Lease Termination Fees and other costs

Exactly.

Jaguar would allow one speed rating downgrade, from a Z to a V, but if the car came in with non-performance tires, you'd get charged for a set of OE rubber ($900+)

#1159 of 1189 Re: Audi A3 Lease [dwynne] by kirstie_h HOST

Aug 05, 2011 (8:17 am)

Replying to: dwynne (Aug 04, 2011 1:56 pm)

Well yeah... I'm assuming that the vehicle is fairly new to the lessee, and thus would currently have barely-worn tires. I can't imagine bothering to replace the tires for better ride quality near the END of a lease!

Replies to this message:

dwynne (Aug 05, 2011 10:32 am)

#1160 of 1189 Re: Audi A3 Lease [kirstie_h] by dwynne

Aug 05, 2011 (10:32 am)

Replying to: kirstie_h (Aug 05, 2011 8:17 am)

They said "I am halfway through my lease right now for a 2010 Audi A3 and I need tires pretty soon" so I assumed they would be too worn out to turn in.

Another reason to love Honda Finance lease "Excess Wear and Use Waiver" of $500 per incident up to a total of $1,500. I turned in my 2005 S2000 (before getting the 2008) with 2 low tread tires on it. No charge since they were under the limit.

#1161 of 1189 Breaking a Lease by ronnyc

Aug 13, 2011 (4:40 pm)

Hi. I have a CRV lease. BUT, unfortunately, due to the economy, etc., I've been out of work for 2 years. Still looking! I can't afford the car any more. It's a 2009 CRV with less than 6000 miles, so it's totally cherry. What should I do (besides move to Brazil).

RON

Replies to this message:

kyfdx (Aug 13, 2011 7:46 pm)
- ronnyc (Aug 13, 2011 8:13 pm)

#1162 of 1189 Re: Breaking a Lease [ronnyc] by kyfdx HOST

Aug 13, 2011 (7:46 pm)

Replying to: ronnyc (Aug 13, 2011 4:40 pm)

Do you have a CarMax nearby?

They'll make you an offer to buy your car, and check with Honda Finance for the payoff amount..

Most leased cars are worth less than the payoff, but since yours has low miles and CR-Vs hold their value, you may find that they will pay you enough to walk away from it.

regards,
kyfdx

Replies to this message:

ronnyc (Aug 13, 2011 8:13 pm)

#1163 of 1189 Re: Breaking a Lease [kyfdx] by ronnyc

Aug 13, 2011 (8:13 pm)

Replying to: kyfdx (Aug 13, 2011 7:46 pm)

THANKS!!! I'll try that.

#1164 of 1189 BMW Lease Return by dhyun3

Apr 24, 2012 (2:37 pm)

Anyone has experiences? I will need to return my 3 series in a month and would like to know whether I should take my car to an auto shop to look at it before I meet with an inspector from BMW. I've heard that once they find some issues, the car must be fixed by a licensed BMW shop which tends to be more expensive...
I also lost one of my car keys - do you guys know how much they will charge?

Leasing at the beginning and driving until these days are wonderful...but not look forward to paying some fees...

Replies to this message:

dwynne (Apr 26, 2012 8:04 am)
kyfdx (Apr 26, 2012 9:19 am)

#1165 of 1189 Re: BMW Lease Return [dhyun3] by dwynne

Apr 26, 2012 (8:04 am)

Replying to: dhyun3 (Apr 24, 2012 2:37 pm)

It is always cheaper to fix stuff yourself rather than paying the dealer via lease end fees. I would get whatever fixed you know needs doing prior to inspection - like the key. I have not heard or a requirement to have issues fixed by a dealer only, I can't see how they could make you do that.

Also consider selling your car to a dealer like Carmax or via the autotrader "trade in market place". Also, any BMW dealer or other dealer may like to buy it for their lot. As long as it is not a "turn in" then you don't have to worry about the inspection. The missing key should be replaced soon as every dealer will knock off for that. Compare the current buy out price (without tax) vs the offers you get for your 3. Anything over the buy out goes into your pocket, accept under and it comes out of your pocket. Even then you might be better of to sell at a loss than to pay high lease end fees, if you owe them.

#1166 of 1189 Re: BMW Lease Return [dhyun3] by kyfdx HOST

Apr 26, 2012 (9:19 am)

Replying to: dhyun3 (Apr 24, 2012 2:37 pm)

I've returned two vehicles to BMWFS, and never had an issue... I've always found them to be very lenient...

To POST a message, please Sign In.

Forum Tools

Search Forums

Enter Keyword(s):

Browse by Category

Browse by Vehicle

Browse by Board

Browse by Topic

View All Topics

Learn More, Do More

Edmunds Community

Explore Edmunds