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Lease Exchange Question!!!!!!

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Old Oct 4, 2007 | 01:32 AM
  #1  
**Canadian_G**'s Avatar
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Lease Exchange Question!!!!!!

Say for example you bought a Infinti M last month and you don't like it for some reason and you want to get a G37 coupe, is it possible to swap without paying any heavy differential charges?????

Can this be done?????
 
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Old Oct 4, 2007 | 07:13 AM
  #2  
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Oh boy..... where to start....
1st ... dealer or independent lease Co.

First off the M is a much slower moving product than the G37, so the dealer won't be happy about taking one back.

Also, it doesn't really matter if it's 1day or 1 month....
as soon as it rolls off the lot, the initial depreciation kicks in.

Was there $ down or zero down?

A lease is upside down (worth less than buy out) until the last 6 months of the term.

I hate to say it, but the short version of a looooong story.......
it's REALLY going to cost you to change now.
 
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Old Oct 4, 2007 | 10:03 AM
  #3  
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From: Trolling a forum near u.... (T.O.)
Originally Posted by inTgr8r
Oh boy..... where to start....
1st ... dealer or independent lease Co.

First off the M is a much slower moving product than the G37, so the dealer won't be happy about taking one back.

Also, it doesn't really matter if it's 1day or 1 month....
as soon as it rolls off the lot, the initial depreciation kicks in.

Was there $ down or zero down?

A lease is upside down (worth less than buy out) until the last 6 months of the term.

I hate to say it, but the short version of a looooong story.......
it's REALLY going to cost you to change now.
nicely put...

gl to the op
 
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Old Oct 4, 2007 | 10:56 AM
  #4  
RBull's Avatar
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From: Nova Scotia, Canada
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Originally Posted by inTgr8r
Oh boy..... where to start....
1st ... dealer or independent lease Co.

First off the M is a much slower moving product than the G37, so the dealer won't be happy about taking one back.

Also, it doesn't really matter if it's 1day or 1 month....
as soon as it rolls off the lot, the initial depreciation kicks in.

Was there $ down or zero down?

A lease is upside down (worth less than buy out) until the last 6 months of the term.

I hate to say it, but the short version of a looooong story.......
it's REALLY going to cost you to change now.
Spot on. Simple answer - any change with a vehicle right after purchasing or leasing is big dollars out the window. Depreciation has taken place and there are always costs to selling or trying to amend a lease.
 
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Old Oct 4, 2007 | 08:12 PM
  #5  
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From: Kitchener
You might try Leasebusters or some such organization. They will try to hook you up with someone who will take over your lease by reaching a deal with you. New guy gets a break and you loose less.
GL
 
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