I hope there is knowledgable poster about returning a leased car. My lease ends the end of August. I want to know the best thing to do. I am currently 7K UNDER the millage restriction with bout 4 months to go... Will I get money back for being so far UNDER? If I understand it right, a lease is an estimate of what the car would be worth when I return it. So it's worth more since it has less miles right?
Also, I put $2000 down. I remember reading that the money down on a lease is a deposit for damages, is that true?? It's not a downpayment? So do I get that back? I know I have a ding on the side that they will have to fix. A couple scratches ect..
So what do I do when I return it? Do I consider buying it? I do like the car, but I think I want something bigger. However, if it saves me fees, should I buy it back and drive it another 2 years or so. Or Should I just give it back and go on for my next car search? Or Do I try to sell it to another buyer to avoid the wear n tear fees?
I know they usually give you big incentives when you trade in the car and get another car with them. It's a Nissan Altma Coupe. And I want to get an SUV, but don't care for any of the SUV Nissans. I don't think ill be able to take advantages of any of the incentives for buying with them again...
I would apperciate any advice that you have. I will provide more information if needed.
@):toast:
Also, I put $2000 down. I remember reading that the money down on a lease is a deposit for damages, is that true?? It's not a downpayment? So do I get that back? I know I have a ding on the side that they will have to fix. A couple scratches ect..
So what do I do when I return it? Do I consider buying it? I do like the car, but I think I want something bigger. However, if it saves me fees, should I buy it back and drive it another 2 years or so. Or Should I just give it back and go on for my next car search? Or Do I try to sell it to another buyer to avoid the wear n tear fees?
I know they usually give you big incentives when you trade in the car and get another car with them. It's a Nissan Altma Coupe. And I want to get an SUV, but don't care for any of the SUV Nissans. I don't think ill be able to take advantages of any of the incentives for buying with them again...
I would apperciate any advice that you have. I will provide more information if needed.
@):toast: