A Rare U.S. Bank Lease Buyout, Followed by Sale: $10,000 in Equity!
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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 - $44,200.00Other Fees:
Auto Loan Interest (BofA): $105.46
ALGo Administration Fee: $95
Vehicle Registration Fee: $75Net: $9,949.93
For comparison, I also received the below offers:
GIVEMETHEVIN - $44,000.00
VROOM - $43,363.00
CARVANA - $40,072.00