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Smart Shopper Purchasing at the End of Your Lease
716 messages, Last post on Nov 30, 2009 at 8:03 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: kyfdx (Jun 13, 2009 10:42 am) I agree entirely with you. That's why I emphasised the word financial in my answer. The problem is that the first time the Beetle is problematic it could be quite expensive. |
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It occured to me that I did not thank all of you who responded to my quandry. My apologies........
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Replying to: itslisa (Jun 14, 2009 8:05 am) Just a quick question for others - has anyone had experience negotiating the buyout price on VWs? IMO, it's always worth asking, even if they say no.
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Replying to: kirstie_h (Jun 15, 2009 7:20 am) I have heard of others doing so but not recently. It's a tough position when you have a very low mileage unit as that's usually the first question they ask. Never hurts to ask a few times though. |
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Help!!! We are at the end of a 5 year lease on a Chrysler Pacifica(would never do it again). The leasing company's inspector gave the car raving reviews and recommended no penalty charges for wear and tear. Now with 2 weeks before turn in we received a letter advising that we should buy the car to avoid a charge we will be responsible for regarding alleged "frame damage". The car was in an accident where the rear quarter panel was replaced. The repairing dealer stated that there was "no frame damage". Leasing company is claiming quarter panel replacement, which is immaculate, from factory and unable to detect by looking at it, substantially diminishes the cars value and we will be responsible for the difference between market value and what they sell it for. What can we do? Lease states "I also recognize that if the vehicle has suffered frame damage or substantial other damage, even though the damage may have been repaired, the value of the vehicle will be substantially less than the value of an identical vehicle which has not had frame damage or suffered other damage." Any assistance would be greatly appreciated. Thank you!
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Replying to: tmjohnson39 (Jun 15, 2009 9:38 am)
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Replying to: grandtotal (Jun 15, 2009 10:02 am) |
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Replying to: tmjohnson39 (Jun 15, 2009 9:38 am) |
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Our 5 year lease is ending soon ( August 21), the financing agency says the cost to purchase is $18,000.00 at 8.5%. How do we know if this is the right price? Or if this is even negotiable? A quick search of comparably equipped vehicles with similar mileage (72,000) shows most going for 14,500-14,995.
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Replying to: jeolivares (Jun 24, 2009 5:18 pm)
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