Currently leasing a 2015 Lexus RC350 F-Sport, and I have about 6 months remaining on the lease. I am currently paying about $370 a month for it, which is fine. However, I am actively looking at cars nevertheless, and have seen a few very attractive deals. I was wondering if you guys know of certain…

It’s easier if you have equity in the vehicle. But you can always negotiate on a new lease without mentioning your current one, and then bring it up at the last minute. “I can sign today if you buy out my current lease, otherwise I’ll have to wait until the lease is up or I can sell it privately.”

[image] Question on lease pull-ahead programs Ask the Hackrs I’m currently leasing a GMC Terrain Denali ending in May, and I’d really like to (but don’t need to) trade in my car early. I’m not too familiar with the pull-ahead programs, but there’s an offer in Buffalo for a…

Hey Guys, I have a Jaguar F pace leased from Chase bank which doesn’t allow lease transfers. I am getting transferred to a different country, and can’t take the car along with me. I am new to lease early termination, and wanted to understand the options I have. I called chase and they suggested two …

Hey Shantanu, Curious to know what option you chose and your reasons for doing so. I’m considering a 2 year lease and I need to account such a possibility of early termination. Is there anything that I should consider before I get in ?

[image] shantanu_k: Early termination charge which is adjusted lease balance minus vehicle equity fair value Purchasing the vehicle and selling to third party Both of these options suck. You need to figure out which one sucks less. for that we need more info such as a) Current payment b) C…

Your options are limited, but I will tell you what I did when I had a lease short of maturity and wanted to get a newer car. Years ago I leased a Honda Accord for 36 months with 12K miles/per year allowed (@$0.15/mi for over 36,000 miles at turn in). I ended up putting 145,000 miles on it by the ti…

[image] Eric_N: I ended up putting 145,000 miles on it by the time I had to turn it in. Right. 130 miles every day for 3 years. You must have lived in that car.

No, you don’t have to. It’s enough to live in a State like NJ or PA and commute to work to a city like New York.

Then leasing is definitely the way to go. I know, circumstances changed right after you signed the lease.

I had an Accord in 2003, that was 15 years ago. Back then no circumstances changed. I knew I would drive it a lot, but was young, needed a reliable car , couldn’t afford to buy it and decided to lease Accord and deal with over the limit miles later (which I did by selling it in the end). “Changed …

Options for terminating a lease via dealership?

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Ursus August 11, 2017, 12:25pm 3