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      11-26-2020, 12:24 PM   #8
jamesinaz
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Drives: 2013 X3 2017 540i
Join Date: Feb 2020
Location: Arizona

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Quote:
Originally Posted by BMWCCA1 View Post
You're gonna get killed, face it.

I'd suggest spending ten-minutes at a Carmax to get an actual cash offer on it before you try trading it to cut your payment in half. Ha! What are you planning on buying, a used X1? Not only will you build no equity, you likely have a huge negative equity following you around now that may actually be better handled by adding it to another lease. It may or may not offer a lower payment than your current finance payment but at least it will pay off your negative at the end of the term without worrying about the end value. Your Cayenne will continue to depreciate more rapidly than your ability to pay off the principle.
Actually I could easily cut my payment in half getting a new X5 if I leased a leftover 2020. I am currently buying a car on a 5 year loan that costs $10-20k more than a decent X5.

And yeah I got it that I might take a hit. If it is just $5-10K might be worth it.
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