# Givemethevin.com Experience **URL:** \ **Category:** Ask the Hackrs\ **Tags:** truck, jeep\ **Created:** [November 2, 2019, 4:06pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615 "2019-11-02T16:06:32Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Raven](https://leasehackr.b-cdn.net/letter_avatar/raven/32/5_5575768a8748004e209b776fc1b2916d.png) [@Raven](https://forum.leasehackr.com/u/Raven)\ **Post date:** [November 2, 2019, 4:06pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/1 "2019-11-02T16:06:32Z")
I have been hearing radio ads for [GiveMeTheVin.com](http://GiveMeTheVin.com) lately as a competitor to Vroom and Carvana. And while I just closed the deal on my new Jeep Gladiator 2 months ago, I can’t help but submit my info to these companies to see what they would pay for it. I used Vroom to sell my Ram 1500 so I could get into the Gladiator. So I negotiated my deal from a $45,310 sticker to $39,969 I believe. I’ve had the Gladiator for 2 months and have put 2,400 miles on it. Carvana- claimed the Gladiator was too new for their algorithm to give me a quote and they never contacted me back Vroom- Offered me $33,000 which is $1,000 less than my buyout at the end of the 3 year lease lol. GiveMeTheVin- It took them a few days but they offered me $40,000 How can they offer me the price that I negotiated for the truck new and expect to make money on it? Wouldn’t they be better served to negotiate a deal from a new car dealer for a vehicle with zero miles and sell that? Like I said, not interested in getting rid of the Jeep but it just had me thinking about how they can make any money with that type of offer. ---
**Author:** ![Lax854](https://leasehackr.b-cdn.net/letter_avatar/lax854/32/5_5575768a8748004e209b776fc1b2916d.png) [@Lax854](https://forum.leasehackr.com/u/Lax854)\ **Post date:** [November 2, 2019, 4:35pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/2 "2019-11-02T16:35:20Z")
If you were to sell at 40k right now would you make a profit? ---
**Author:** ![boozinix](https://leasehackr.b-cdn.net/letter_avatar/boozinix/32/5_5575768a8748004e209b776fc1b2916d.png) [@boozinix](https://forum.leasehackr.com/u/boozinix)\ **Post date:** [November 2, 2019, 4:35pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/3 "2019-11-02T16:35:55Z")
> [@Lax854](#): > > your \*you are FTFY ---
**Author:** ![Raven](https://leasehackr.b-cdn.net/letter_avatar/raven/32/5_5575768a8748004e209b776fc1b2916d.png) [@Raven](https://forum.leasehackr.com/u/Raven)\ **Post date:** [November 2, 2019, 4:58pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/4 "2019-11-02T16:58:35Z")
Technically yes but in real it’s no. I had $1,425 in drive offs with fees and first month that I wouldn’t be getting back ---
**Author:** ![Ohio24](https://leasehackr.b-cdn.net/letter_avatar/ohio24/32/5_5575768a8748004e209b776fc1b2916d.png) [@Ohio24](https://forum.leasehackr.com/u/Ohio24)\ **Post date:** [November 2, 2019, 5:30pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/5 "2019-11-02T17:30:04Z")
They probably think they can sell it for more than that. The big advantage online companies have is the data about who is searching for what. There may be 100 people across the country currently searching for exactly your car in your color - when they see search data like that they may assume there’s a buyer for it. ---
**Author:** ![NY13](https://leasehackr.b-cdn.net/letter_avatar/ny13/32/5_5575768a8748004e209b776fc1b2916d.png) [@NY13](https://forum.leasehackr.com/u/NY13)\ **Post date:** [November 2, 2019, 6:32pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/6 "2019-11-02T18:32:47Z")
Your payoff is not the sales price. ---
**Author:** ![johnnygraham](https://leasehackr.b-cdn.net/letter_avatar/johnnygraham/32/5_5575768a8748004e209b776fc1b2916d.png) [@johnnygraham](https://forum.leasehackr.com/u/johnnygraham)\ **Post date:** [November 2, 2019, 7:01pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/7 "2019-11-02T19:01:09Z")
What do you mean? ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [November 2, 2019, 7:10pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/8 "2019-11-02T19:10:18Z")
