A Rare U.S. Bank Lease Buyout, Followed by Sale: $10,000 in Equity!

Trending Stories highlight deals shared by the community and other popular topics that are being discussed on Leasehackr Forum.

Today’s post:

The lease on my 2018 Dodge Challenger is up in June so I thought I’d capitalize on this ridiculous car market rather than lose out on some equity. The transaction is just about complete and the vehicle will be picked up this week. A few details below.

U.S. Bank Payoff (Sales Tax Included): $33,974.17
ALGo agreed offer - $44,200.00

Other Fees:
Auto Loan Interest (BofA): $105.46
ALGo Administration Fee: $95
Vehicle Registration Fee: $75

Net: $9,949.93

For comparison, I also received the below offers:

GIVEMETHEVIN - $44,000.00
VROOM - $43,363.00
CARVANA - $40,072.00

View the entire discussion of this Trending topic here.

TrendingLeasehackr