Hey guys, her is my situation.

I lease an 07G35s. Currently it has 13,000 miles on it and it is 11 months old. It's pretty dam mint. Anywho it's a lease, with a monthly payment of 515. For 24months, 18,000 miles a year. I put around 7,000 down.

Lately I have been getting the feeling that I am wasting my money. I mean I can afford it, I have low bills and a good job but I don't need it. How much would it cost to get out of the lease? How much would I lose? I know I'll take a hit, but I did put a lot down so will that help or hurt?

 

None of us will know how much you are going to lose, its about how much you still owe and how much the car is worth, best thing to do is call up you leasing company ask for "payoff" amount and then call few dealerships and see how much they are willing to offer you for it, probably somewhere below normal trade-in value...Since you put quite a bit of down payment? you shouldnt be owing much if any at all.

Beside just turn it in early? try to sell it on your own, or if you are looking to get into another car? could just trade it in, either of those will be much better(less money lost) than just return it early.

 

You'll waste more money trying to get out of the lease than you will to just finish out the term of the lease and then returning it. If you turn it in early you're going to spend $$ to get out of it and have nothing to show for it in the end. Ride out the term of the lease and get at least some benefit from all the money you've spent.

 

You can put the lease up on swapalease.com and I am sure you will get out of it quickly. You will loose your downpayment(That is why your lease will be attractive) but you will not have to pay anything extra.

 

Where are you located? I'm looking to lease a 07 G35 Sport sedan. I'm in Houston.
Jeff