Quote:
Originally Posted by Therealmatzaman
I’m in this situation currently. Ive got 6 mo left on the lease. The carmax and carvana quotes online are 3-5k higher than the payoff. I’m wondering if the dealer will come close to that for a trade so I don’t have to go thru the hassle.
The used market seems pretty hot but so does the new one given the low supply.
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They move together because of demand and supply. Carvana and Carmax are having a hard time since the car companies are sending fewer leased cars to the auction and selling them as CPO. Any reason you don’t want to buy it? How often do you have positive equity in a car? Remember right now the car belongs to BMWFS, unless you can buy it, the profit is all theirs…not yours.
BMW by removing some options in 2021 actually increased the value of their used cars with options not available now.