As of today, both quotes were the same for me, but you are right that this may not always remain this way.
Edit: appears to be others’ recent experience too:
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Yes. You could split or negotiate the share of value in half (market value - quotes from shift/carvana and payoff). Remember limited number of dealers means they have more negotiation power. Also, now you are negotiating on another dimension. You tend to lose more often than the dealer with such complexity
I think they did it for the right reasons, the confusion over the sales tax a customer pays versus a dealer has caused problems.
Where did you hear/read this about GM? I just sold mine 3 weeks ago.
Glad I got mine done in time
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Waiting for the Obligatory, ‘I’ll Never Lease from BMW again’ posts.
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I’m waiting for the people saying Audi is the devil for charging market rate to be glad they’ll at least allow buy outs.
BMW is now officially suspending 3rd parties effective 6/25
Note has gone out to dealers
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Any chance there’s a copy of the note floating around? Curious to see the language and any context they might add.
I’m not comfortable sharing but I’m sure it’ll come up elsewhere
Sorry
Fair enough 
Curious if you’re still fine with your sale to GMTV since I’m in a similar situation with the deal signed but payment not being made yet.
Strange that this is implemented immediately… My dealer just called me to try to make the deal happen and I relayed the news. Dealer insisted that the change would be effective July 1st.
I have confirmation from GMTV that it’s fine because the payoff letter and check are dated prior to the effective date
They confirmed with their management a few times as they’ve recently gone through the same scenario with multiple banks
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Ahh got it - thanks!
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