2 Leasing Questions
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're bragging... we're not buying it.
John
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.
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
Honestly it sounds like you dont have financial know how, oh well your wallet not mine
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
-Vin
Originally Posted by BignBlack
Hey, so if I decided to buy out the car right now do I pay the leasing price of 42K?
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
Originally Posted by BignBlack
Like a $2k penalty or alot more than that even?
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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