OT: Getting out of a Auto lease

[LightningJack]

Just throwing this out there for an FYI. (If any one cares)

I recently needed to get out of my lease on my F150. I didn't know most Car manufacturers have a provision built in and will let you out of lease to transfer to someone else. I went through a website www.Swapalease.com They act as a middleman to advertise your vehicle and help you find someone to take over your lease payments or get into someone' else's vehicle for the remainder of the lease.

Tried trading it in (even where I bought my used vehicle) but dealers were all 3-5K short on buyout price. A guy from Texas got my truck and paid several hundred dollars to have it shipped. Had two other guys from Nevada and Louisiana wanted the truck as well. No local interest, Huh.

There is another website called Lease Trader but they didn't seem to have the volume Swapalease has. Just thought I would put this out there in case any other RSS brethren might be in a similar situation. I took a 1K hit instead of 3-5K, so calling it a win.

Now for the "I would never lease comments"

 

[Huskerfan2112]

So clearly you own all or part of swapalease?

 

[JaySker402]

havent been in a lease since college. ive purchased my last few vehicles. drive them for 10, upgrade. Got a few years left on my 2012 jeep, although my 13 year old has his eyes on it.

 

[JohnRossEwing]

havent been in a lease since college. ive purchased my last few vehicles. drive them for 10, upgrade. Got a few years left on my 2012 jeep, although my 13 year old has his eyes on it.

Wrangler?

I have a Jeep Grand Cherokee right now and it has been great for me. I am going with a Wrangler (again) soon.

 

[Sinomatic]

Just throwing this out there for an FYI. (If any one cares)

I recently needed to get out of my lease on my F150. I didn't know most Car manufacturers have a provision built in and will let you out of lease to transfer to someone else. I went through a website www.Swapalease.com They act as a middleman to advertise your vehicle and help you find someone to take over your lease payments or get into someone' else's vehicle for the remainder of the lease.

Tried trading it in (even where I bought my used vehicle) but dealers were all 3-5K short on buyout price. A guy from Texas got my truck and paid several hundred dollars to have it shipped. Had two other guys from Nevada and Louisiana wanted the truck as well. No local interest, Huh.

There is another website called Lease Trader but they didn't seem to have the volume Swapalease has. Just thought I would put this out there in case any other RSS brethren might be in a similar situation. I took a 1K hit instead of 3-5K, so calling it a win.

Now for the "I would never lease comments"

My grandfather leased a new car every year, I'm told. He died poor. True story

How did I do?

 

[huskerfan66]

Wrangler?

I have a Jeep Grand Cherokee right now and it has been great for me. I am going with a Wrangler (again) soon.

I've got 3 grand Cherokee and a wrangler. Love them. They are older with the 4.0 6 cylinder. So so on gas mileage but pretty darn dependable and easy to work on.

 

[huskerfan66]

Just throwing this out there for an FYI. (If any one cares)

I recently needed to get out of my lease on my F150. I didn't know most Car manufacturers have a provision built in and will let you out of lease to transfer to someone else. I went through a website www.Swapalease.com They act as a middleman to advertise your vehicle and help you find someone to take over your lease payments or get into someone' else's vehicle for the remainder of the lease.

Tried trading it in (even where I bought my used vehicle) but dealers were all 3-5K short on buyout price. A guy from Texas got my truck and paid several hundred dollars to have it shipped. Had two other guys from Nevada and Louisiana wanted the truck as well. No local interest, Huh.

There is another website called Lease Trader but they didn't seem to have the volume Swapalease has. Just thought I would put this out there in case any other RSS brethren might be in a similar situation. I took a 1K hit instead of 3-5K, so calling it a win.

Now for the "I would never lease comments"

Glad it worked out for you in the long run.

 

[LightningJack]

My grandfather leased a new car every year, I'm told. He died poor. True story

How did I do?

Your in the ballpark I could afford to buy the truck, but decided I'm going back to school this fall. I've had some sort of car payment for 20 years, always like having something new. Bought a used 2014 Forester, not exciting but should be dependable and good in the snow.

 

[TruHusker]

Worked with a guy who fixed up an older car really nice, fancy paint job, you would recognize it everywhere. That was his daily driver. When he went on a trip or out of town he leased. He said over the years he saved a ton of money on insurance and car payments. I see the point.

 

[Tuco Salamanca]

My worst leasing horror story turned out ok. We went over the mileage and planned on buying the car, but toward the end of the lease, the dealership, when doing the oil change tightened the oil filter so tight that he sliced it. Long story short, the thing starts leaking and I run out of oil. I take the car back in, they do their check to make sure there is nothing wrong. At this time, we decide, no way are we buying this thing. So we go into the dealer to turn it in and he says we own some $4200 for mileage. So we talk it over and tell him, we'll buy it. So we bought out the lease, the mileage overage goes away, and about 3 weeks later, after we got the title transferred and everthing, we went back to the dealer and traded it in for what we paid for it. Ended up losing about $800 or so, but it sure beat $4200 or keeping a car that ran without oil for some time.

