Thoughts? Any fast ones being pulled here? My apologizes in advance, just want to make sure everything is on the up and up.
Leased a Tundra back in August. Dealer called today to tell me that Ally rejected the contract because the cap cost of the vehicle is below the residual value. Dealer said that my payment would go up $50 but that they would cut me a check for the difference which would allow the deal to go through. Below is a link to my original thread.I’ve also attached screen shots of my old contract and the proposed new contract.
what’s the question here? this is realistically possible. Make sure you dot your I’s and cross your T’s. Typically most would kick back the contract before you even got to signing, but I guess they caught it later.
That’s the plan. Just would like the pros (you guys) to look over it and make sure no fast ones are being pulled. I really appreciate all the input you guys give! This site is top notch!
Basically they don’t want to refund you the interest, just the cap cost. Interesting, but considering it’s probably a standard rate lease, you’ll probably be in the hole a couple of bucks. What was the amount they’re going to cut you? Probably better to start with the facts.
That’s what I thought. They didn’t give me the exact number and just said the difference between the two gross cap costs which is essentially $1000. Guess I won’t find out for sure until I go in tomorrow.
Thanks
