F30POST
F30POST
2012-2015 BMW 3-Series and 4-Series Forum
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BMW 3-Series and 4-Series Forum (F30 / F32) | F30POST > 2012-2019 BMW 3 and 4-Series Forums > Regional Forums > CANADA > Need helps on a decision!
proTUNING Freaks
Post Reply
 
Thread Tools Search this Thread
      03-16-2013, 10:16 AM   #1
benbenwin
Private
1
Rep
92
Posts

Drives: 2009 Acura TSX
Join Date: Sep 2012
Location: Canada

iTrader: (0)

Need helps on a decision!

My lease of 09 acura TSX will be ended in late July, it only has less than 47000km on it so far, and the buy back is 15390+12%tax. It got hail damages just after 1 week I bought, but fortunately it was repaired (over 3500 bucks, I paid deductible though) without ant paint damage.

I am planning to lease a f31 for our next car, but have not decided whether I should buy the TSX out first then trade it in (or sell it privately), or just return it to the dealer when the lease is mature?
Any comments/suggestions would be appreciated!
Thanks.
Appreciate 0
      03-16-2013, 10:28 AM   #2
kromix
Major
kromix's Avatar
United_States
175
Rep
1,130
Posts

Drives: '16 340i AW MSport
Join Date: Jun 2011
Location: Miami, FL

iTrader: (0)

Garage List
2016 340i (F30)  [0.00]
Try Carmax?

I did with an Acura TL and they took the car and cut me a $2k check.
Appreciate 0
      03-16-2013, 10:59 AM   #3
benbenwin
Private
1
Rep
92
Posts

Drives: 2009 Acura TSX
Join Date: Sep 2012
Location: Canada

iTrader: (0)

Quote:
Originally Posted by kromix
Try Carmax?

I did with an Acura TL and they took the car and cut me a $2k check.
Thanks for the comments!
What does Carmax do? Take used cars? Give more than buyout?
Appreciate 0
      03-16-2013, 02:58 PM   #4
Chris@codemybimmer
BimmerPost Supporting Vendor
Chris@codemybimmer's Avatar
Canada
115
Rep
1,398
Posts


Drives: AW F30 328i Xdrive
Join Date: Jan 2012
Location: Toronto

iTrader: (1)

I would just return the car.
15k to buyback is probably more than what the dealer will pay you for that car anyways
Appreciate 0
      03-16-2013, 03:28 PM   #5
kromix
Major
kromix's Avatar
United_States
175
Rep
1,130
Posts

Drives: '16 340i AW MSport
Join Date: Jun 2011
Location: Miami, FL

iTrader: (0)

Garage List
2016 340i (F30)  [0.00]
Quote:
Originally Posted by benbenwin View Post
Thanks for the comments!
What does Carmax do? Take used cars? Give more than buyout?
Carmax is in the business of used cars, so they appraise your car (20 mins) and give you a payoff amount good for I believe 5 or 7 days.

They can then call Honda Financial (if thats your financier) and see if the amount they are offering you is greater or equal to your payoff.

If it is they take the car cut Honda Financial a check and cut you a check for the difference. Or if you are lets say under $500, and lease disposition is $250 + wear and tear, it's probably still cheaper to give the car to carmax and give them $500.

I take all my end of lease cars to Carmax just to see if its cheaper than lease turn in...

Only my Acura TL had positive equity and made me $2,000 at end of lease versus turning in to Acura and paying associated fees.
Appreciate 0
      03-18-2013, 04:57 PM   #6
homieG
Captain
homieG's Avatar
Canada
25
Rep
884
Posts

Drives: F
Join Date: Sep 2009
Location: T.O.

iTrader: (5)

return the car and save yourself the headache!
Appreciate 0
      03-20-2013, 04:33 PM   #7
TObimmer
Private
Canada
7
Rep
59
Posts

Drives: 2013 335i
Join Date: Oct 2012
Location: Toronto

iTrader: (0)

Hey Ben,

Still have our preowned manager look at it but cars are rarely worth the buyout (unless it is rare or in high demand with low miles).

thx

Steve
Appreciate 0
      03-20-2013, 04:44 PM   #8
benbenwin
Private
1
Rep
92
Posts

Drives: 2009 Acura TSX
Join Date: Sep 2012
Location: Canada

iTrader: (0)

Thanks for your inputs.
I might just buy it out as our 2nd car since eventually we will need two cars...
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 01:25 AM.




f30post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST