Buy Out Car Lease /Dealer Issue
We goto dealership to let them know that we want to buy out lease next month instead of returning it. They tried to quote me $12K +$2500 "warranty" + $500 "dealer fee". So the total price would be $15K plus tax. I told them why would I need a warranty on a car I currently have had for over 4yrs already and I know there is nothing wrong with the car. They just said the bank requires them to have a warranty. We got up and left after they tried getting slick.
So we called the lender(Ally bank) and they told us the buy out is 12K plus tax which would be around $13K. I will probably get a loan from my bank and not deal with the dealership.
Is this a normal tactic dealerships try to do? They actually tried to act like they owned the car and sell it us at a higher price.