Car and Bike Talk Discussions and comparisons of cars and motorcycles of all makes and models.

How to get out of a lease

Thread Tools
 
Old Dec 13, 2008 | 09:56 AM
  #11  
Saki GT's Avatar
Moderator
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Jul 2004
Posts: 36,017
Likes: 226
From: Queen City, NC
Default

If the lease is 15k mi/;yr, thats 45k mi, so at .10$/mi, thats only $1,200.

Everything else I'd file under comprehensive.
Reply
Old Dec 13, 2008 | 10:47 AM
  #12  
TheDonEffect's Avatar
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Apr 2006
Posts: 8,368
Likes: 636
Default

Tree limb falling may not be covered by your landlord's insurance, but it's still the landlord's responsibility since he needs to upkeep the property to avoid this exact thing- this is why the insurance won't cover it because it is an avoidable incident. However, if the limb fell due to excessive winds, then it's not necessarily their responsibility at which pount you need to file a comprehensive claim on your car (which you should have since you're leasing). You will be in the hole for your deduct, but if you ask around you may be able to reduce that blow.
Front bumper could also be covered under your insurance, but if your deduct is 500+, better to pay out of pocket and keep it off your record. Honda accord bumper are cheap, ton of good aftermarket and used available, just slap one of those on with paint. Odds are if you do the trunk and bumper at the same time, the shop will cut you a deal since there's overlap (they'll only have to mix the paint once). It seriously takes them like 10-20 minutes to remove and install a bumper despite book time being around 1.5 hours.
It's better you controlling the repairs vs. the dealer controlling the repairs- dealer will use all their parts at their prices, sublet it out to a bodyshop and charge you the full amount.
Reply
Old Dec 13, 2008 | 11:13 AM
  #13  
euhysh's Avatar
Registered User
 
Joined: Jan 2007
Posts: 25
Likes: 0
From: Southern California
Default

If you don't buy that car at end of lease, might as well bend over and grab your ankles when you return the car. At least try to get that damage repaired. Otherwise, you're paying for the damage, mileage and disposition fee. Returning a lease can get so damn expensive.
Reply
Old Dec 13, 2008 | 01:25 PM
  #14  
jbotstein1's Avatar
Thread Starter
20 Year Member
 
Joined: Mar 2003
Posts: 1,343
Likes: 0
Default

Yea. I probably won't lease another car. I had intended for it be my second car, but it became the primary car ans the turbo'd S was the garage queen. Now the S is gone and I want to buy something to replace the Accord and S in one package, but I may have screwed myself as far as that goes.
Reply
Old Dec 13, 2008 | 09:03 PM
  #15  
tak_one_77's Avatar
Registered User
 
Joined: Dec 2006
Posts: 3,921
Likes: 0
From: Melbourne, Australia.
Default

Originally Posted by zdave87,Dec 13 2008, 08:40 PM
B) having her pay for the damage out of her own pocket?
not the best thing to ask of your future wife!!
Reply
Old Dec 14, 2008 | 05:36 AM
  #16  
Luckyaze's Avatar
Registered User
 
Joined: Dec 2005
Posts: 2,069
Likes: 0
From: California
Default

^^^if she can't even do that on her own accord(because it's her fault) than you're marrying the wrong women.

Unless you're making twice or triple of what she make IMO.
Reply
Old Dec 14, 2008 | 07:34 AM
  #17  
Ted H's Avatar
Registered User
 
Joined: Sep 2003
Posts: 1,606
Likes: 0
From: Jersey City, NJ
Default

Originally Posted by Luckyaze,Dec 14 2008, 08:36 AM
^^^if she can't even do that on her own accord(because it's her fault) than you're marrying the wrong women.

Unless you're making twice or triple of what she make IMO.
No pun intended?
Reply
Old Dec 14, 2008 | 09:20 AM
  #18  
TommyDeVito's Avatar
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Jul 2005
Posts: 4,365
Likes: 497
Default

Why haven't you fixed the car? Are you broke?

My advice is to fix the car like you should have in the first place, turn it in at lease end, and pay the mileage penalties.
Reply
Old Dec 14, 2008 | 10:33 AM
  #19  
ace123's Avatar
Registered User
 
Joined: Jul 2007
Posts: 3,187
Likes: 3
Default

Originally Posted by TommyDeVito,Dec 14 2008, 12:20 PM
Why haven't you fixed the car? Are you broke?

My advice is to fix the car like you should have in the first place, turn it in at lease end, and pay the mileage penalties.


you probably need to get it fixed for as little as you can to have it done properly--there's no getting around paying for that if you either return or sell the car.

if you haven't, run the numbers on the mileage penalties and see how much that will cost you. if you owe a really large amount--enough that you could buyout the lease, sell the car for book value and end up ahead by a grand or two, maybe that's the right answer.

but i'd bet you'll just cough up some money to the repair and some more for the miles, then you'll be done with it.
Reply
Old Dec 14, 2008 | 10:56 AM
  #20  
Rob_s2k's Avatar
Registered User
 
Joined: Aug 2004
Posts: 507
Likes: 0
Default

There are other ways around such matters. But I would consider them illegal lol.
Reply



All times are GMT -8. The time now is 06:31 AM.