Quote:
Originally Posted by SuperSound
Dodge dealer was trying to do the same thing to me. I have 8 payments left on my lease when I went to look at a SP Charger. So what they don't tell you is they are going to roll those payments into the new lease. So now you will be a leasing a car worth less than the Cap cost. This is an absolutely terrible idea in 98% of cases. Very few cars will actually be worth more than the buyout at the end of a lease. Not impossible but very unlikely.
As for turn in, most likely what the dealer would do is buyout the car and then it's theirs to do with what they want. I suppose they could hold onto it (since they have now rolled your remaining payments into your new lease) then turn it end at the end of the term.
Bottom line, run from this. Unless you are down to your last 1 or 2 payments, it will most likely work out against you. If down to those last payments, you may be able to negotiate the difference in price off the new car.
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thanks for the info.
yea, shes down to her last 2-3 payments but is in no rush to trade it in. so we're going to wait it out. but the dealer wont stop calling now, to the point where we're probably going to use a different one. I hate car shopping