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Discussion Starter · #1 ·
Just wondering, if I have the VIN from my expired lease, is there an easy way to find it and see what it's being offered for?
 

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Have you asked the dealer to whom you delivered the vehicle whether they, by any chance, acquired the vehicle from the leasing company? Have you tried Googling the VIN number? Have you asked the leasing company whether they can provide you with the name of the company who acquired the vehicle from them? Have you asked the dealer from whom you purchased your wife's car whether they can help you find it . . . this avenue is probably only worth pursuing if you have a possible interest in acquiring . . . not if you are just curious.
 

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Just wondering, if I have the VIN from my expired lease, is there an easy way to find it and see what it's being offered for?
When I turned in my leased Gen 1, I just googled the VIN. After about 2 weeks, it popped up for sale at a dealership about 200 miles away. They were asking about $10,000 less than what Ally wanted for me to keep it.
 

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When I turned in my leased Gen 1, I just googled the VIN. After about 2 weeks, it popped up for sale at a dealership about 200 miles away. They were asking about $10,000 less than what Ally wanted for me to keep it.
I'm sure similar stories exist with leasing and could be a great way for people to buy out the car they've had (and know the history/maintenance) at extreme savings. I've never leased before but my first EV will very likely be a lease just because more great choices will/should be available within a few years. With any luck, the DCFC charging infrastructure will also be more readily available in the Midwest.

Joe
 

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Discussion Starter · #7 ·
When I turned in my leased Gen 1, I just googled the VIN. After about 2 weeks, it popped up for sale at a dealership about 200 miles away. They were asking about $10,000 less than what Ally wanted for me to keep it.
Exactly what I'm thinking.

I tried to negotiate with Ally but they weren't interested. So I miss my Gen I and wondering if I can snag it back for a significant savings.
 

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I would definitely do a google search with the VIN. If it's posted for sale on a lot, it should show up as long as the lot keeps its website updated. It would be interesting to find out how much the asking price is. If you really want the car back, and the price is attractive, definitely go for it.
 

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Just google the vin. If it is for sale then it will pop up. I did that on mine that I turned in on Jan 2 in Clarkston Michigan and found in in western Ill for sale.
 

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Just keep Googling the VIN. I did it with my Focus. I got $7,000 for it in trade. The dealer listed for sale at $13,000. After about 6 months it was no longer listed for sale. A month later I get a Carfax update that the car was serviced. I Googled again and saw that it had been listed at another dealer for just over $6,000. It was good to see that my dealer lost money on my deal.😁

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Just keep Googling the VIN. I did it with my Focus. I got $7,000 for it in trade. The dealer listed for sale at $13,000. After about 6 months it was no longer listed for sale. A month later I get a Carfax update that the car was serviced. I Googled again and saw that it had been listed at another dealer for just over $6,000. It was good to see that my dealer lost money on my deal.😁

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Technically in your situation your Chevy dealership sold your vehicle to Ally, Ally "rents" the vehicle to you...When the lease ends and you turn your vehicle into a dealership they're simply providing an evaluation on behalf of Ally...Majority of the time, the dealership, per Allys request, send the vehicles ASAP to auction...If that same dealership has that vehicle for sale on their lot, they purchased it from Ally...It reported the lender has an insurance policy on every leased vehicle hence why if the buy is $20K and resale is $10K they have no problem sending it to auction and cashing in on insurance...What I'm not sure about is if a dealerships wants to buy a turned it leased vehicle from the lender, what price they'd have to pay in relation to the buy out or wholesale...Perhaps the lender can sell to the dealer at wholesale and still cash in on the insurance policy...
 
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