Quote:
Originally Posted by Powaup
The difference between market value and book value if market value is higher than book value. Thought it would be from 500 to ~2000 bucks
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Unfortunately no. BMW takes the gamble on these subsidized leases. If that car is worth less than their projected residual, they eat that (..
and you walk away without any liability). You beat the house! If the vehicle is worth more than their projected residual, the house wins (..
assuming that you don't sell it private party for a profit).