Baltneu
Posts: 296
Joined: Sun Oct 07, 2018 8:54 pm
Delivery Date: 06 Oct 2018
Leaf Number: 313633

Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 4:24 am

SageBrush wrote:
Wed Apr 21, 2021 4:15 am
Baltneu wrote:
Wed Apr 21, 2021 1:05 am
I Tesla Model is due for delivery early May, can’t wait!!!
Nice!

I thought you had decided on a PHEV
Never considered a PHEV
2018 Gun Metallic Gray, SL, Technology Package, etc.

LeftieBiker
Moderator
Posts: 16931
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 5:00 am

It sure is enticing to walk away with a check, I did. But coughing up $300 is not a big deal when you look at the total picture. I am no lawyer but not disclosing I guess is called Fraud. In your lease agreement it says that if you do buy the car from the thief dealers, you have to pay Nissan Finance a $300 processing fee, so you could consider it a wash. Also at lease termination if you turn the car back, you have the disposition fee, I can’t remember the exact amount but I think it was in the neighborhood of $375-$475. So if you want out early from the lease and move to a new car, then I think paying the $300 is a small situation and weigh it against the other expenses I noted above. I am not 100% sure but I think that Carmax does not pay the $300 fee to buy the car, they just pay the payoff amount so you do not pay the $300 robbery fee.
First, I'm not looking to terminate a lease early. My lease ends in 7 days. I extended it for 3 months if I like, but the actual lease is ending. We may buy the car ourselves, but that is by no means certain.

Second, I'm not looking to commit fraud. I'm trying to ascertain what Carmax means by "accidents." I can guarantee that they don't disclose parking lot fender benders that don't show up in vehicle history reports to prospective buyers. I think I'm going to tell them about the door getting hit and being replaced - with them looking at the virtually pristine-looking car. If they want to pay me $700 instead of $1212.00, I'll take it. If they don't want the car I'll turn it in.

Last, I have no idea what you mean by saying that paying $300 to turn the car in, rather than getting paid for it, is "a wash."
Brilliant Silver 2021 Leaf SV40 W/ Pro Pilot & Protection
2009 Vectrix VX-1 W/18 Leaf modules, & 2 lithium E-bicycles.
BAFX OBDII Dongle
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

SageBrush
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Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 6:49 am

LeftieBiker wrote:
Wed Apr 21, 2021 5:00 am
Second, I'm not looking to commit fraud. I'm trying to ascertain what Carmax means by "accidents." I can guarantee that they don't disclose parking lot fender benders that don't show up in vehicle history reports to prospective buyers.
Try applying the Golden rule. It often helps people avoid rationalizing away poor ethical judgement.
2013 LEAF 'S' Model with QC & rear-view camera
Bought Jan 2017 from N. California
Two years in Colorado, now in NM
03/18: 58 Ahr, 28k miles
11/18: 56.16 Ahr, 30k miles
09/20: 54.3 Ahr; 38k miles
-----
2018 Tesla Model 3 LR, Delivered 6/2018

LeftieBiker
Moderator
Posts: 16931
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 12:16 pm

I give up. Reference Stephen Wright's joke about having all his stuff stolen, and replaced with identical stuff.
Brilliant Silver 2021 Leaf SV40 W/ Pro Pilot & Protection
2009 Vectrix VX-1 W/18 Leaf modules, & 2 lithium E-bicycles.
BAFX OBDII Dongle
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

Baltneu
Posts: 296
Joined: Sun Oct 07, 2018 8:54 pm
Delivery Date: 06 Oct 2018
Leaf Number: 313633

Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 3:02 pm

LeftieBiker wrote:
Wed Apr 21, 2021 5:00 am
It sure is enticing to walk away with a check, I did. But coughing up $300 is not a big deal when you look at the total picture. I am no lawyer but not disclosing I guess is called Fraud. In your lease agreement it says that if you do buy the car from the thief dealers, you have to pay Nissan Finance a $300 processing fee, so you could consider it a wash. Also at lease termination if you turn the car back, you have the disposition fee, I can’t remember the exact amount but I think it was in the neighborhood of $375-$475. So if you want out early from the lease and move to a new car, then I think paying the $300 is a small situation and weigh it against the other expenses I noted above. I am not 100% sure but I think that Carmax does not pay the $300 fee to buy the car, they just pay the payoff amount so you do not pay the $300 robbery fee.
First, I'm not looking to terminate a lease early. My lease ends in 7 days. I extended it for 3 months if I like, but the actual lease is ending. We may buy the car ourselves, but that is by no means certain.

Second, I'm not looking to commit fraud. I'm trying to ascertain what Carmax means by "accidents." I can guarantee that they don't disclose parking lot fender benders that don't show up in vehicle history reports to prospective buyers. I think I'm going to tell them about the door getting hit and being replaced - with them looking at the virtually pristine-looking car. If they want to pay me $700 instead of $1212.00, I'll take it. If they don't want the car I'll turn it in.

