Quote:
Originally Posted by BMWCCA1
I'd be very surprised if either of them actually cut you a check for a car for which you can't produce a title.
You obviously think you have equity over your contracted residual but if Carmax has to pay it off for you, their buy price might be more than yours or your dealers.
Let us know what you find.
|
It's done all the time on leases. Bank holds the title and the are on the registration as well as I. They pay off the lease and cut you a check for the difference.
I did the online appraisal, and it was more, so hopefully they don't change their mind when I drop it off! Going tonight, will report back.