vehicle lease ?

thirty6

thirty6

Member
may or may not be a strange question, but ill ask anyway. scenario is like this:
I recently leased nissan crew cab p/u, 39 months, and am having second thoughts for a few reasons that came up after i leased the vehicle. By no means would keeping the vehicle create a hardship financially, but would ultimately be better for me to get out of agreement. Is this possible? ive had the vehicle since the weekend. ?
i read the paperwork, and really doesnt answer my question so well.
 
azreefgirl

azreefgirl

Member
Check your state laws to find out how many days you have to get out of a business contract. Here in Arizona, I believe it's 3 business days to change your mind regarding a transaction, but every state is different. I'm sure your sales person will tell you there's no way to return the vehicle, so you may want to check with another local dealer before you approach the dealer you bought it from.
Or (again, check your lease contract), you may be able to sell the vehicle to a private party (you'd probably end up losing a little money) and buy the vehicle from the Nissan (usually the option is given to buy the vehicle at the end of the lease).
Let us know how it works out. Good luck!
 
jhill5

jhill5

Member
Some leases are assumable, meaning you could find another party to take over the lease payments. This would be a great deal for someone as you have already paid the first payment, sec dep, and any money down. This is not a good option if you put a bunch of cash down.
Hopefully they will take it back, I believe in Ohio the 3 day right to resend is only on products purchased at your house. I used to be a finance manager at a honda store, and this was always a concern when we delivered and signed paper work at peoples houses.
Good Luck.
 
socal57che

socal57che

Active Member
Depends on why you want out of the lease. Is it because of the lease agreement or is something wrong with the truck? If you realize that the lease is a bad deal, just borrow the money to buy out the lease. If you are just having second thoughts about the purchase, well, that can be tough. In CA there is almost no way to get out. You have to prove that fraud was involved in the sale or start the "lemon" process.
 
mine4ever

mine4ever

New Member
Leasing of a car is an advantage to people. However, it will be smart if you will be good enough in inquiring a lot so that you will know what to expect. It will also be wise to have a comparison with others.
car leasing
 
flower

flower

Well-Known Member

I knew a guy who purchased a new car every 2 years. He didn’t want any problems with repairs. Leasing was the perfect solution for this guy.

Leasing means you don’t own the car, and if you go over the miles in the selected time you have to pay for it. You can pay the balance (take out another loan) and own the car at that time.

I always put too many miles on my cars to lease. The payments are much more reasonable for sure. I pay a $386.12 note on my van every month; my Astro van (I like vans) had a $415.00 payment for 36 months on a previously driven, not new vehicle. On a lease I could get that same vehicle brand new for a $200.00 to $300.00 range in payments.

Some car lots will allow you to change your mind after 3 days, however they will switch not let you out of the deal. Some contracts will allow you to break the deal before 3 days are up.
 
mine4ever

mine4ever

New Member
Oh, I didn't look at the date too... haha! Yeah I am new. Anyway, it's still nice to know some people that replies to threads.
 
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