Last, I have no idea what you mean by saying that paying $300 to turn the car in, rather than getting paid for it, is "a wash."
In an earlier post you said you had an accident and the door was replaced, I think most would consider that an “accident” not a bumper scratch. Again, no lawyer here, but if you do not report that, then you are concealing information they request. That is certainly up to you to report or not, no judgements here. What I meant about the $300 is that if you buy the car, Nissan Finance charges you $300 for them to do their paperwork, it is in your lease agreement. So if Carmax giving you $300 less, then it washes out. That is all I meant. I don’t know if you got a quote from a Nissan dealer to buy the car, but they pad the hell out of it. Perhaps you have some other considerations, but as far as ease of the transaction, I can assure you from personal experience, CarMax is the way to go. Good luck.
2018 Gun Metallic Gray, SL, Technology Package, etc.

LeftieBiker
Moderator
Posts: 16931
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 6:43 pm

I know that people tend to casually misrepresent what others say, not from malice but from a simple lack of care. I never said that the damage to the door was a "bumper scratch." I did say that the entire steel door was replaced with a new one, leaving no residual damage - just a door that is possibly a little newer or older than the rest of the car.

People also tend to be a little sloppy in their assumptions. I get that I don't want to stick some buyer down the line with a (formerly but not currently) damaged car that they weren't aware of. The problem with this line of thinking is that I am certain, having some experience in the industry, that Carmax won't disclose the "damage" to prospective buyers because it doesn't appear in VIN seaches, thus eliminating that consideration. If I were to stencil a description of the damage on the car with enamel, they would remove it before offering it for sale. So that brings us back to what Carmax defines as an "accident." Being hit while stationary in a parking lot is not generally defined that way - except maybe for the driver doing the hitting. Still, as I have already written (ignoring things in a paragraph that don't support one's argument is also a common human failing), I will be telling them about the damage - as they look at the car. Problem solved. Now I just have to figure how to get my Summer wheels back on the car, and the car inspected by Carmax, within one week. I also need to decide on which Leaf I will be leasing in Scarlet's place.

Oh, and I do have a quote to buy the car. The only "padding" there is the standard $75 doc fee.
Brilliant Silver 2021 Leaf SV40 W/ Pro Pilot & Protection
2009 Vectrix VX-1 W/18 Leaf modules, & 2 lithium E-bicycles.
BAFX OBDII Dongle
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

SageBrush
Forum Supporter
Posts: 6255
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Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 6:52 pm

LeftieBiker wrote:
Wed Apr 21, 2021 6:43 pm
I get that I don't want to stick some buyer down the line with a (formerly but not currently) damaged car that they weren't aware of.
You are assuming that no damage deeper than the replaced door occurred.

You cannot really know, so the Golden rule offers guidance.

As for what CarMax does afterwards, you are probably right but it should not change your ethics.
2013 LEAF 'S' Model with QC & rear-view camera
Bought Jan 2017 from N. California
Two years in Colorado, now in NM
03/18: 58 Ahr, 28k miles
11/18: 56.16 Ahr, 30k miles
09/20: 54.3 Ahr; 38k miles
-----
2018 Tesla Model 3 LR, Delivered 6/2018

LeftieBiker
Moderator
Posts: 16931
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 7:44 pm

As for what CarMax does afterwards, you are probably right but it should not change your ethics.
Ah, to have a penny for every tenth dollar that businesses collect by taking advantage of the (non-reciprocated) ethical stances of liberals. I really can't wait to give up hundreds of dollars that Carmax will then directly pocket.
Brilliant Silver 2021 Leaf SV40 W/ Pro Pilot & Protection
2009 Vectrix VX-1 W/18 Leaf modules, & 2 lithium E-bicycles.
BAFX OBDII Dongle
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

Baltneu
Posts: 296
Joined: Sun Oct 07, 2018 8:54 pm
Delivery Date: 06 Oct 2018
Leaf Number: 313633

Re: Leased Car, selling to CarMax

Wed Apr 21, 2021 8:20 pm

LeftieBiker wrote:
Wed Apr 21, 2021 7:44 pm
As for what CarMax does afterwards, you are probably right but it should not change your ethics.
Ah, to have a penny for every tenth dollar that businesses collect by taking advantage of the (non-reciprocated) ethical stances of liberals. I really can't wait to give up hundreds of dollars that Carmax will then directly pocket.
Sounds like a plan, let us know how it goes.
2018 Gun Metallic Gray, SL, Technology Package, etc.

Flyct
Posts: 428
Joined: Tue Nov 03, 2015 12:04 am
Delivery Date: 05 Dec 2019
Leaf Number: 310009
Location: Bradenton, Florida, US

Re: Leased Car, selling to CarMax

Thu Apr 22, 2021 4:27 am

LeftieBiker wrote:
Thu Apr 01, 2021 3:43 pm
The accident was in a parking lot and may not show up. I'll do a history check soon.
If the door was replaced it’s likely that not only was the door painted but the fender and other door was also blend painted. That will show up with a paint gauge. Every commercial used car buyer uses one of these to check for repairs. I even have one I use when I was buying a car for my daughter when she was in college. https://www.amazon.com/Thickness-Coatin ... 07W3YMM2Z/
2020 Leaf SL Plus (replaced totaled 2019:SL+)
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