Lease return help

shawnski · 12-06-2013, 02:53 PM

Quote:

Originally Posted by Amj2020

man this is like getting punched in the twig and berries at the end...glad I didnt re-lease a Nissan just to be pissed at the end again...

Are there any terms in buying out a car that anyone knows? I leased the Z but I was planning on just buying it soon before the lease was over. Any hidden fees associated with that people have found out about?

your pay off is what you can buy it for+ tax and title fees in your state, you can finance that amount or pay cash for it..( you can call nissan finance and get your pay off ) the reason you have to pay tax and title fees again is because the car was in nissan's name and it will be yours and uncle sam needs your help again..

andre12031948 · 12-06-2013, 03:15 PM

Quote:

Originally Posted by shawnski

your pay off is what you can buy it for+ tax and title fees in your state, you can finance that amount or pay cash for it..( you can call nissan finance and get your pay off ) the reason you have to pay tax and title fees again is because the car was in nissan's name and it will be yours and uncle sam needs your help again..

You're a bit wrong. HE paid the taxes when he leased but it was for ONLY the amount of time of the lease. When he buys the rest of the car, he will pay taxes AGAIN but it will be for only the current cost of the car or you can say for the rest of the car.

Good part is that the money will go to a good cause, THE GOVERNMENT!!!

square.

andre12031948 · 12-06-2013, 03:27 PM

There most likely is something in the lease that allows/won't charge you for some wear & tear costs.

Then again if you buy your lease car, the car can be in little pieces & the manufacturer WON'T charge you for the damage. NOT ONE PENNY!!!

Honest!!!

shawnski · 12-06-2013, 04:23 PM

Quote:

Originally Posted by andre12031948

You're a bit wrong. HE paid the taxes when he leased but it was for ONLY the amount of time of the lease. When he buys the rest of the car, he will pay taxes AGAIN but it will be for only the current cost of the car or you can say for the rest of the car.

Good part is that the money will go to a good cause, THE GOVERNMENT!!!

square.

You only pay tax and title fees for amount of your current pay off .. Another option u have is to trade the car and get something else just like if you financed the car.
It does not hurt to see what your car worth of you trade it in, might have equity, no equity but save on tax , the worse case you are upside down.

andre12031948 · 12-06-2013, 04:37 PM

Quote:

Originally Posted by shawnski

You only pay tax and title fees for amount of your current pay off .. Another option u have is to trade the car and get something else just like if you financed the car.
It does not hurt to see what your car worth of you trade it in, might have equity, no equity but save on tax , the worse case you are upside down.

When I said "you're a bit wrong" was because you sounded like he didn't pay sales taxes when he leased.

Now I don't understand what you mean by "no equity but save tax" ???? I don't understand that either.

andre12031948 · 12-06-2013, 03:10 PM

Quote:

Originally Posted by Amj2020

man this is like getting punched in the twig and berries at the end...glad I didnt re-lease a Nissan just to be pissed at the end again...

Are there any terms in buying out a car that anyone knows? I leased the Z but I was planning on just buying it soon before the lease was over. Any hidden fees associated with that people have found out about?

You leased a Z & know nothing about it? If you're serious, some salesman made a party after you drove away.

The price of buying your car is in large letters/numbers written on your lease. 99% of the time it is written in stone. That's the price plus tax & fees.

Not much to do. Just go to a Nissan dealer & they will do all the numbers/taxes & financing.

After you add the money you spent on the lease, + all fees & taxes, then add the current price that the car will cost you +taxes & fees AFTER financing it, you'll end up with a used Z that cost you as much as a 2 year old GTR. Have a nice day & please don't blame me. Look in the mirror instead.

andre12031948 · 12-06-2013, 03:22 PM

Quote:

Originally Posted by Amj2020

man this is like getting punched in the twig and berries at the end...glad I didnt re-lease a Nissan just to be pissed at the end again...

Are there any terms in buying out a car that anyone knows? I leased the Z but I was planning on just buying it soon before the lease was over. Any hidden fees associated with that people have found out about?

Just read that you were going to buy it BEFORE the lease was over. So now just ADD the remaining payments to the amount of money I posted in the other post.

Amj2020 · 12-06-2013, 07:27 PM

Well thanks for all the input... I do know enough about leasing but I figured it out...
its called the 'disposition fee' and its centered right in the middle of the contract but no where does it show that its due to not being put into another Nissan product. Im going to fight it anyway. So this is something others can look at and learn from.

Andre this was only for my maxima not the Z I know the terms of the Z and I think I got a great deal...its a 12 and has a 23k residual and I only have 1500 or so miles on it ...thanks for all your input...

andre12031948 · 12-06-2013, 07:47 PM

Quote:

Originally Posted by Amj2020

Well thanks for all the input... I do know enough about leasing but I figured it out...
its called the 'disposition fee' and its centered right in the middle of the contract but no where does it show that its due to not being put into another Nissan product. Im going to fight it anyway. So this is something others can look at and learn from.

