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Trading in a lease

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Old May 13, 2006 | 10:07 AM
  #16  
da mayor's Avatar
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yes i can get you into a '07 Sedan when it does come out.

here is my info:

Kenny Chan
Sales & Leasing Consultant
Infiniti of Massapequa
e-mail: kennyatinfiniti@aol.com
516-797-5200 ext. 28
 
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Old May 13, 2006 | 01:02 PM
  #17  
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i would just love to get into a new coupe now without paying any fees too lol
 
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Old May 13, 2006 | 03:28 PM
  #18  
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From: testing testing...123
Originally Posted by cruiseluva62886
i would just love to get into a new coupe now without paying any fees too lol
It's not that you will be paying any fees, rather you will have some negative equity from your Sedan for trading too early.
 
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Old May 13, 2006 | 07:24 PM
  #19  
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right but that negative equity has to come from someone and that someone is me
 
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Old May 14, 2006 | 02:41 PM
  #20  
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we will see how much negative equity is in there. or maybe i can find someone to take over the lease. there are a number of possibilities.
 
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Old May 15, 2006 | 02:30 AM
  #21  
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You can call the IFS number and the automated service will give you your pay off amount. Good luck with it.. my pay off amount is around $31K and the trade-in according to Edmunds is about $27.5K and I have a fully loaded '05 X with navi and 17K miles. Way to go on resale Infiniti.
 
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Old May 16, 2006 | 03:05 PM
  #22  
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From: O'fallon, MO
Originally Posted by cruiseluva62886
hey guys i was wondering if anyone knew exactly what costs I would incur if I were to trade in my lease early?
Just traded my leased coupe at a Toyota dealer. Dealer gave me $23k. My payoff was $19k, so I put the extra 4K down on the new car. No penalties, just paid my remaining payments and the residual buy price.
 
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Old May 16, 2006 | 07:40 PM
  #23  
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Originally Posted by onin24eagle
Just traded my leased coupe at a Toyota dealer. Dealer gave me $23k. My payoff was $19k, so I put the extra 4K down on the new car. No penalties, just paid my remaining payments and the residual buy price.
Just to add to that, the remaining leasing payment doesnt include the interest rate and sale's tax if any.
 
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Old May 17, 2006 | 10:21 AM
  #24  
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Originally Posted by limeg35
Just to add to that, the remaining leasing payment doesnt include the interest rate and sale's tax if any.

well the payoff is the amount that the bank needs to clear him out of his toyota.
 
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Old May 17, 2006 | 12:28 PM
  #25  
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Originally Posted by da mayor
well the payoff is the amount that the bank needs to clear him out of his toyota.
You mean to clear me out of my G35 as I was buying the Toyota.
 
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Old May 17, 2006 | 01:39 PM
  #26  
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What kind of Toyota did you get?
 
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Old May 17, 2006 | 07:18 PM
  #27  
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Originally Posted by da mayor
well the payoff is the amount that the bank needs to clear him out of his toyota.
Ummmm...Huh? ...are we talking about the payoff for his leased trade-in or his new contract?
 
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Old May 18, 2006 | 02:06 PM
  #28  
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From: O'fallon, MO
Originally Posted by JGFox
What kind of Toyota did you get?
Tacoma X-runner.
 
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