PRIVATE For Sale / Trade Classifieds Sell/Trade your stuff for free! NO COMMERCIAL POSTS!

lease buy out bull

Thread Tools
 
Search this Thread
 
Old Oct 19, 2008 | 05:42 PM
  #1  
boomer's Avatar
Thread Starter
Joined: Jan 2007
Posts: 21
Default lease buy out bull

i just called gmac about buyout. told the girl that because of gas prices and economy that it only makes sence to negociate new buyout price. i have 06 lug pac. 24000 buy out! i said i cant find a dealer selling one for that price. she said that the buyout price is what it said on paper.my question is who do i talk to beyound this girl. i also posted a question a while ago about this and people were saying that they were going to sell at any price. what happened?
 
Old Oct 19, 2008 | 06:47 PM
  #2  
duckstu's Avatar
Senior Member
Joined: Nov 2007
Posts: 101
Default RE: lease buy out bull

Why not just get a new one? They seem to prefer to sell new ones instead of lease buyouts,...to the extent that I can get a new '09 for less than they wanted for my 27,000 mile 3 year old lease.

I can;t figure it out either.

Here at least, they're doing employee pricing for everyone,...and a fully loaded Luxury Edition is $26K,..and a mid level is 22,...base 21k
 
Old Oct 19, 2008 | 08:59 PM
  #3  
mikehartigan's Avatar
Member
Joined: Oct 2008
Posts: 95
From:
Default RE: lease buy out bull

ORIGINAL: boomer

i just called gmac about buyout. told the girl that because of gas prices and economy that it only makes sence to negociate new buyout price. i have 06 lug pac. 24000 buy out! i said i cant find a dealer selling one for that price. she said that the buyout price is what it said on paper.my question is who do i talk to beyound this girl. i also posted a question a while ago about this and people were saying that they were going to sell at any price. what happened?
You agreed to a $24,000 buyout when you signed the lease. They have absolutely no incentive to negotiate that price. Unfortunately, your options are few. Be thankful that you're not the one who is stuck with a $16,000 car for which you paid $24,000 (that's one of the advantages of leasing). It would make sense for them to reduce the price if you would agree to a lower price than they're likely to fetch in the current market but, frankly, that's unrealistic, given that you're not likely to accept a price that is higher than the market price of the car (I don't know what that price might be, but consider that new '08s are selling in the low 20's right now).
 
Old Oct 20, 2008 | 11:55 AM
  #4  
BMJM100's Avatar
Senior Member
Joined: Dec 2005
Posts: 171
From: Ma.
Default RE: lease buy out bull

Go back to the dealer you leased it from and when they find out they will be getting it back, which they don't want they can call for to to see if they can get a lower price for you to buy it. Worse case like they say is you turn it in and re-lease a brand new 09 !!

I'veleased all of mine for 10 years now and I've either sold mine out right or turned them in and walked out with a brand new truck & lease.
 
Old Oct 21, 2008 | 09:49 PM
  #5  
Crash's Avatar
Joined: Oct 2006
Posts: 219
From:
Default RE: lease buy out bull

ORIGINAL: BMJM100
I'veleased all of mine for 10 years now and I've either sold mine out right or turned them in and walked out with a brand new truck & lease.
Seriously, someone wrotea lease on the Lotus..?? Impressive..
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
ALPHA XY
PRIVATE For Sale / Trade Classifieds
14
May 9, 2008 11:02 PM
jrbnc
PRIVATE For Sale / Trade Classifieds
3
Dec 25, 2007 10:23 AM
nocturnaltrader
PRIVATE For Sale / Trade Classifieds
12
Dec 19, 2007 07:50 AM
UP_ROKTOY
PRIVATE For Sale / Trade Classifieds
0
Aug 15, 2006 04:40 PM
Fallz
PRIVATE For Sale / Trade Classifieds
7
Jul 31, 2006 12:22 PM




All times are GMT -5. The time now is 09:36 AM.