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Lease Termination Fees and other costs

1039 messages,  Last post on Dec 03, 2009 at 10:15 AM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Leasing


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#922 of 1039
Re: [qbrozen] by saablcp
Sep 20, 2008 (8:56 am)
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Replying to: qbrozen (Sep 17, 2008 1:03 pm)

WHOOSH!!!!!!!!!!!!!!!!!!! The sound of the point I was making going completely over your head!
#923 of 1039
Re: [saablcp] by qbrozen
Sep 22, 2008 (6:47 am)
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Replying to: saablcp (Sep 20, 2008 8:56 am)

Didn't your mamma ever tell you to respect your elders?
Or how to express yourself in a clear and concise manner?
If you'd like to try again, I am listening. I am always willing to help someone who at least attempts to help him or herself.
 
If your "point" was to express that terminating a lease early when you are under miles is financially imprudent, its not much of a point at all.
#924 of 1039
Re: [qbrozen] by saablcp
Sep 22, 2008 (9:51 am)
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Replying to: qbrozen (Sep 22, 2008 6:47 am)

First off I have no idea what age you are,nor do you have any idea of my age, so please ..."can" the respect your elders angle! After re-reading my posts I find nothing disrespectful about them.Sorry if I offended you by expressing sarcastically that you did not see the point I was making.Perhaps the respect that is not being shown is toward the person who has been doing Auto leasing professionally for 24 years. End of discussion,please!
#925 of 1039
Re: [saablcp] by tidester HOST
Sep 22, 2008 (9:54 am)
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Replying to: saablcp (Sep 22, 2008 9:51 am)

End of discussion,please!
 
Hear, hear!
 
tidester, host
SUVs and Smart Shopper
#927 of 1039
Re: [tidester] by qbrozen
Sep 22, 2008 (10:04 am)
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Replying to: tidester (Sep 22, 2008 9:54 am)

WHAT discussion??
 
I'd still like to know what the "pro's" point was supposed to be. How can one end a discussion that never started?
 
Ok. Wait. Let me try to back up here and possibly answer any unanswered questions because I hate having an unresolved conversation.
 
Worth less because they made an improper market projection....no,thats why they buy residual value insurance. I don't understand your point.
 
Yes, it was worth less because they made an improper market projection. The residual value insurance protects them, not me. And that's fine. However, when terminating early, it is worth what it is worth.
 
What was your need or reasons for doing this apparently on both a Chrysler and a Honda lease?
 
On the Chrysler, as I believe I stated, we were at the mileage limit. We were going to pay the per mile fee, but happened upon a great deal on a replacement vehicle, so that was that.
 
As for the Honda, I had my own reasons for terminating early. None of which were financial or rational in any way. So, again, it has no bearing on the topic.
#928 of 1039
Re: [qbrozen] by tidester HOST
Sep 22, 2008 (11:19 am)
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Replying to: qbrozen (Sep 22, 2008 10:04 am)

WHAT discussion??
 
That would be the discussion questioning age and respect neither of which have much to do with lease termination fees.
 
tidester, host
SUVs and Smart Shopper
#930 of 1039
Nissan Murano 2007 by jazo82
Sep 23, 2008 (3:37 pm)
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Hi Everyone-
 
I have a questions about a leased vehicle I purchased in November of 2007 from Nissan Dealership. In my contract it states that I can end early termination after 12 payments (which is 1 year) I am just wondering if i would choose to do this would be a smart move. The car has only 7700 miles on it right now and there are no body damage or accident or anything else. And also, how much would i owe to pay after returning the vehicle? Please let me know.
#931 of 1039
Re: Nissan Murano 2007 [jazo82] by kirstie_h HOST
Sep 24, 2008 (7:33 am)
Reply

Replying to: jazo82 (Sep 23, 2008 3:37 pm)

Since we have no way of knowing the MSRP for this vehicle, the price you negotiated, your payments, or any other detail of the contract, the only way to get an accurate answer to your question is to call the finance company and ask. All we'd be doing is guessing.

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