Quote:
Originally Posted by gg_monogram
hi everyone, newly joined that i couldn't open a new thread yet.
currently i am driving Lexus IS250 and still making payment with $14500 left on my finance with Statefarm. And I want to switch to M340i already.
Im located in NYC, anybody knows can I trade in the car with BMW Dealer and take a new lease? I know my Lexus is worth $19000 still.
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So you have nearly 5k in equity on the Lexus.
Sell it.
Pocket the profit from the lexus sale.
Do a zero down lease on M340 and use that lexus income for MSDs or a vacation.