This is interesting because in this market lots of lessees are looking to have Carvana and Driveway etc buy out their leases and BMW has cracked down on this. But in this suit the Toyota dealer was buying out the lease and giving equity to the buyer. I thought a lease was just a rental from a bank and you had no ownership interests in the car. So I don’t know how successful this suit would be. Buyer should have bought out the X3 for 27k then it’s his car to sell. Interesting follow though
|