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Getting out of a SUV lease
Posted on 8/23/17 at 5:26 pm
Posted on 8/23/17 at 5:26 pm
I am leasing a 2016 Buick Enclave. Lease deal was 39 months at $308.00 per month (plus monthly sales tax on payment). I have 19 months left. Is there a good way to get out of a lease?
Posted on 8/23/17 at 5:48 pm to oldtimefootball
swapalease or leasetrader
Posted on 8/23/17 at 5:53 pm to oldtimefootball
Well I've gotten out of an auto lease but I wouldn't know about an SUV lease. I think that changes the circumstances.
Posted on 8/24/17 at 8:10 am to oldtimefootball
You get out of a lease the same way you get out of any other form of financing.
Determine your payoff (typically just sum of remaining payments + residual), sell the vehicle. You owe the difference or make a profit.
Determine your payoff (typically just sum of remaining payments + residual), sell the vehicle. You owe the difference or make a profit.
Posted on 8/24/17 at 11:32 pm to oldtimefootball
I knew a guy who had a lease. Got terminally ill and was in hospice. Car lessor did not give a shite. Sorry, soon to be widow, your monthly is due.
I guess you have to think of it like a note if you bought the car. I'm moving to Australia, about to die, etc. Tough. Pay up.
I guess you have to think of it like a note if you bought the car. I'm moving to Australia, about to die, etc. Tough. Pay up.
Posted on 8/25/17 at 8:37 am to oldtimefootball
You owe them X amount on your trade in date, plus your payments until them. Can you not just sell your vehicle then pay them the X amount, plus your monthly payments with whatever you have leftover?
Posted on 8/29/17 at 11:12 am to oldtimefootball
Didn't you recently leave the SUV in Houston? Sorry it was totaled because of flood damage. Most leased vehicles require GAP insurance.
This post was edited on 8/29/17 at 11:13 am
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