’t share your expertise so not sure where your hostility comes from?
Yes I would. I’m not sure how my comment makes me “mighty behind a keyboard,” but ok.
You were shopping prices from @SOCALChevyPro with @chevysalesgirl. How would that not constitute pitting 2 dealers?
I’ll just bite my tongue. But I’m curious. Are you the site moderator? Is there a hard fast rule that dealers can’t compete for business on this site? If your in LA let me know so I know where not to shop. Thank you.
My name is not Bud, it’s Don. FYI I had no idea I was putting dealers against each other. In fact he referred me to one deal while I was speaking with another. But you wouldn’t know that. Thank you
A post was merged into an existing topic: Leasehackr in Bloomberg News article re the BMW $54 i3 deal EDIT: THE DEAL IS LONG DEAD AND OYSTER BAY BMW IS A DISASTER OF A DEALER
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more reason to look elsewhere. the bolt offers both.
here is the video regarding the bmw. i love this video. it is ALL TRUE!
moderators can delete the second video. not trying to hijack the thread but this video is hilarious. btw, youtube is full of videos of crappy used bmw’s.
Diesel is dying; the gasoline internal combustion engine may soon follow. The administration’s latest assault on the environment and our lungs rests partly on the premise that deregulation will make Detroit more competitive. It will do exactly the opposite.
Tesla vs Apparently everyone else remind me to the Apple vs PC thing. The fanboys and the brand itself created a culture of us vs the rest and i enjoy the shitshow that it brings, the amount of Tesla bashing in this thread is incredible. A whole lot of the criticism is warranted and i agree for the most part with people here actually when it comes to the argument of how fucked up it is to being basically a guinea pig for autopilot. But people here take it to a different level. Especially when it comes from the shitheads that like to politicize every single conversation they participate in. There is even a guy in this thread criticizing Musk for going to a party. Just come here for the shits and giggles! tribalism is a hell of a drug 
I can get a 2018 Audi S4 premium for $579 0 down. What else would you get in that price range?
$0 down or $0 due at signing? That’s a $3,000+ difference
$0 down $1895 due at signing