HELP: I need to get out of my lease
Thread Starter
Member
Joined: Apr 2005
Posts: 216
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From: Malibu, CA
2005 CLK500
HELP: I need to get out of my lease
Guys:
I'm leaving the country in 30 days. I need someone to take over my lease. The car is in Los Angeles.
It's a 2005 CLK500 w/ 7-G-Tronic. Black on Black with 42,600 miles. I have on it options in excess of $12,000. They are as follows:
- Brembo brakes, front & rear, red calipers
- Eisenmann exhaust
- Brabus shocks & springs
- 18" AMG wheels
- custom front grill
- 2006 rear headlights, smoked
- Clear side markers
- Deleted resonator
Car will come with original brakes, original exhaust, original shocks and springs, original rear headlights, original side markers, car cover and two new Michelin PS2 tires (w/ 700 miles) 265-40-18.
The car has fairly new PS2 rear tires and brand new Brembo calipers ($650 value, will show receipt).
Stock options include heated seats, wood steering wheel and Xenon lights.
The payoff is $49,000 (for owning the car). It's only worth $36,000 according to Kelly Blue Book.
The lease payoff is $14,060 with 17 payments of $800.67 to go. I was only allowed 10,000 miles per year or 32,500 total miles. I've already exceeded my mileage by 10,000. Whoever's going to take over the lease could purchase as many miles as he/she wants at $0.20 per mile. The new owner could purchase 27,000 miles (which would give him/her 1,000 miles per month until maturity) at $5,400. I'd offer to split that cost with him/her. The new owner will be able to sell all the current modifications before turning the car in for at least $4,000-$5,000.
Any thoughts anyone? Where should i advertise it? Ebay?
I have a job offer overseas that i can't refuse. I have to leave on January 31st.
Please help!!!
