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Returning Leased Car Next Week...

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Anonymous
Not applicable

Returning Leased Car Next Week...

We are returning a leased car next week.  Any advice?  

Message 1 of 9
8 REPLIES 8
StartingOver10
Moderator Emerita

Re: Returning Leased Car Next Week...


@Anonymous wrote:

We are returning a leased car next week.  Any advice?  


Advice on the process or what to watch out for or what to do after you turn in the vehicle? Can you elaborate?

Message 2 of 9
SamsungHDTV
Established Contributor

Re: Returning Leased Car Next Week...

Stop leasing and purchase instead. Start shopping for a loan now.

Message 3 of 9
StartingOver10
Moderator Emerita

Re: Returning Leased Car Next Week...


@SamsungHDTV wrote:

Stop leasing and purchase instead. Start shopping for a loan now.


+100% Well said Samsung - straight to the point! Smiley Very Happy

Message 4 of 9
Anonymous
Not applicable

Re: Returning Leased Car Next Week...

I guess advice on the process and what to look out for.  

 

Thanks!!!

Message 5 of 9
gwizdak24
Frequent Contributor

Re: Returning Leased Car Next Week...

are you planning on getting another lease? Did you go over mileage.

 

I guess you should clean the car and do a once over on the exterior and interior to make sure there aren't any dings etc (that is not normal wear and tear). Get it all fixed. 

From what I know you make an appointment they come out and look at the car (inspect), my friend at the dealership said take the last appointment at night lol (that way they are tired and its dark and they want to get it over with).

Message 6 of 9
Anonymous
Not applicable

Re: Returning Leased Car Next Week...

Yes. I totally agree. Never lease a car again. It's totally waste of money and at the end have nothing.
When leasing you get a nicer car with lower payment that's true but it's really a nice feeling when you get a cheque for 8000$ after say 5 years of owning a car vs leasing
Message 7 of 9
Kathy4NU
Frequent Contributor

Re: Returning Leased Car Next Week...


@SamsungHDTV wrote:

Stop leasing and purchase instead. Start shopping for a loan now.


I second that!!!




June '12: EQ 553 TU 0 EX 545
April '13 Lender Pull EQ 731, EX 692, TU 722 - all FICO

Closed on home May 22, 2013 at 2:00pm!!!
CU Visa $1000, VS $350, Chase Freedom $1000, Discover IT $2500, Home Depot: $2700, Menards $3000, NFM $3500
What's been deleted: 32 collections, 5 PR, 2 tax liens, defaulted student loans
Message 8 of 9
ezdriver
Senior Contributor

Re: Returning Leased Car Next Week...

I see nothing wrong with leasing. You are simply paying for the part of the vehicle's value that you used. I used to love driving a new car every 2.5 years so I leased three of them. If you drive more than 12k miles/year then consider buying. Very good credit is required for leasing so it is not an option for many people.

Message 9 of 9
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