Could try KBB Instant Cash. If the price is right they’ll tell you where you can take it for a sale.
thanks, just did that and the offer was 25400! is that a guaranteed price?
I think the dealer might pull something when i go in to get it redeemed.
That’s based on the vehicle being in excellent condition. So anything less and they’ll likely lower it. I received emails from dealerships offering to pay more than that price. Not sure how reliable that is though. My dad is a finance manager at a Honda dealership that is one of the KBB affiliates and he said they usually give the listed value barring any damage to the vehicle. Good luck.
thanks
the value was between 25400 to 27500 and they were offering the lowest. which is still better than other dealerships.
We went to Honda and they wouldn’t give us the positive equity on our lease return. They said they bought it from Honda for $2000 more than the buyout price. I expected to receive a check but they said it “doesn’t work like that” it’s between them and Honda. If I wanted to sell it to them, I had to buy it from Honda and pay the 9% sales tax. Does anyone have experience in NY?
If you did a lease return, you don’t get anything. You needed to have sold it to the dealer for get any positive equity.
Yep, like trading it in before lease end and getting a new car from the same dealer. I did it twice and got $500 each time.
We wanted to sell it to the dealer. They said we could not and that our only option was lease return. It was 3 months before lease end but we were moving into a BMW
That would only work with the same brand. They usually have 0 interest in buying a different brand car without selling you theirs.
I think it was the same brand? He was returning or interested in selling a Honda to Honda. But extracting your equity is hard, esp if you are not buying a car from them.
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I understood as different brand
Honda dealer with my Honda CRV
Yeah, I got it all mixed up. The second part about different brand was wrong, but buying your “car without selling you theirs” stays. @max_g
I suspect the dealer knew they could get the car cheaper through Honda at the end of the lease than buying it off of you before you grounded it, so they gave you a BS answer to get you off their back. Just like when purchasing a car, it’s in your best interest to shop around, the same goes with selling one also.
Just leased a car back in April. Can I negotiate lower monthly payments directly with the leasing company, or is it too late?
No, your payment is whatever your contract says.
Sold my vehicle at a dealer for 25000 even. Carvana offered 25300, but it was just so much easier/felt safer trading it in. Still 1000 more than what other dealers offered.