Bought out this lease at the end of a 42 month term, back in April. The MSRP was $23k when I first leased it.
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Before I bought it out at the dealer, I got a quote from Carvana for $14,500. Would have made around 2k there in profit. I waited it out.
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Checked again in June. This time they offered $16,500. Waited it out again.
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Just sold it to Carvana for $19,500. I owed 11k on it. Walked away with an $8K check to my name.
I debated waiting another month or two, but figured eff it, I will wait out the market and take out my profit now and sit on the cash. My other daily driver is an Arteon which the wife and I will share for now.
Oh yeah, we checked Vroom and Carmax, both came in $3k under Carvana. I am happy!