Andre this was only for my maxima not the Z I know the terms of the Z and I think I got a great deal...its a 12 and has a 23k residual and I only have 1500 or so miles on it ...thanks for all your input...

Are you serious???

So can you clear this up? You're thinking of buying the z & returning the Maxima?

andre12031948 · 12-06-2013, 08:01 PM

I'm home with nothing to do.

andre12031948 · 12-06-2013, 08:08 PM

I can't go this SLOW!!! What's the story???? When is your z with low mileage & $23k residual due?

andre12031948 · 12-06-2013, 08:24 PM

Quote:

Originally Posted by Amj2020

Well thanks for all the input... I do know enough about leasing but I figured it out...
its called the 'disposition fee' and its centered right in the middle of the contract but no where does it show that its due to not being put into another Nissan product. Im going to fight it anyway. So this is something others can look at and learn from.

Andre this was only for my maxima not the Z I know the terms of the Z and I think I got a great deal...its a 12 and has a 23k residual and I only have 1500 or so miles on it ...thanks for all your input...

He got a great lease deal he says. Spent a few thousand bucks on taxes/fees & payments to drive 1,500 miles. Is it me????

Amj2020 · 12-08-2013, 11:05 AM

Quote:

Originally Posted by andre12031948

He got a great lease deal he says. Spent a few thousand bucks on taxes/fees & payments to drive 1,500 miles. Is it me????

Looks like it is...unless you are my financial advisor, worry more about what you do with your money and less about what I do with mine. I have many cars and the Z is just one of them which I drive when I feel like it, and work on when I have free time. This is why Im buying it because I enjoy it, the money is not an issue.

andre12031948 · 12-10-2013, 12:33 PM

Quote:

Originally Posted by Amj2020

Looks like it is...unless you are my financial advisor, worry more about what you do with your money and less about what I do with mine. I have many cars and the Z is just one of them which I drive when I feel like it, and work on when I have free time. This is why Im buying it because I enjoy it, the money is not an issue.

and more than 99% of the Nissan car salesmen, because I worked as a Nissan lease manager & since you don't care about throwing money down the toilet, I won't help you & mind my own business.

NOW, DID YOU REALLY TURN DOWN $30k FOR YOUR USED 2012 Z ???

I do realize it's still a leased car & you don't own it, but that can be worked with & taken care off.

SO DID YOU TURN DOWN $30K ?????

andre12031948 · 12-10-2013, 12:42 PM

Every year our cars go up

Oh, I don't remember that Edmunds BUYS cars

12-06-2013, 03:27 PM	#3 (permalink)
andre12031948 Banned Join Date: Feb 2011 Location: monticello new york 127 Posts: 1,095 Drives: 08 350z black 6m/t Rep Power: 0	Good news! Really!! There most likely is something in the lease that allows/won't charge you for some wear & tear costs. Then again if you buy your lease car, the car can be in little pieces & the manufacturer WON'T charge you for the damage. NOT ONE PENNY!!! Honest!!! Last edited by andre12031948; 12-06-2013 at 03:30 PM.

12-06-2013, 08:01 PM	#10 (permalink)
andre12031948 Banned Join Date: Feb 2011 Location: monticello new york 127 Posts: 1,095 Drives: 08 350z black 6m/t Rep Power: 0	don't be shy It's raining ice tonight I'm home with nothing to do.

12-06-2013, 08:08 PM	#11 (permalink)
andre12031948 Banned Join Date: Feb 2011 Location: monticello new york 127 Posts: 1,095 Drives: 08 350z black 6m/t Rep Power: 0	I had very serious brain trauma recently, STILL I can't go this SLOW!!! What's the story???? When is your z with low mileage & $23k residual due?

12-10-2013, 12:42 PM	#15 (permalink)
andre12031948 Banned Join Date: Feb 2011 Location: monticello new york 127 Posts: 1,095 Drives: 08 350z black 6m/t Rep Power: 0	sure you'll have equity in a year from now Every year our cars go up Oh, I don't remember that Edmunds BUYS cars

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12-06-2013, 07:27 PM	#8 (permalink)
Amj2020 Enthusiast Member Join Date: Mar 2012 Location: NY/LI Posts: 393 Drives: MB Z,Jeep,BMW Rep Power: 14	Well thanks for all the input... I do know enough about leasing but I figured it out... its called the 'disposition fee' and its centered right in the middle of the contract but no where does it show that its due to not being put into another Nissan product. Im going to fight it anyway. So this is something others can look at and learn from. Andre this was only for my maxima not the Z I know the terms of the Z and I think I got a great deal...its a 12 and has a 23k residual and I only have 1500 or so miles on it ...thanks for all your input...