Lease termination question
The best advice I can give you from all my car buying experience:
A NEW CAR IS NEVER YOURS UNTIL YOU DRIVE IT OFF THE DEALER LOT, EVEN IF YOU'VE SIGNED ALL PAPERWORK.
I have actually been in this situation a couple times where I've signed all the paperwork and then deciding at the last second I didn't want the car. Sure, the dealer will try to scare you into thinking you have to take it and that there's no way out of the contract you just signed, but if you haven't taken delivery of the vehicle yet, they've got nothing on you.
I don't care what they say, if you aren't happy with the deal you got, then walk away.
A NEW CAR IS NEVER YOURS UNTIL YOU DRIVE IT OFF THE DEALER LOT, EVEN IF YOU'VE SIGNED ALL PAPERWORK.
I have actually been in this situation a couple times where I've signed all the paperwork and then deciding at the last second I didn't want the car. Sure, the dealer will try to scare you into thinking you have to take it and that there's no way out of the contract you just signed, but if you haven't taken delivery of the vehicle yet, they've got nothing on you.
I don't care what they say, if you aren't happy with the deal you got, then walk away.
Originally Posted by korn00
Here are the details:
Value of Vehicle - 37600.00 - Window price was 36,800
Rent charge - 2,289.70
Total Gross capitalized cost - 39,134.00
Monthly payments - 560.88 - 36 months
Residual Value - 21,050.10
Value of Vehicle - 37600.00 - Window price was 36,800
Rent charge - 2,289.70
Total Gross capitalized cost - 39,134.00
Monthly payments - 560.88 - 36 months
Residual Value - 21,050.10
*Update* This was also an x model. I went back to the dealer and got the monthly payment down to 505. I was happy so I drove off. Thanks for all the replies from this board...I will be a fequent member here. I had a 04 CTS that I traded in and I have to say I loved my caddie, but I really love this car more. It has everything you could want and the power is awesome.
Thanks
Thanks
Originally Posted by korn00
*Update* This was also an x model. I went back to the dealer and got the monthly payment down to 505. I was happy so I drove off. Thanks for all the replies from this board...I will be a fequent member here. I had a 04 CTS that I traded in and I have to say I loved my caddie, but I really love this car more. It has everything you could want and the power is awesome.
Thanks
Thanks
Originally Posted by korn00
*Update* This was also an x model. I went back to the dealer and got the monthly payment down to 505. I was happy so I drove off. Thanks for all the replies from this board...I will be a fequent member here. I had a 04 CTS that I traded in and I have to say I loved my caddie, but I really love this car more. It has everything you could want and the power is awesome.
Thanks
Thanks
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Machine Head
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Mar 16, 2016 08:55 PM



