Hello all,
I leased a 2015 SEL that VW replaced with a 2016 SEL with Drivers Asst Package because the 2015 was a lemon. The 2016 has been perfect. Anyway, they didn't change the terms of my lease so the car should have a much higher value than if it were a 2015 without the DA package. I will owe about $14.5k when I return it. My question is, should I return it and pay the $350 fee or buy it and try to flip it for a small profit?
If I could make a $2-3k off it, I would buy it out but I'm not sure if there will be any demand for it with all these cars coming out with a much further range. My lease ends 12/27 and my new Model 3 should be arriving in late December or early January (I configured it on 12/7 and they said 4 weeks until delivery).
What are your thoughts?
I leased a 2015 SEL that VW replaced with a 2016 SEL with Drivers Asst Package because the 2015 was a lemon. The 2016 has been perfect. Anyway, they didn't change the terms of my lease so the car should have a much higher value than if it were a 2015 without the DA package. I will owe about $14.5k when I return it. My question is, should I return it and pay the $350 fee or buy it and try to flip it for a small profit?
If I could make a $2-3k off it, I would buy it out but I'm not sure if there will be any demand for it with all these cars coming out with a much further range. My lease ends 12/27 and my new Model 3 should be arriving in late December or early January (I configured it on 12/7 and they said 4 weeks until delivery).
What are your thoughts?