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You may be able to this, bryce, longish Posted by Pete [Email]  (#2000) [Profile/Gallery]
(more from Pete) on Mon, 29 Jan 2001 20:39:43
In Reply to: Re: Leasing Question, Bryce, Mon, 29 Jan 2001 18:29:44 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Not that this is going to work for you, but you may be able to turn in your vehical and get out of the lease. You are responsible for the rest of the payments (rent) on you car. You also need to determine the market value of the car, Morries if that's where you bought your car can tell you what the current value of your rig. You also need to get a value from Saab financial, who I assume to have the paper on your lease. If the current residual value is higher than the current market price you have yourself some bad news. Or conversly, if residual is lower than the market value then you will like this situation. Bottom line if the market value is lower you would have to pay the difference to get out of the lease. Remember, you can buy the car in most case during or after the lease. Also the easy way out is to sell the car to your dealer and probably pay the diff between the market value and residual, also it helps if the dealer actually wants the car. You may have a problem if the difference is more than the value of whatever payments you have left. Buy I did this once to get out of a gas guzzeling Suburban and saved about $5,000. Call the dealer and check it out.
, Mon, 29 Jan 2001 20:39:43 <-- Viewing This Message, Tue, 30 Jan 2001 20:39:40
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