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Old 11-27-2012, 06:48 AM
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Chris90 Chris90 is offline
Officially Welcomed to the 'Fest
Location: Massachusetts
 
Join Date: Apr 2003
Posts: 13,795
Mein Auto: '04 330i
Quote:
Originally Posted by boltjaM3s View Post
The buyer is out of pocket $50,000 for the car + 4,500 for repairs or $54,500. He sells the car for $3,000. He's spent $51,500 and has no car.

The leaser is out of pocket $64,680 and has no car.
There you go again, comparing your lease at probably $45k vs a $50k car.

The cash buyer could buy your car for $45k easily. Use that number, and $6k residual, so he has spent $43,500. You spent $64,680. He saved $21,000.
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