Breaking a Car Lease?

Question

I have a 5 year lease with my toyota camery. Im 2 1/2 years in the lease... Im over my mileage. Should I buy the car now or break the lease for a less expensive car?

with a five year lease the payments were very affordable

Answer 1

buy the car, if you can afford it. If you can't then talk to the dealership and try to work something out. Maybe they will break the lease if you buy a less expensive car through them.

Remember, you will catch more bees with honey than vinegar. Try to be calm, mature and apologetic.

Answer 2

If you "break the lease" to buy a different vehicle, most car companies require you to pay your remaining payments. I would buy the car now and take my lumps. You could have someone roll your negative equity into a new 2 or 3 year lease if you can afford it. DON'T EVER go more then 39 months on a lease!!! I did and I hated the car after 2 years.....never again. Not only that but what you owe on the car soon outweighs what it is worth.

Answer 3

Buy it now if you can. Whatever possessed you to sign a 5 year lease?? Never go over 3 years!

If you break the lease it's going to cost you a fortune. Looks like they really saw you coming.

Toyota makes some great cars, but their dealers SUCK out LOUD!

Edit: It LOOKED affordable up front. But now that you're already over your mileage allowance half way through the lease you're about to discover just how BADLY you were actually being SCREWED. Ask them what they'll sell you the car for now and see what they say. But be prepared for a shock.

Answer 4

there's a thick e book spoke of as The condominium association pink e book. Detailing each and all of the ABC's of the legalities of working an condominium community. In it, it shows a thank you to construct an bulletproof employ. have self assurance me as quickly as I say right here---ruin the employ? right this is what to assume in quotes. something of the employ settlement time era. Failure to grant be conscious. Failure to tutor in keys---despite in case you do. Damages and make waiting expenses. Carpet expenses. value or freeing Trash out expenses. cleansing expenses. criminal expenses. the issue can value you hundreds against your credit and could no longer come off. till you pay. Your suitable wager may be to contemplate how lengthy you have left and hard it out. The condominium marketplace is now national. you won't be able to pass to a clean city and steer sparkling of the dent against you. the only way out is armed forces orders. in case you have an enduring replace of Station (or accountability) rfile from the armed forces? there is your OUT. you may shorten your be conscious to cease to a month and NO penalty for breaking the employ settlement. although, you nevertheless owe each and all of the juicy cleansing, carpet, make waiting, trash out and harm expenses. certainly? do on no account assume your deposits returned. Too many administration companies prepare their bookkeepers to suck all of it away.