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post #1 of 6 (permalink) Old 05-15-2003, 02:33 AM Thread Starter
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Breaking a lease

Does anyone know what all is involved in terms of breaking a lease on a car? If I can find someone to take over the pymts, can't I just transfer it over to them? Reason I'm asking is, some stuff has come up and I'm thinking about ditching the MkIV in favor of a MkIII VR6. But right now I'm just really [img]images/smiles/icon_confused.gif[/img] about life in general, so who know's what's going to happen.....
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post #2 of 6 (permalink) Old 05-15-2003, 06:47 AM
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Breaking a lease

I suppose it depends on what dealership you go to, they all have their own ways of dealing with it. Either they have early lease trade-ins, which allow you to break your lease with no penalty for somewhere up to six months, I believe. Or you can do what I had to do to get out of my Jetta ... the remaining payments just get tacked on to the payments of your car that you would want to get. Which, I know, really sucks, but that's just one of the problems that come with getting a lease.
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post #3 of 6 (permalink) Old 05-15-2003, 11:28 AM
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Breaking a lease

It more then likely will cost you money Jonny. If I were you I would compare the amount of money they want you to come up with to get out like that:

(Amount they want) vs. (monthly payment * Y Months)

Where: Y is the number of months you think you will be in "crisis".

Keep in mind it is easier to come up with a monthly payment each month then a whole lot of money right off the bat.
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post #4 of 6 (permalink) Old 05-15-2003, 05:52 PM
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Breaking a lease

?? Why so discontent Johnny-boy? I thought you liked your car.

Hey, before you trade it in, swap wheels and exhaust with me.. [img]images/smiles/icon_biggrin.gif[/img]
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post #5 of 6 (permalink) Old 05-19-2003, 10:39 PM
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Breaking a lease

From my experience you will have all your remaining payments rolled into the payments for your new car. That's what they told my dad when he wanted to get rid of his Nissan. I'm pretty sure that's what my VW dealership does too.
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post #6 of 6 (permalink) Old 05-20-2003, 12:22 AM Thread Starter
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Breaking a lease

<BLOCKQUOTE><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><HR>Originally posted by fli gti:
?? Why so discontent Johnny-boy? I thought you liked your car.

Hey, before you trade it in, swap wheels and exhaust with me.. [img]images/smiles/icon_biggrin.gif[/img]
<HR></BLOCKQUOTE>


It's not the car that's the problem, but it's a mute point now. No go on the wheels!!! [img]images/smiles/icon_razz.gif[/img]
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