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It's really tempting to get into a long... (archive)

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Posted by wayne on September 25, 1998 at 21:30:02:

In Reply to: Deplorable dealings. Being hosed on a Z3 trade-in. posted by TrevP on September 25, 1998 at 08:22:56:

explanation here, but I will refrain. Your not necessarily getting hosed. In fact I'll bet your situation regarding payoff/value is worse than your dealer is telling you. It's highly unlikely that you are only $1000 upside down on your lease after only a year. I won't get into it here, but if you need more info on this, e-mail me.

: Man I'm mad!
: : Here I am with a one-year-old 1.9 Z3 on a lease that I want to trade-in on a 99 E46. The car is in pristine condition, loaded and the dealer is wanting to trade-in my car on a $1000 defecit (less than my buyout). What it means to me is they want to "hose" me so they can sell the E46 with maybe a 2% discount then sell the Z3 with a major markup.
: :
: What is wrong here? I've bought 2 cars from these folks and I keep getting the run around. Thank god I'm talking to another dealer about this. At this point I'd rather give the other dealer the business. Am I whining? No, just totally upset over my dealings and the "resale" value of a 1 year old BMW. I thought things were supposed to be easier?
: :
: Any thoughts? I'm not going to disclose the dealer but I'm in southern Ontario.

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