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SVTPerformance's Chain of Restaurants
Road Side Pub
Question for anyone who's sold a car that's a lease, before lease was over
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<blockquote data-quote="CobraJohn01" data-source="post: 4742357" data-attributes="member: 3005"><p>What you're saying makes sense. But when we call to make an over the phone payment, when she listens to the option to find out the payoff, it says the current pay off is $10,XXX. In our lease agreement, I remember that we had the option to buy the car after the lease is up for like $8500 or so. So it seems to me that the payoff would be the remaining 6 payments plus the price stated to buy it at the end put together. And if that's the case, that would seem to me like you could buy out the car earlier than the scheduled end of the lease. Am I wrong?</p><p></p><p>By the way, not that we've had any problems or complaints with our first lease experience, but I agree that we probably won't do another lease in the future.</p></blockquote><p></p>
[QUOTE="CobraJohn01, post: 4742357, member: 3005"] What you're saying makes sense. But when we call to make an over the phone payment, when she listens to the option to find out the payoff, it says the current pay off is $10,XXX. In our lease agreement, I remember that we had the option to buy the car after the lease is up for like $8500 or so. So it seems to me that the payoff would be the remaining 6 payments plus the price stated to buy it at the end put together. And if that's the case, that would seem to me like you could buy out the car earlier than the scheduled end of the lease. Am I wrong? By the way, not that we've had any problems or complaints with our first lease experience, but I agree that we probably won't do another lease in the future. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Question for anyone who's sold a car that's a lease, before lease was over
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