 

[Sinomatic]

Your in the ballpark I could afford to buy the truck, but decided I'm going back to school this fall. I've had some sort of car payment for 20 years, always like having something new. Bought a used 2014 Forester, not exciting but should be dependable and good in the snow.

Wow! Good job on keeping up w the payments, but good night Irene that's sounds expensive.

 

[huskerfan66]

My worst leasing horror story turned out ok. We went over the mileage and planned on buying the car, but toward the end of the lease, the dealership, when doing the oil change tightened the oil filter so tight that he sliced it. Long story short, the thing starts leaking and I run out of oil. I take the car back in, they do their check to make sure there is nothing wrong. At this time, we decide, no way are we buying this thing. So we go into the dealer to turn it in and he says we own some $4200 for mileage. So we talk it over and tell him, we'll buy it. So we bought out the lease, the mileage overage goes away, and about 3 weeks later, after we got the title transferred and everthing, we went back to the dealer and traded it in for what we paid for it. Ended up losing about $800 or so, but it sure beat $4200 or keeping a car that ran without oil for some time.

The dealership didn't own up to the fact that they basically ruined your engine??

 

[Huskerfan2112]

They dont call them “fleeces” for nothing

 

[litespeedhuskerfan]

Leases make sense for the well to do, and in those cases I get it. Otherwise, when you figure everything you have in that car, and I mean everything, when you turn it back in, you basically rented a car for a few years you had to give back, and spent thousands and thousands and thousands to do it, and you're left without a car in 36 months, and are on a leash with the odometer the whole time. I don't get it personally, but then again I ride a $7,500 bike and I'm pretty sure a lot of people would find that equally insane. We all have our "issues"

 

[Tuco Salamanca]

The dealership didn't own up to the fact that they basically ruined your engine??

They claimed they found no damage. So they had a hard time using that against me when I traded it In

 

[JohnRossEwing]

I leased twice...I would never do it again but I liked it at the time...then when the lease was up and I realized how much it would cost me to buy the car I had just paid on for 3 years I was unhappy!

 

[schuele]

There’s nothing inherently wrong with leasing, it’s just never close to as good a deal as the ads suggest. If you understand all the details and still decide a lease is for you - go for it. But many people don’t, and get floored by the actual cost.

 

[bigboxes]

My worst leasing horror story turned out ok. We went over the mileage and planned on buying the car, but toward the end of the lease, the dealership, when doing the oil change tightened the oil filter so tight that he sliced it. Long story short, the thing starts leaking and I run out of oil. I take the car back in, they do their check to make sure there is nothing wrong. At this time, we decide, no way are we buying this thing. So we go into the dealer to turn it in and he says we own some $4200 for mileage. So we talk it over and tell him, we'll buy it. So we bought out the lease, the mileage overage goes away, and about 3 weeks later, after we got the title transferred and everthing, we went back to the dealer and traded it in for what we paid for it. Ended up losing about $800 or so, but it sure beat $4200 or keeping a car that ran without oil for some time.

That's why the only person who changes the oil in my car is me. Been that way for over 25 years. I know what goes in my car and I don't cheap out on the filter. That and I don't cross thread the drain plug.

 

[litespeedhuskerfan]

That's why the only person who changes the oil in my car is me. Been that way for over 25 years. I know what goes in my car and I don't cheap out on the filter. That and I don't cross thread the drain plug.

I was a self employed claim adjuster for 15 or the last 16 years, one of my clients insured a oil change place here in town, and every other month(ish), somebody who had their oil changed at one of their locations would make a claim because they forgot to fill it back up with oil, (this goes back a few years, last time was 10 years ago). No joke though, it happened. Half of them would stop driving right away and kind of brag about it like they did the right thing, I always tell people if you suspect it's happened to you drive it till it blows so you don't get into a rebuilding engine fight with the ins company. Blow the sucker up and get a new motor, once it's been run on no oil to the point it starts getting noisy, I wouldn't want to own it anymore.

 

[huskerfan66]

They claimed they found no damage. So they had a hard time using that against me when I traded it In

Well I guess you got lucky in the fact that it didn't completely run out of oil

They claimed they found no damage. So they had a hard time using that against me when I traded it In

I guess you got lucky if it didn't totally run out of oil. Doesn't take long to wreck it. You made the right decision by sending it down the road.

 

[Hoosker Du]

They claimed they found no damage. So they had a hard time using that against me when I traded it In

I love it! You cornered 'em.