do you have to pay another down payment to get another car? do they take the car away?
2007-05-08 18:19:38 · 3 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
As the others have mentioned, the lease holder will make you an offer to buy the car. If you do, you'll be making payments to buy it, unless you pay cash. If you don't, you turn it in and you no longer have a car.
Now you can buy another car or lease another car. Some dealers offer no down payment leases or purchases, others require a down payment.
If you want to lease or buy another car, it's a good bet the same dealer you are turning your car in to, will be able to make you a good offer on a new car.
2007-05-08 18:42:40 · answer #1 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
this is why leasin is bad, they offer u a buy out option which no one really ever does then they check the milage 5 cents every mile you went over the limit they set they take your car and make you put a down payment on a new one but if the dealer likes you and your a return customer they mite help u out finance my friend finance
2007-05-09 01:26:59 · answer #2 · answered by shadymatic85 2 · 0⤊ 0⤋
You have the option to either payoff the remaining balance on the vehicle and gain ownership of it, or you turn the car back in to the dealership.
2007-05-09 01:27:17 · answer #3 · answered by C J 6 · 0⤊ 0⤋