Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Smart Shopper Lease Termination Fees and other costs
1038 messages, Last post on Nov 19, 2009 at 9:34 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
|
|
|---|---|
|
Replying to: psumommyof2 (Jul 16, 2009 6:10 pm) My only reservation is your comment about the lease payments killing you. I doubt that the loan payments will be any less. Perhaps you should look at a smaller, cheaper to run vehicle? |
|
|
My Audi Q7 lease ends in 2 months. I was recently rear ended by a truck. Very slow speed, small dent near the license plate. Other driver said he would pay for the repair. I got 2 local body shop estimates ($800 and $850) and sent to him. He sent me a check and we're good. My question: if I turn in the car as is, will Audi gouge me on the repair? Can the pre-inspection tell me how much my cost would be? Is that binding? Bottom line for me, if Audi will charge me the same as my local body shop, I would rather just turn it in and not deal with the hassle of repair.
|
|
|
Replying to: rbirns1 (Jul 17, 2009 7:08 am) I have an A4 that had a tiny dent (smaller than a dime) and the inspector wrote the cost to be $55 on my inspection report. That's pretty competitive to what most mobile dent repair outfits charge. If you do your inspection early you'll get the estimate. From there, see if it would be cheaper to let Audi handle it or to do it on your own.
|
|
|
Replying to: taun (Jul 17, 2009 9:12 am) |
|
So as you can see I still have time to decide what I want to do with my car, but I'm about to take this job that will require a lot more driving. My question is that if I decide that I'm going to buy out the car anyway, does it really matter on how much overage I'll have in the milage?
|
|
|
Replying to: azngrl18 (Jul 27, 2009 10:35 am) Nope. |
|
|
Replying to: azngrl18 (Jul 27, 2009 10:35 am) |
|
|
I have one month left on the 2006 Lincoln Zephyr. Residual is $16,240 and my mileage today is 30,200. Allowed mileage is 33,000 so I should should be well within the limit as I generally drive 1000 or less miles in a month. The car was rear-ended by a truck and the trunk lid was replaced, side panels refinished etc. for about $8K (paid by other driver's insurance). I just had my inspection and the guy has found several scratches, bumps, gouges, dings on the front bumper, hood/cowl, left front door, left rear door etc. I can't really see them and the body shop that did the repairs just did a detail on the car for me. The inspector (from Data Scan) said they would have a report and estimate available online this evening. This is my first lease ever, what are the next steps? I'm also wondering whether I should buy the car out, or what the options are. I like the idea of leasing but want to keep the payment under $300/month. (The Zephyr was $292, which included CA tax, with $0 down). However, leases currently look terrible, low residuals and not so great money factors.
|
|
|
Replying to: rj123456 (Jul 28, 2009 12:27 pm) Wholesale on your car is in the $15-16k range so your buyout price is on the mark. With tax and fees you should end up in the mid $300's for 60 months. Not surprised you can't find a new lease that is comparable. A $30,000+ never leases for under $300/mo unless there is a TON of incentive somewhere. Leasing is just getting back to being realistic is all. |
|
You are here:
Forums
Smart Shopper Lease Termination Fees and other costs
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
