Anyone here buyout their lease?
03-06-2009, 07:00 AM
#3
Former Vendor
Join Date: Dec 2000
Location: San Diego, CA
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Nope..
Returning my car today. Sad to see it go but the buyout just wasn't reasonable. And I thought their $3k gift card was silly as an offer to convince me to buy it.
<img src="http://www.purems.com/products/gal/Audi/img_4445_sized.jpg">
<img src="http://www.purems.com/products/gal/Audi/img_4445_sized.jpg">
03-06-2009, 09:29 AM
#7
AudiWorld Expert
Check with other dealers - my neighbor got a better buyback from Prestige in Denver
than he did from Ed Carroll here in Fort Collins (who did the original lease)
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03-06-2009, 12:53 PM
#10
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2nd and AFS wouldn't budge because it's a closed end agreement.
I told them that I was surprised that they wanted the car back and they basically just said that it's a risk the have to take with leases.
From what I understand AOA reimburses the dealers the cost for the certified warranty. That's why they can sell the car to you certified for the same buyout amount. Beyond that the dealership only gets points for selling the warranty and selling the certified car.
I went in with wholesale auction numbers and couldn't get any adjustments in the price. In fact I quoted the wrong amount for my buyout and had to adjust everything based on the actual when the went to verify it.
From what I understand AOA reimburses the dealers the cost for the certified warranty. That's why they can sell the car to you certified for the same buyout amount. Beyond that the dealership only gets points for selling the warranty and selling the certified car.
I went in with wholesale auction numbers and couldn't get any adjustments in the price. In fact I quoted the wrong amount for my buyout and had to adjust everything based on the actual when the went to verify it.