Got about 11 months left on current 2019 Kia Sorento LX AWD lease that I’m paying $329 a month ($0 due at signing) for right now. Carvana’s most recent offer puts me at $6k in positive equity but I’d need to replace it with something similar vehicle wise – i.e. third-row – and hoping to keep payment…

I am in the same situation but with an x5. I’m going to order a wrangler 4xe which is the only solid deal right now. Sure, not a luxury car, but still a solid SUV to drive around until the market cools. It’ll be easy to get out of the lease at that point via swap or equity.

[image] CDUG: put down $3k and start another lease. No that’s not how it works.

Highly reminiscent of driving my Mini Clubman (which Mini gets no love here) in that driving the 4xE is very unique. Like the Mini, the cockpit, seating position, and driving characteristics are special and satisfying, so much so that getting back into a ‘normal’ car/truck feels very underwhelming. …

I was in a similar situation with positive equity. Ended up selling the atlas for 6600 more than the payoff. We wanted to move back to Audi (had a q7 before the atlas) for the q8 but it didn’t lease well. I could have put the 6600 into the q8 to get the monthly down but I couldn’t accept paying th…

[image] 2021 Volvo XC90 T8 Recharge Inscription 7 seater MSRP $75,490, 36/12k, $899 (including tax) per month, 0 DAS, 5 MSD Share Deals & Tips Not a bad deal in current market. You’ll appreciate the upgrade to real inscription) blush (coming from owner of ins expression) C…

Well the math changed. Since we apparently can’t do 3rd-party buyout anymore after 9/1, CarMax and others won’t buy it and dealer is obviously offering less now. So my $9K in profit became $6K. :grimacing: Besides, that’s the number they quote on the phone. I’m sure they’ll find “something” wrong wh…

So here’s my latest thinking, given that I want to end up in a new GLC (and not another brand), and can stomach an extra grand or two out of pocket for peace of mind. Given that I can’t sell to a third-party because of MBFS rules and the dealers will obviously screw me over when I trade in the curr…

Have you read? [image] Sold my leased Mercedes to AutoNation… Share Deals & Tips 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 M…

I have. I think the situation was different a couple months ago when it was just as easy to sell to Mercedes dealer or to CarMax (when I inquired at AutoNation a month ago, they said “show us the CarMax price, we will meet it or beat it). Now that you can ONLY sell leased Mercedes to Mercedes, deale…

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Positive equity and replacement options in the current market

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Bmedr September 4, 2021, 6:19pm 128