How penalized would i get if i was to end my lease 6 months before and jump into a new Teg???
i am currently in the last year of my 3 year lease i have a 00 GS (auto) DAMNIT!! i have till december when my lease ends, however my payments on the lease are 267.00 a months and my car currently has 33,005 miles on the odo my lease is the standard 3 year/36,000 so i will break 36 before december, my question is for those you have had experiences with a leased honda, what would happen if i was to wanna jump out of my lease in 6 months (june) and into another teg (possible 5 speed ls or gs or gsr) would i be penalized badly or would they roll the payments over into my next car?????? please help me out i am puzzled?
they will prob make you pay full balance of payments owing and the pro rata mileage you are over to date. Skrewed - see if they will cut you a break if you get the next car from them.
1 more reason to never lease.
Didnt they cover all this at the begining of the lease.... It is real important to know what you are getting into....
Good luck man.
Didnt they cover all this at the begining of the lease.... It is real important to know what you are getting into....
Good luck man.
most of the time... my experience they sometimes make acceptions and will take it as a turnin wtih no penalty.. BUT you MUST purchase/lease another integra from them/finance company....
I also turned in a GSR last year and it was over teh miles, but the car was in prestine condition and they never sent me a bill (knock on wood).
go to the dealer and find out what they say.. or better yet.. call the finance company and tell them you want to go through them sinice you have been happy with the service you have recieved and tell them you want to go through them again but are worrried about turning it in 6months early....
i dont see a reason why they wouldn't, unless you missed mad car payments.
I also turned in a GSR last year and it was over teh miles, but the car was in prestine condition and they never sent me a bill (knock on wood).
go to the dealer and find out what they say.. or better yet.. call the finance company and tell them you want to go through them sinice you have been happy with the service you have recieved and tell them you want to go through them again but are worrried about turning it in 6months early....
i dont see a reason why they wouldn't, unless you missed mad car payments.
hmm ok im gonna and check up on it and let u guys know, i did read all the fine print prior to getting the car, and i did read the early termination clause on the back of the lease papers, i know that i would have to pay the remainging 6 months, but i think tehy might roll that stuff over into my new teg, im sure as long as i say "i love acura gimme another integra" it wont be bad but ill get back to ya guys, thanks for the feedback more of it would be appreciated
go to this place called swap-a-lease.com, you can legally swap your lease with someone in your area. my mom did this and got rid of her audi a6 within 3 weeks. someone just assumes your lease for the remainer. do it! its great.
Hey what finance company did you go through? I work for Honda Finance and can let you know our options.
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i am leasing a 00 gs integra 2 door coupe my lease was a 3 year 36,000 mile lease, my lease is up this year in december i am currently at 33,000 miles on my odo so i will break the 36 mark prior to terming the lease in december, i woul like to be able to mayeb jump into another teg (98-99 ls or gs 5 speed, mine is an auto) in say 6 to 8 months......what are my options??
Ok here we go:
1. You can try and trade the car in at a dealership. It doesn't have to be the same dealer that sold you the car. BUT, in order for you to be free of obligations. They have to purchase the car for your current GPO (Gross Payoff). That would include your remaining rents and also the residual value of the car. They may or may not do that. It all depends on the condition of the car and also what your car is worth in the market, at that particular time (market changes at different times of the year). or they car just add the remaining rents to your new contract if you decide to buy a car from them.
Or
2. You could just return the car early and make your remaining rents. BUT don't forget to get your inspection done before you return you car. We don't penalize you for turning it in early, as long as we get all the payments that you signed for in the contract. And also the car is within regular wear and tear, and below the allowed mileage.
My suggestion.
I suggest you do #2 because you don't have to put you options in the dealers hands. And as everyone probably knows, dealers are very tricky. But then again that's up to you. You may not have the money for the remaining rents, and may choose to put them on your new contract.
If you have any more questions, just let me know.
Hope this info helped.
1. You can try and trade the car in at a dealership. It doesn't have to be the same dealer that sold you the car. BUT, in order for you to be free of obligations. They have to purchase the car for your current GPO (Gross Payoff). That would include your remaining rents and also the residual value of the car. They may or may not do that. It all depends on the condition of the car and also what your car is worth in the market, at that particular time (market changes at different times of the year). or they car just add the remaining rents to your new contract if you decide to buy a car from them.
Or
2. You could just return the car early and make your remaining rents. BUT don't forget to get your inspection done before you return you car. We don't penalize you for turning it in early, as long as we get all the payments that you signed for in the contract. And also the car is within regular wear and tear, and below the allowed mileage.
My suggestion.
I suggest you do #2 because you don't have to put you options in the dealers hands. And as everyone probably knows, dealers are very tricky. But then again that's up to you. You may not have the money for the remaining rents, and may choose to put them on your new contract.
If you have any more questions, just let me know.
Hope this info helped.
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