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Ally Financial Lease Payoff Fraud!!

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Old Sep 29, 2016 | 04:01 PM
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Ally Financial Lease Payoff Fraud!!

Hello,

Has anyone with Ally Lease tried to trade in their car to a dealer? I have a 2016 Z06 that I want to get rid of.

I'm consigning my car to a local dealer, and I was shocked at what I found out.

I called Ally and told me that my purchase to price of the leased vehicle is $75,825.22.

When the dealer called Ally to verify the amount, they got a quote for $82,000. That's more than $6K difference!!!

I asked them why there is a such a difference. They told me that since the car is leased, they can sell the car to the dealer at a different price. I don't understand how this is legal.

So basically I have to purchase the vehicle first to avoid the $6K of additional payoff. Has anyone deal with this BS before? I read the lease contract front and back, and I don't see this anywhere.
 
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