Originally Posted by iskandef Is there any way I can terminate my lease for the Z without any penalty?(considering this will be my third car from this particular dealership) You're
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12-20-2009, 03:48 PM | #16 (permalink) | |
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You're pretty much screwed on that deal.....As long as you're willing to throw some money at it, there's nothing that can't be done. Problem is, you'll just compound the bad decision you made a few years ago.. |
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12-20-2009, 03:51 PM | #17 (permalink) | |
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12-20-2009, 04:13 PM | #18 (permalink) | ||
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I leased my old lady SUV and is the worse thing I could ever done when getting a new car. Quote:
You don't built any equity on a leased vehicle. I have tried to trade-in the SUV on most dealer don't want anything to do with it. BTW, if that is the case u got a hell of a good deal, but I steal can't put the numbers together.
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12-20-2009, 04:27 PM | #19 (permalink) | |
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12-20-2009, 05:23 PM | #20 (permalink) |
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I went to the dealer yesterday to inquire about breaking my 39 month '08 Altima coupe lease in order to get into the '10 Z roadster...He basically told me that Nissan is currently running a deal where they will pay for 3 months of your lease to end early, but the remainder of payments still must be "worked out" which means penalties...
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12-20-2009, 05:40 PM | #21 (permalink) |
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Im pretty sure ill be able to work something out with them. I had 2002 2.5 Altima, then i got the 07 V6...hopefully i can negotiate with them for the THIRD car. However I think they wont let me off easy..im either gonna get penalized for terminating the lease or the mileage...one of the two but not both. Im going to the dealership sometime next week and hopefully all goes well.
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12-20-2009, 06:50 PM | #22 (permalink) | |
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12-20-2009, 06:54 PM | #23 (permalink) | |
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12-20-2009, 07:06 PM | #24 (permalink) | |
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at the end of the 39 payments, the residual value of the car was going to be 16000 dlls. that means that if I wanted to keep the car after the lease was up, that is how much it would cost me. In late September, when I bought my Z, the the remaining balance in case I wanted to buy the car at that very moment was 23600 dlls. So, a way of breaking the lease is to have the dealership/bank/etc send the remaining balance to Nissan Financial. Like I said, most dealerships were only willing to give me 16000 dlls for my '08 Maxima, which is what my car was going to be valued at after 20 more payments that I owed. The dealership where I went to gave 21500 dlls for my Maxma. So what they did was send Nissan Financial a check for 23600 dlls. That equals a difference of 2100 dlls. The dealer discounted 2000 off the sticker price of the Z, and added the 2100 dlls difference mentioned above. So, I got my Z for 100 dlls or so over the sticker price. A price I was willing to accept. Don't get me wrong.... the Maxima was beautiful and comfortable, but nowhere near as fun as my Z.
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