Lease return help

sofaonasock

Lease disposition fee if you return the vehicle. Triple check your contract when you signed it

__________________
09 370Z Sports Touring 6MT

Shadezz

Find another dealer and just trade it...don't give it back to the bank. You have this option at anytime during a lease....everyone thinks they have to give it back to the bank.

What is the residual value or buy out? Now you can buy it, sell it on the street, trade it or last resort give it back to the bank. I've leased 9 cars and have always made money by selling a few months before lease is up or trading it in. (Toyota and nissans)

What's the book on it? Doing good research on ACV ( actual current value) of both the car your trading and the one you are purchasing will ensure a great back of invoice purchase price along with a strong trade value. Edmunds.com is your friend on regional prices that others are paying for used and new.

__________________
2012 370Z BLACK EDITION/ FLT BLK Rays / 5% 3M Tint / DW's / Z1 SS & 2 Piece Rotors
Nismo S-Tune OEM / Beluga CBE & Y-PIPE / DDX370 / GTR Start .4 Fluid / NST Blue Kit

Amj2020

Hey Shadezzzzz anyway I realize with this low mileage and a residual of 23k I will most likely (hopefully) have some equity in the car when the lease is up next year. I was considering just buying the car and either a) selling privately and making a few K, or just keeping it as I really do like the car. Edmunds is giving me a value of around 30k as of right now, a little less than I hoped but I guess its because of the price drop of the sticker. I realize I will pay taxes again, any other hidden fees I should expect if I buy it at the residual price?
Thanks again

Amj2020

You come across as ignorant and unable to read, not cruel or mean. Based on basically no one responding to your moronic questions, thoughts, etc, it must be close to the truth. Typical for a 'lease manager' but hey what do I know. You are making a lot of assumptions without me even saying anything, and ranting on and on here on a forum where a simple question was posed and you keep rattling on meaningless points. First, everyone has different financial situations and you don't have a clue about mine. Secondly, you don't even know the deal I worked out on my Z and assume its one thing when perhaps... I got a very low sale price and am leasing at an extremely low price or knew someone who owned the dealership. Third, you need to relax this forum is a great place except when you run into members like you. Glad I did not lease at any dealership you ever worked at.

andre12031948

Fair enough but from experience I can tell you that dealers get there factors, residual numbers, best/special rates for 2 or 3 year leases, everything from the Manufacturer's bank. In Nissan's case it's NMAC. That's why no matter who you know or what you think, YOU PAID THE PRICE!!!

Also I kind of stretched the truth about being a business manager. I didn't lie, I did do some leasing a long time ago before it was set up in the computers. I was given a chance to learn/understand them & do some of them with pencil, paper & a calculator. Best way to learn.

As far as the other stuff about knowing you, yes that's my problem. I don't know you, I don't understand what you did and have almost no idea what the hell you're doing/did/ or even talking about. That's the biggest problem. I'm open to listen not just to you but ANYBODY that read what you have written & thinks he understands.

I'm also(you'll be happy to hear) DONE WITH YOU!!!

shawnski

Wow ... Why so much argument??? Guys I have been In business for 15 years and pretty simple, when you lease you only pay for depreciation of the vehicle, the residual numbers are set by Nissan and money factor set by manufacture u either like the numbers and payment or you don't, payments are about 100 to 200 dollars less than financing of the car based on the price of car..YOU PAY NOW OR LATER..
There are many benefits to leasing
1. Gap insurance included in the deal.
2. Lower payments more luxury car for more affordable payment.
3. No need for extended warranty
4. Less maintenance spent
5. Get a new car and model every 3 years
6. Guarantee market value regardless of what happens to market 3 years from now
7. You have 4 option on leasing to do something with the car but two option on financing .

Why do u think people lease so many luxury cars like Beemer , Mercedes , Lexus, jaguar etc etc??

MadChemist

So when they fall apart in 2-3 years, you can get a new one and let someone else deal with fixing it.

shawnski

Bingo.. Lol