legandrex Posted December 7, 2008 Share Posted December 7, 2008 Our 06 Tribeca is coming off lease in a few months and we are considering keeping it. Chase is offering us a price to purchase at about $4000 under original residual value. They offered price to purchase at $17,500 and it seems high from what I see comparible vehicles listed on ebay, cars, and autotrader. Has anyone been able to negotiate a lower price than their first offer? I figured it can't hurt to try but I thought it would be good to know if anyone had any experience with Chase. Link to comment Share on other sites More sharing options...
DrCloud Posted December 7, 2008 Share Posted December 7, 2008 If you're in a position to walk away from it (no loss of damage deposit; no mileage penalties due, etc.), then you should figure out what similarly equipped, used 06 Tribecas are going for in your region using, say, Edmonds, and offer Chase wholesale plus a bit more. If it becomes their car, that's the best they'll be able to do. You, of course, will have to pay retail, or so, for a used 06; consequently offering them a bit more than wholesale is win-win for both you and the lender. Whether they'll see it this way is, of course, another matter -- but if you're ready to walk away, you're in control. HPH Link to comment Share on other sites More sharing options...
legandrex Posted December 8, 2008 Author Share Posted December 8, 2008 I called Chase today and they won't negotiate on the buy out number. It is good for 10 days so I am sure it will continue to adjust as we make more lease payments and the market fluctuates. If I can buy another one for significantly less I won't be inclined to keep ours and Chase can deal with it. Link to comment Share on other sites More sharing options...
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