ok question for people who no anything about leaseing.

can you cancel a lease?
say i get a lease and then decide its not for me...what do i do? what can i do? cancel?

 

I know for apartments you can but you have to pay last months rent and pay a cancellation fee. Not sure how it would work w/a car. I guess you could sell the car to whoever and then just transfer the lease or whatever over to the other person.

Josh

 

thanks for that.

does ANY1 have any idea. i mean they cant just lock yo in to it im sure. what if you move away or cant afford it?

 

well lease is a bit off a pain in my opinion. You can cancel a lease but there is such a huge fee that its not worth it. If you decide to get a lease you pay monthly and than at the end of lease you for the car to get cleaned any extra milage while you lease the car you also pay for maintenance and if you want to get out of a lease check out a website like leasex.com or some other lease takeover sites, see how many people actually are trying to get rid of their lease and are even offering cash inscentives. On the other hand when you buy the car the car is yours and you make payments. And when you sell that car you get some money back with a lease you dont. go on msn.com type in lease pro's and con's msn has some great reviews on lease's and purchase. I personally go with purchase every time because you own something in the end and you take better care of it. With a lease you drive and maintain the car and then all that money you paid to maintain and drive is gone at lease end Unless you buy out the car! Which they hamer you with at least like 6g's on top of the actuall car value!

 

Whats wrong with the 08?

 

the thing is. im from the uk and mite be moveing back out there in july. but... i have a 3 yr lease. wht 2 do... the cars great! luv it!

 

ship it over to the U.K. take it with you. If its not worth the hassel, no one's gonna go over to UK to repo it. will you be able to register it there without title, etc...? i heard of a russian who racked up thousands on his credit card and moved back to russia w/o paying it off. his credit in the states is screwed, but he doesn't car because he's not coming back.

 

There is a website called leasetrader.com. You post your car up there with all the info and try to find someone to take it over. Pretty cool site.