> [@NY13](#): > > Your payoff is not the sales price. This is highly dependent on the bank. Some banks give you the payoff, regardless of if it’s you buying or a dealer buying, so the payoff is the dealer buyout. (Honda, etc) Some banks give a higher payoff if it’s a dealer buying it out than if it is you, so the dealer buyout is higher than the payoff. (Audi, etc) Some banks give a payoff that includes sales tax as if you bought it, so the dealer buyout is less than your payoff. (Hyundai, etc) ---
**Author:** ![JamesBond](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jamesbond/32/10810_2.png) [@JamesBond](https://forum.leasehackr.com/u/JamesBond)\ **Post date:** [November 2, 2019, 7:55pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/9 "2019-11-02T19:55:20Z")
I just submitted my 2018 Volvo S90, their offer is about 18k below current buyout. ---
**Author:** ![Electric](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/electric/32/70040_2.png) [@Electric](https://forum.leasehackr.com/u/Electric)\ **Post date:** [November 2, 2019, 7:59pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/10 "2019-11-02T19:59:36Z")
Oh boy, I can’t wait to see what they offer on my 440i. ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [November 2, 2019, 8:01pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/11 "2019-11-02T20:01:35Z")
Carvana is about the same in mine ---
**Author:** ![Raven](https://leasehackr.b-cdn.net/letter_avatar/raven/32/5_5575768a8748004e209b776fc1b2916d.png) [@Raven](https://forum.leasehackr.com/u/Raven)\ **Post date:** [November 2, 2019, 8:06pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/12 "2019-11-02T20:06:32Z")
Well… duh lol 😂 ---
**Author:** ![Raven](https://leasehackr.b-cdn.net/letter_avatar/raven/32/5_5575768a8748004e209b776fc1b2916d.png) [@Raven](https://forum.leasehackr.com/u/Raven)\ **Post date:** [November 2, 2019, 8:07pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/13 "2019-11-02T20:07:00Z")
Ouch 😣 that’s a hard one to take ---
**Author:** ![JamesBond](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jamesbond/32/10810_2.png) [@JamesBond](https://forum.leasehackr.com/u/JamesBond)\ **Post date:** [November 2, 2019, 8:51pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/14 "2019-11-02T20:51:37Z")
I am not taking anything. Only have 5 months left and then returning it. ---
**Author:** ![Raven](https://leasehackr.b-cdn.net/letter_avatar/raven/32/5_5575768a8748004e209b776fc1b2916d.png) [@Raven](https://forum.leasehackr.com/u/Raven)\ **Post date:** [November 2, 2019, 9:09pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/15 "2019-11-02T21:09:22Z")
No, I mean, it’s almost insulting ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [November 2, 2019, 9:19pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/16 "2019-11-02T21:19:32Z")
It’s a perfect example of why leasing a new vehicle can be a vastly cheaper route than purchasing. Imagine if you had bought the s90 and found yourself with almost $20k in negative equity. ---
**Author:** ![cheapdad00](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/cheapdad00/32/23664_2.png) [@cheapdad00](https://forum.leasehackr.com/u/cheapdad00)\ **Post date:** [November 2, 2019, 11:02pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/17 "2019-11-02T23:02:41Z")
> [@Raven](#): > > No, I mean, it’s almost insulting It’s a Volvo, equity in those is rare… ---
**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\ **Post date:** [November 2, 2019, 11:19pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/18 "2019-11-02T23:19:26Z")
If you bought it you’d have a lower pay off. It could be much closer to the pay off after 3-4 years. I had $1.7k positive after 4 years on a S60 on a 72 month loan. ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [November 2, 2019, 11:41pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/19 "2019-11-02T23:41:49Z")
Well yah, because you paid way more. Point is it depreciated way more than expected, so your cost of driving the vehicle for those 2-3 years would be significantly higher. ---
**Author:** ![NY13](https://leasehackr.b-cdn.net/letter_avatar/ny13/32/5_5575768a8748004e209b776fc1b2916d.png) [@NY13](https://forum.leasehackr.com/u/NY13)\ **Post date:** [November 2, 2019, 11:43pm UTC](https://forum.leasehackr.com/t/givemethevin-com-experience/192615/20 "2019-11-02T23:43:21Z")
Some examples were given but payout usually is residual plus all payments that remain. Not the sales price of the car. [Next page](https://forum.leasehackr.com/t/givemethevin-com-experience/192615.md?page=2)