computerman3333
Active member
My lease expired three months ago an I have been paying month-to month ever since (2013 Passat TDI SE, Black, flawless, 48K miles). My original residual was $15,380 but has now decreased by $305 per month. This is a cheap car to buy off lease now as it's like $14,465 plus tax.
Options:
1. Turn it it anytime and receive $3,200
2. Buy it and wait for fix and then receive $3,200
3. Buy it and if there is no fix collect close to $23,000 as a buyback.
(I do believe that i will become an owner and entitles to that if there is no fix after close to 2 years)
This is such a gamble. I just don't know the chance of their not being a fix. I would only choose option 3 for the hopes of no fix as I'm ready to get a new car now. If there is a fix, i would collect the $3,200 then sell but have no idea what the value is now or will be.
What would you all do? Any advice?
Options:
1. Turn it it anytime and receive $3,200
2. Buy it and wait for fix and then receive $3,200
3. Buy it and if there is no fix collect close to $23,000 as a buyback.
(I do believe that i will become an owner and entitles to that if there is no fix after close to 2 years)
This is such a gamble. I just don't know the chance of their not being a fix. I would only choose option 3 for the hopes of no fix as I'm ready to get a new car now. If there is a fix, i would collect the $3,200 then sell but have no idea what the value is now or will be.
What would you all do? Any advice?
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