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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
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Replying to: mfullmer (Oct 06, 2004 9:03 am) Good thing I asked before shopping the car around. This is the last time I sign up for a four-year lease.
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Replying to: sensor (Oct 06, 2004 6:53 pm)
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Replying to: mfullmer (Oct 08, 2004 2:45 am) Thanks.
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Hi princeabubu. You were right in that there is a way for your mother to get out of her leased Durango several years prior to the scheduled end of its contract, however it will likely be prohibitively expensive for her to do so. In order for her to get out of this deal at this time, she will have to purchase the truck from the bank that she is leasing it through. It will probably cost significantly more money to do so than the truck is currently worth on the open market. Furthermore, the bank that she is leasing through, most likely Chrysler Financial, will probably require her to make all of, or at least a significant portion of, her remaining lease payments on this truck in addition to paying its purchase price. As you can imagine, all of this will probably add up to quite a bit of money. Car_man Host Smart Shopper Message Board |
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If I chose to buy my vehicle at the end of a lease do I still have to pay for any wear and tear or for going over the mileage? Just curious how this process works at the end..
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Replying to: alb (Oct 12, 2004 5:08 am) regards, kyfdx |
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Hi Carman or any others that can help, I am turning in my 2002 WRX in a couple weeks and the car has a few body issues. To what level should I get these things repaired? Door Dings: 5 total on the car; 3 on one door 2 other random small ones. One has paint from the offending door. Should I get these repaired if they are average(nickel or less) sized? Shattered Fog Lamp: A wood chunk came up a couple years ago and shattered it. We have just have been living with it since. It also took a very small chunk out of the bumper skin, only visible by looking at the broken lamp. Should I replace it so it doesn't draw attention to the missing chunk? Is it cheaper to replace the bulb or pay the damage fee? Rear bumper has minor paint scrape not fully through the paint and I will be getting the car buffed out to clean that up. Any other recommendations? |
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I'm probably selling my 2003 FX35 to Carmax. I was in a minor fender bender a few weeks ago. There is minimal damage to the front and back bumpers. The insurance company for the bozo who hit me is sending me a check for $1600 for the repairs. The damage is barely visible. Should I just sell the car as is and use the $$ to go towards the difference between what I get for the car & what I owe or should I just get the repair done?
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Replying to: pjo1966 (Oct 12, 2004 1:31 pm) Case in point: In 2001 I took my '98 Chevy Blazer in and when they found out (using the paint spectrometer thing) that one side had been repainted after being keyed when it was just 2 months old they took the price they would have given to me and deducted nearly $4k from it. (They would have taken it to the auction). A couple of months later I took my '98 Buick Century in that had never had any damage except had a small stone dent in the hood. They looked at the dent and deducted $25 from the price they were going to give me, which about 1/2 between high and low KBB.
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Hi pktrckt. I don't know exactly what the excess wear and tear policy is like for the bank that you are currently leasing your Subaru through. However, many banks will inspect vehicles for consumers a couple of weeks before they turn them in. If you can get the bank that you are leasing your car through to do so, you may be able to find out exactly which items it will charge you for and have them repaired before you officially turn it in. It is difficult for me to say whether you will get assessed for the dings and scratches that your wagon has without seeing them, but if I was in your situation, I would get the broken fog lamp repaired and clean up your vehicle prior to having it inspected. Car_man Host Smart Shopper Message Board |
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