I’m in the same boat as you almost exactly. I also am 12-13 months into my 2019 accord sport 2.0T but I have 6100 miles with a pay off of $25,800 and vroom offered $26,825.
I too am curious about this $375 fee for Honda, disposition is $350.
I’m in the same boat as you almost exactly. I also am 12-13 months into my 2019 accord sport 2.0T but I have 6100 miles with a pay off of $25,800 and vroom offered $26,825.
I too am curious about this $375 fee for Honda, disposition is $350.
So their picking the car up on Wed from me now but the transport company said the car is listed by vroom as to not look the car over. Just curious if ur transporters had to look it over and give a report?
They did look at mine and took pictures, noted rims “wear” but that’s all…all good and already listed on Vroom
I searched for this, but didn’t find the answer …
I got a pretty good offer on my BMW, but I have MSDs on the deal.
If car is paid off by vroom, does the check come back to me for the msds from bmw?
Just a little confused as a lease transfer would usually mean the MSDs go to whoever takes over the lease.
Thanks for help
With a lease transfer the lease is still in effect till maturity. With a sale you are making good on the contract and will receive all MSDs back, as long as correct payoff if used.
No shenanigans w BMW, you’ll get your MSDs without having to call BMW. Crack operation.
Sold my 2014 Tiguan to vroom. I started the process a week ago. They picked up the car this Sunday and I received an email Monday that they Fedex the pay off to the lender and to me the difference. I should get my beer money today.
I went to vroom just to see what they are selling it at and they marked it up 2,400. They bought it from me for kbb.
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Car: 2019 Nissan Maxima
Trim: Platinum
Lease: 36 months, 12k miles per year
Current Mileage: 10500 miles
Driven 13 months out of the 36.
Current Pay off: $ 30,220
carvana: 25,043 (- 5117 loss)
vroom: 32,021 (+ 1801 gain)
ALgo (initial offer)= 30,600 (+ 380 gain)
I have been thinking about selling my car for a while. Now looking at these offers I am really tempted sell the car, and buy a beater for a while until cars are back in stock.
I am waiting for call from ALgo and see if they will match Vroom, otherwise I will just go with Vroom.
2k profit sounds good! can you manage without a car or have a backup for the time in between. go for it.
In my case vroom is only up by 600 over my buyout. at 2k it’s def worth doing the paperwork and all to take your profit. specially if you don’t anticipate driving so much or want to be out of the lease early.
I plan on checking quotes every few days to see if it improves (prob up/down by few hundreds at most, just a guess).
Yes 2k does sound nice. I have my roommate’s Lexus that I can drive for the some time as he works from home. But I am not planning on getting a new until end of year.
I want to get BMW, Volvo or Audi next. Since loyalty deals are good on these brands I was thinking about getting old one close to 5k range and driving that until end of year and see if there any good deals
If you’re into BMW check out the driving events to get an OL code to save up to $1000 more on your lease deal.
I went to the driving event at metlife, the code is valid this end of this year, So I am not in a hurry to look for next lease.
I wish I came across this thread a week earlier. Next one nearby NY is in November. Philly is kind of far.
Car: 2019 Lexus NX 300h
Lease: 36 months, 12k miles per year
Current Mileage: 8550 miles
Driven 24 months out of the 36.
Current Pay off: $ 31, 614
Carvana: 34,390 (+ 2776 gain)
Vroom: 35,481 (+ 3867 gain)
Vroom listed $38690 on their site
With current situation, really don’t need multi cars in the house. This will be my first time selling a lease, let’s see how it goes.
8/25: Accept offer and submitted drivers license/ reg. / ODO picture. (no other emails yet)
8/28: Received email “Ownership Verification Submitted”
9/2: Received email “We need your payoff letter”, I called Lexus right away and sent the letter back
within 40 min.
9/3: Received eDoc to sign, signed it the same day.
9/4: Received FedEx POA(1PM) , send out FedEx POA with 1 key @ 3:45PM, should get to Vroom on Tuesday(9/8) due to holiday.
9/8: Received email “Looking for carrier” they received FedEx doc and key.
9/9: Received email “Carrier Assigned For Pick-Up”
9/10: Received email “RPM Transportation Vehicle Confirmation” - confirm my address and contact info.
9/11: Carrier picked up the car ~ 11:40PM, sent the BOL to Vroom ~ 12:10PM, Vroom confirmed they received BOL ~ 2:56PM , release the liability on DMV’s website.
9/14: received email “Confirmed: Vehicle Payments Sent” got the tracking for 2 checks, one going to the bank the other coming to me.
9/15: Received the check, waiting for the bank to close the account. They listed the car for $38,690.
9/25: Bank account closed, waiting for refund for MSD and 1 month payment.
10/1: Car on Vroom side shows sale pending.
10/5: Car is no longer showing on Vroom’s website (guess it’s sold)
10/5: received MSD and 1 month payment from the bank via USPS!
Case finally closed!
Totally took about 41 Days from start to finish for me.
Quick ? on the release of liability their asking for new owners name and address I’d assume Vroom plus their headquarters address?
Really taking social distancing seriously
They wouldn’t let me near it
Now make sure you stay on top of vroom. If you don’t receive the FedEx email ( sending check to NMAC) within 2 days of sending BOL to them…please call them.