Understand all that, but first separate the sunk-cost fallacy: there isn’t 10K in equity, there is less than half of the upfronts she paid on the GLE that happens to be there for the possible talking.
If you can convince her to drive something with significantly less cache than a GLE, and that you don’t have to overpay for. This is your biggest problem.
Of course the shortages will end, but not tomorrow, and at this pace unlikely this year.
And if you do lease again (fine if you don’t), you are going to get cleaned-out worse than she did 2 years ago.
freddy4play:
I got a little bit better offer from vroom, but that doesnt seem too reliable from my 2 hours of research.
If it sounds like I am sorta uninformed on this stuff. It is because I am.
Literally thousands of posts with first-hand accounts if you search and start reading. But TL;DR I’d start with an Auto Nation store for that specific unit, today.
Not a lease deal, but I sold my prior lease to Vroom.com today. I rarely plug companies, but holy cow it was easy!
I also got a quote from Carvana, which was more than $2K below my payoff – Vroom was $1,600 over my payoff. Huge swing in my favor.
For reference, the car was a 2016 Acura MDX with the tech package, black/black with just under 20K miles. My sense is that pricing is heavily driven by direct demand for inventory for the company, so pricing will be relative to demand for the color, o…
We got the VROOM topic going (Sold one to VROOM! - #254 by SunshineOC ) but thought I’d throw in how easy it was with Carvana too, and why it’s important to check both.
Put the wife’s Lexus data through both Vroom and Carvana, vroom was $2k under the payoff, Carvana was $45 over it. Submitted the paperwork for Carvana, got on the phone with them to discuss lease transfer stuff with Lexus in the state of MO (easy peasy). Setup a time for pickup to be 10am on a saturday.
10:02 am knock on the doo…
Not a lease deal, but I had to move my 2013 JX35 with 78k mi, loaded quick after the awesome lease deal BigL got me. I got buy offers from a bunch of places including
Trucecar: 11,800
Dealer Tradein 13,500
Carvana 13,800
Shift.com 15,700 + 100 for having paperwork ready.
The process was stupid simple. I cleaned and detailed the car, it looked nearly new. Made the appointment. The shift.com rep Ubered to my house. He looked over the car, and was impressed at how clean it was. He didnt even b…
We have a Vroom, Carvana, etc threads going so why not ALGo. In NJ and Eastern PA, there is a Carmax-esque dealership chain called AutoLenders. They’re no negotiation and used to specialize in off-lease luxury cars, but they’ve shifted more to mainstream brands over the past couple years.
Recently, they launched ALGo which competes directly with Carvana and Vroom. I’d venture to guess they plan on doing nationwide online sales soon.
You submit an appraisal online, schedule a FaceTime apprai…
Sold my leased ‘17 Mercedes C300 4matic Coupe to my local AutoNation Mercedes Dealership (Houston)….
FYI…AutoNation is the largest vehicle retailer in the United States…
Top dollar for my Mercedes… and a simple and professional transaction…
I expect all these crazy high used car prices to start leveling off soon … take the money and run … this bubble will burst!
….
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