Getting out of lease?
06-18-2005, 07:48 PM
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Getting out of lease?
I have a 2005 E55 I leased in Dec 04. I have only put 1800 miles on it since cause I am so busy. Heck, I have a set of wheels that I still havn't mounted on the car still lol. Has anyone ended their lease early and turned in their car? This is my first time leasing and I am pretty sure I just might end up keeping it cause it will cost to much to turn it in? Any advice would be great.
06-19-2005, 07:27 PM
#2
You'll get killed trying to turn it in most likely because the payoff is probably more than it's worth (unless you paid a lot down, in which case you'll lose that money). Your best bet is to see if your lease company or bank allows lease assumptions and then try to get someone to assume your lease. If you did pay a lot down you might be able to get the new lessor to pay you some of that back. There are some websites that specialize in this, such as www.swapalease.com. Good luck.
