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Please, i am in need of some advice.
I have a pristine 2017 Tiguan Limited L with 23,500 miles on it and a residual lease buyout of $11,300.
My ID4 1st has arrived and I know the dealer and VW Credit would like me to hand them the keys of my Tiguan and drive away with my new ID4 in a lease.
What is gnawing at me is the Kelley Blue Book value shows a trade of $15,424 and a trade-in-range of $14,441 - $16,406.
This same Tiguan is selling at CarMax, Carvana etc for between $16,500 - $18,500.
Can I buy out my Tiguan and then trade it in to the dealership and use the ~$4,000 to bring the price down on the ID4?
or is that to much paperwork and hassle?
Lastly, Edmunds is weird and shows a trade-in of only $11,520, I double checked with KBB and those numbers above were definitely trade-in value and not used car value.
advice?
marc
I have a pristine 2017 Tiguan Limited L with 23,500 miles on it and a residual lease buyout of $11,300.
My ID4 1st has arrived and I know the dealer and VW Credit would like me to hand them the keys of my Tiguan and drive away with my new ID4 in a lease.
What is gnawing at me is the Kelley Blue Book value shows a trade of $15,424 and a trade-in-range of $14,441 - $16,406.
This same Tiguan is selling at CarMax, Carvana etc for between $16,500 - $18,500.
Can I buy out my Tiguan and then trade it in to the dealership and use the ~$4,000 to bring the price down on the ID4?
or is that to much paperwork and hassle?
Lastly, Edmunds is weird and shows a trade-in of only $11,520, I double checked with KBB and those numbers above were definitely trade-in value and not used car value.
advice?
marc