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Lease questions

24GTBadlands

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Ok, good to know! I was thinking that I should sell to Carvana about 2 weeks before I'm ready to buy, but looks like I should see what they'll pay on the trade before doing that. I've sold two cars to Carvana in the last few years and it's usually a week+ turn around time. I don't want to wait a day longer than I have to lol.
I would get a quote from Carvana and Givemethevin.com and then take them with you to the dealer, might just save you some money and a lot less hassle. And I agree I hate waiting.. Instant satisfaction for me is what i go with. 😁
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24GTBadlands

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Also, they don't like to give it up but ask for the lease-end-value, what you're paying for is in between, and my bronco is also leased.

I got my 24 in september 25, and I used the dealers website and ford's website to help with the negotiations. Dude walked out with some 700 dollar payment, and I whipped out my Mac and pointed to the ford and dealer expected lease price with discounts etc, they had dropped some 15-20 customer cash on this thing.

I told him, I don't want to pay for 2025 pricing, If I wanted to I would go down the street from my house and get a 2025, not your 2024 thats been on the showroom for 8-12 months. sent him back to his manager after showing him that and like magic I had a 500 ish payment.
 
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T800

T800

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I would get a quote from Carvana and Givemethevin.com and then take them with you to the dealer, might just save you some money and a lot less hassle. And I agree I hate waiting.. Instant satisfaction for me is what i go with. 😁
I already got one from Carvana. I'll checkout Givemethevin.

I saw a site on FB that I hadn't heard of, it's Bidbus. Essentially they auction it off, but you can set a reserve. Mixed feelings on that, might pass.

Also, they don't like to give it up but ask for the lease-end-value, what you're paying for is in between, and my bronco is also leased.

I got my 24 in september 25, and I used the dealers website and ford's website to help with the negotiations. Dude walked out with some 700 dollar payment, and I whipped out my Mac and pointed to the ford and dealer expected lease price with discounts etc, they had dropped some 15-20 customer cash on this thing.

I told him, I don't want to pay for 2025 pricing, If I wanted to I would go down the street from my house and get a 2025, not your 2024 thats been on the showroom for 8-12 months. sent him back to his manager after showing him that and like magic I had a 500 ish payment.
I'll try to get them to tell me the lease-end-value. Looks like what I want is pretty easy to find: '26 Desert Tan OBX with SAS. So I'll contact a few of them and see which one can give a better deal.

Vs. 2025 Azure Gray Badlands. I like the color, but not as many of them left. So may not be able to get as good of a deal.
 
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T800

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Ok I had a good reply, but I read it and it was s#1t, so I had Grok just explain it, but it's about trading in the car versus selling to someone else, there are tax benefits to treading it in at the selling dealer, and here's how he revised my point.


Quick tip on trading in vs. selling to Carvana:If your state allows a trade-in tax credit (most do), trading your car at the dealer can save you a decent chunk on sales tax.Example:
  • New Bronco costs $60,000 (before taxes/fees).
  • Your trade-in is worth $25,000.
If you trade it in:
  • Dealer subtracts the $25k from the price.
  • You only pay sales tax on the remaining $35,000.
If you sell to Carvana first:
  • You get the $25k cash.
  • You pay sales tax on the full $60,000.
  • Then you use the $25k toward the new car.
That tax difference can easily be $1,000–$2,000+ depending on your state’s tax rate. So even if the dealer’s trade-in offer is $800 lower than Carvana, you might still come out ahead (or close to even) after taxes.

Hope that helps in your Quest.

Sent this info to my wife. Apparently since we're in CA, they don't give a tax break for a trade.

Her reply:
You pay sales tax on total price of the purchase. Even to the point of paying the rate connected to your home address not the tax rate of the location of the dealer. Trust that CA, who has the highest taxes in the country, is ensuring that they get all the taxes they can with no breaks.

That figures lol.
 
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T800

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Put down a deposit today on this OBX SAS Avalance Gray. Pick it up later this week. Very happy! I prefer the all black wheels, but there weren't any close by that didn't have Lux.

Ended up buying it because the lease payment wasn't low enough to justify.

Did not get one with Lux because figure I will replace the speakers anyway.


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Hanner1616

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What was the difference in pmt lease vs purchase?
 

crzyhawk

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Put down a deposit today on this OBX SAS Avalance Gray. Pick it up later this week. Very happy! I prefer the all black wheels, but there weren't any close by that didn't have Lux.

Ended up buying it because the lease payment wasn't low enough to justify.

Did not get one with Lux because figure I will replace the speakers anyway.


BroncoS.webp
you can probably pull the beauty rings off for the all black look. Or powdercoat the beauty rings black
 

VirginiaHeritage

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I guess if it’s a lease you don’t really need to be too concerned about MIC top problems long term. Might be a better deal to be had on one of those.
 
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What was the difference in pmt lease vs purchase?
They wanted over $800 for lease. Closer to $1000 for purchase (depending on months financed, etc).

My wife was liking the idea that I wasn't going to be able to modify it. I was liking the idea of taking 3 years to decide if I was going to keep it. Then when discussing the numbers, she instantly shifted to buying.

I am curious if leasing a Jeep would've been different since I assume they depreciate faster.
 

Hanner1616

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They wanted over $800 for lease. Closer to $1000 for purchase (depending on months financed, etc).

My wife was liking the idea that I wasn't going to be able to modify it. I was liking the idea of taking 3 years to decide if I was going to keep it. Then when discussing the numbers, she instantly shifted to buying.

I am curious if leasing a Jeep would've been different since I assume they depreciate faster.
Assuming your otd price was in the 60’s? I’m looking at the same OBX SAS LUX and I’m seeing MSRP in the 63-65k+

Adding - curious what otd price yields 800 pmt to lease (this is me getting ready for 6 months from now for me)
 
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zyglyrox

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Put down a deposit today on this OBX SAS Avalance Gray. Pick it up later this week. Very happy! I prefer the all black wheels, but there weren't any close by that didn't have Lux.

Ended up buying it because the lease payment wasn't low enough to justify.

Did not get one with Lux because figure I will replace the speakers anyway.


BroncoS.webp

Congrats on the purchase! :)

Didn’t realize they took away painted door handles for the OBX trim though 🤔
 

24GTBadlands

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They wanted over $800 for lease. Closer to $1000 for purchase (depending on months financed, etc).

My wife was liking the idea that I wasn't going to be able to modify it. I was liking the idea of taking 3 years to decide if I was going to keep it. Then when discussing the numbers, she instantly shifted to buying.

I am curious if leasing a Jeep would've been different since I assume they depreciate faster.
You can modify a lease. especially because you may end up trading it in, if it's worth more than the LEV (Lease End Value).

I had a 2013 Hemi Charger AWD, the mufflers and resonators had to go. I never turned it back in, I traded it in. :) Sounded way better too.
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