Quote:
Originally Posted by Nargrakhan
Actually... while I'm not a lawyer or legal expert, I think you need to READ YOUR LEASING CONTRACT.
Some leases are specifically worded to NOT allow modding that voids the warranty and/or must be returned in the same general condition it was bought, minus acceptable wear and tear. None of this would be a problem if you ultimately decide to buy the car in the end... but if you intend to return it, there might be problems if you "riced the hell" out the vehicle and brought it to the dealer that way.
Modded cars are harder for a lot of dealers to resell than a plain stock.
If the dealer can't tell you modded the car (or doesn't care), then none of this matters...
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usually the only thing they will let you do is swap the rims. but you need to return to stock rims after. it also depends on the company...
Quote:
Originally Posted by czirrfb
With leasing is it an option to "give up" on a car? Say you cant afford the lease payments anymore, your sick of the car etc. can you simply return it and stop payments and not have to own any money to anyone without messing up your credit? I know you will have basically "wasted" the money you spent up until this point, but its better than getting a repo on a loan.
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they take back their car and then your credit score goes down the drain. it's like defaulting... and depending on your assets may try to make a claim. either way you're screwed!
although there are 'lease busters' that could be an option