Is it a good idea to purchase the car before the lease end and sell it to third party dealership?
2019 HONDA CRV - 26k milages currently , NY plate
Thank you.
How much are third party dealers offering compared to your buy out price after taxes and fees?
Thank you for the reply, I quoted online and it is about $28k from third party and buy out price is around $22k before tax I guess.
I’d sorta out exactly what the costs are and get an offer from rodo, autonation, and some Honda dealers to compare.
Do you need the car?
If so, either extend it or use it to trade in at a Honda Dealership. Use the $28k and hardball the dealers.
If not, then heck ya sell it.
Thanks for the advice, I quoted KBB and carmax only.
I want higher price like 30k lol
We all do, but if the online folks aren’t quoting you 30k, then good luck! Basically those guys follow the auctions, and if your car is auctioning at less than 30k, why would they pay MORE for yours?
And KBB cash offer.
Isn’t KBB offer usually not honored?
both irrelevant because neither can actually transact.
In my case KBB cash offer was honored by my local dealer.
Updates: went to three dealerships, the highest offer is 5k which is pretty good.
That sounds about right most Crv’s leases are holding about 3-6k in “equity”. This is a ex model or under based on that payoff right?
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