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      12-27-2012, 09:07 AM   #1
mjr24
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Drives: M6, SL55, SL500, 750Li X-Drive
Join Date: Mar 2008
Location: Chicago

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Trading in paid off car towards lease....?

How is that handled? Let's say my lease payment was 36 months....$700/month.

So...over the life of the lease, the total paid is $25,200.

Let's say they give you $20k for your trade in.....do they subtract that from the $25,200? Meaning I only have to pay $5200 over 36 months?