G35 Coupe V35 2003 - 07 Discussion about the 1st Generation V35 G35 Coupe

2 Leasing Questions

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Old Feb 8, 2007 | 01:15 PM
  #16  
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Originally Posted by BignBlack
Just to clarify, I am not worried about the payment amount, I am not hurting over it, but that would allow me to have more drinking money. I just wanted to loose my negative equity the quickest way possible... The reason there is so much, is I traded in my 07 eclipse spyder. And this was the 3rd new car for the year. Also was thinking about a house so thats why my credit went down. But having the eclipse was not that great and I am 23 so I have some learning to do with the car buying experience.
If you weren't worried about the payment, you should have taken care of paying off the monies owed on the other car(s) and not gotten yourself into this mess in the first place.

If you're bragging... we're not buying it.

John
 
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Old Feb 8, 2007 | 01:18 PM
  #17  
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So kind John, all I was saying is that I am in a situation that I am ok with, but I was just wondering if there was a way out of my car after a year. That was the only question I asked. I was just commenting on comments made. And it was not me bragging, it was me explaining why I went to buy this car and didnt have the credit score I thought I did.
 

Last edited by BignBlack; Feb 8, 2007 at 01:25 PM.
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Old Feb 8, 2007 | 02:44 PM
  #18  
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nothing you can do, read your lease. If it says you can trade in or return afte r12 do it, but i have a feeling you will have to pay a lumpsum to them.
Honestly it sounds like you dont have financial know how, oh well your wallet not mine
 
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Old Feb 8, 2007 | 03:36 PM
  #19  
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Your going to end up paying like close to 4k in lease termination penalties..Your options are pay it and call your losses or just buy the car out cuz your paying like 65-70 percent of the value anyway..Good luck. It doesn't hurt to go negogiate at the dealer but this is a tough one.


-Vin
 
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Old Feb 8, 2007 | 04:18 PM
  #20  
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Hey, so if I decided to buy out the car right now do I pay the leasing price of 42K?
 
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Old Feb 8, 2007 | 05:56 PM
  #21  
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Originally Posted by BignBlack
Hey, so if I decided to buy out the car right now do I pay the leasing price of 42K?
If your dealer will work with you? They can call up Infiniti Financial and
state they are buying this car from you for resale. They will receive a
lower price then your contract.

Then you can purchase/ refinance. If they do this? You could easily save
$5-K

Been there done that//saw the movie
 
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Old Feb 8, 2007 | 06:45 PM
  #22  
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Thank you I greatly appriciate that, and do I have to go to my Infiniti dealership?
 
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Old Feb 8, 2007 | 09:01 PM
  #23  
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Here is yet another thread with someone asking us how they can get out of a lease we haven't seen. The answer is in the lease. READ IT.
 
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Old Feb 8, 2007 | 10:09 PM
  #24  
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Did you even take the time to read the post...doesnt seem like it... but thanx for playing the game.
 
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Old Feb 9, 2007 | 02:11 AM
  #25  
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Originally Posted by BignBlack
Like a $2k penalty or alot more than that even?
The penalty for early termination fee is the current value(usually is the trade-in value) of your car minus the amount you still owe plus a set fee of 395~ish, the set fee could be higher, it will depends on your leasing company, since your current loan/lease contains roll over amount from your previous loan so it could be way more than 2k, I would call up your leasing company and ask them what is your "paid off" amount and look KBB to determine current value of your car and that will give you better idea of how much you are upside down.

There isnt an easy way to lower your payment cus the roll over amount from your former loan(s), which it will stick with you from loan to loan, unlike if you got high interest rate, you could refinance it later with lower rate which will reduce the monthly payment.
 
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