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KobeDunk
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Joined: 23 Sep 2004
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 Posted: Thu Feb 08, 2007 2:10 pm Post subject: Want to get out of a lease... HELP!!! |
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I currenty have a 2005 Infiniti g35 coupe which I leased in November of 2005 for a 43 month lease ( I think its 43 ).
Since then I got a job by LAX and my comute is horrible, 405 south and back up at 4pm. You could imagine how much fun it is with a stickshift car. I desperately want to get out of this lease but at the same time I don't want to be completely ripped off!! What can I do? Am I totally screwed ??? |
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999
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Joined: 19 Oct 2006
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| Posted: Thu Feb 08, 2007 2:12 pm Post subject: |
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| Why in the hell did you lease?????? |
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Mike@LG
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Joined: 10 Apr 2001
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Location: Orange County, CA
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| Posted: Thu Feb 08, 2007 2:12 pm Post subject: |
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Proof that stickshift isn't everything.
I wonder if you could go back to the dealer and ask to switch to an auto car with comparable mileage off of their certified preowned lot.
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999
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Joined: 19 Oct 2006
Posts: 20267
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| Posted: Thu Feb 08, 2007 2:32 pm Post subject: |
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| Mike@LG wrote: | Proof that stickshift isn't everything.
I wonder if you could go back to the dealer and ask to switch to an auto car with comparable mileage off of their certified preowned lot. |
are you still Mr2 shopping |
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Mike@LG
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Joined: 10 Apr 2001
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Location: Orange County, CA
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| Posted: Thu Feb 08, 2007 2:39 pm Post subject: |
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Not yet.
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KobeDunk
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Joined: 23 Sep 2004
Posts: 26849
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| Posted: Thu Feb 08, 2007 2:45 pm Post subject: |
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| Mike@LG wrote: | Proof that stickshift isn't everything.
I wonder if you could go back to the dealer and ask to switch to an auto car with comparable mileage off of their certified preowned lot. |
Its not really about the stickshift, its everything... the gas, the payments... I want to save some money also. I feel so stuck!  |
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999
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Joined: 19 Oct 2006
Posts: 20267
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| Posted: Thu Feb 08, 2007 3:09 pm Post subject: |
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| KobeDunk wrote: | | Mike@LG wrote: | Proof that stickshift isn't everything.
I wonder if you could go back to the dealer and ask to switch to an auto car with comparable mileage off of their certified preowned lot. |
Its not really about the stickshift, its everything... the gas, the payments... I want to save some money also. I feel so stuck! |
theres only one thing to do to get out of a lease on a luxury....
you have to downgrade yourself.....AND I MEAN BIG downgrade.....IF and only if you dont want to lose money.... and dont lease next time... purchase for 5 years
im talking about the kimchi market... hyundai, daewoo, kia............
or even saturn a possibility YOU can try Scion |
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LarryCoon
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Joined: 11 Aug 2002
Posts: 11266
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| Posted: Thu Feb 08, 2007 3:14 pm Post subject: |
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Yep, too late now but you lease for one of two reasons:
1. You're a business and it makes better tax sense to do so.
2. You want more car than you can afford.
Leases are -very- profitable for leasing companies, and since you're footing the bill, that makes them very unprofitable for you.
I'd say read your lease contract and see what's in there about early termination -- but be prepared for it to cost you. |
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LakersRGolden
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Joined: 13 Jan 2002
Posts: 7933
Location: Lake Forest
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| Posted: Thu Feb 08, 2007 4:03 pm Post subject: |
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Still may save you in the long run to just take the hit.
Buy certified pre-owned (< 25K miles).
Much cheaper insurance.
Pre-Depreciated. |
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Ziggy
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Joined: 10 Feb 2005
Posts: 12725
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| Posted: Thu Feb 08, 2007 4:11 pm Post subject: |
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| I have the same car but I bought it. Personally, I would quit my job or move before ever getting rid of it. But I feel your frustration. Driving stickshift in traffic sucks. I find that it keeps me more focused on driving though. Especially at night when I'm tired. Anyway good luck. |
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999
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Joined: 19 Oct 2006
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| Posted: Thu Feb 08, 2007 4:13 pm Post subject: |
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| Ziggy wrote: | | I have the same car but I bought it. Personally, I would quit my job or move before ever getting rid of it. But I feel your frustration. Driving stickshift in traffic sucks. I find that it keeps me more focused on driving though. Especially at night when I'm tired. Anyway good luck. |
you guys dont know traffic until you visit india.... Then (bleep) to me about traffic |
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tlim
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Joined: 26 Jun 2002
Posts: 6649
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| Posted: Thu Feb 08, 2007 5:05 pm Post subject: |
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Which reminds of the commute...
Anyone know the best routes to go home during rush hours from Santa Monica to the Arcadia area? It all seems bad these days. |
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Tony Montana
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Joined: 18 Apr 2005
Posts: 2962
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| Posted: Thu Feb 08, 2007 5:23 pm Post subject: |
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This is why I don't live in or near LA, even though I could make even more cheddar by doing so...
Dealing with the traffic on a daily basis would turn me criminally insane after a few months... |
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Ares24
Star Player
Joined: 12 Sep 2006
Posts: 4122
Location: 7.50 miles away from Staples Center.
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| Posted: Thu Feb 08, 2007 9:12 pm Post subject: |
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| Tony Montana wrote: | This is why I don't live in or near LA, even though I could make even more cheddar by doing so...
Dealing with the traffic on a daily basis would turn me criminally insane after a few months... |
well since i been living in LA all my life, i would say you get use to it  |
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KobeDunk
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Joined: 23 Sep 2004
Posts: 26849
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| Posted: Fri Feb 09, 2007 8:02 am Post subject: |
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I think i found a deal I could work with.
Mazda 3, $1000 down 420 a month. It may be a lot monthy wise for a Mazda 3 but I'm saving on insurance, gas and one more thing, TIRES!! $400 a piece for the G35 tires when they go in the next few months! |
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999
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| Posted: Fri Feb 09, 2007 8:55 am Post subject: |
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420 a month for five years????? plus a 1000 down with your trade in... FOR a mazda 3!!!!
you are getting ripped off son
do the math.... trust me.... get a hyundai tiburon or sonata you will be saving yourself loads of cash on everything including payments |
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KobeDunk
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Joined: 23 Sep 2004
Posts: 26849
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| Posted: Fri Feb 09, 2007 9:12 am Post subject: |
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| Lakers999 wrote: | 420 a month for five years????? plus a 1000 down with your trade in... FOR a mazda 3!!!!
you are getting ripped off son
do the math.... trust me.... get a hyundai tiburon or sonata you will be saving yourself loads of cash on everything including payments |
its a 24month lease.... then im free of the leasing business.... thoughts?
ps. I'm about $4K upside down with my Infiniti lease.... |
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Kobe_Please_Stay
Starting Rotation
Joined: 06 Apr 2004
Posts: 604
Location: Burbank, Ca
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| Posted: Fri Feb 09, 2007 9:22 am Post subject: Re: Want to get out of a lease... HELP!!! |
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| KobeDunk wrote: | I currenty have a 2005 Infiniti g35 coupe which I leased in November of 2005 for a 43 month lease ( I think its 43 ).
Since then I got a job by LAX and my comute is horrible, 405 south and back up at 4pm. You could imagine how much fun it is with a stickshift car. I desperately want to get out of this lease but at the same time I don't want to be completely ripped off!! What can I do? Am I totally screwed ??? |
Try http://www.swapalease.com
It works...
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999
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Joined: 19 Oct 2006
Posts: 20267
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| Posted: Fri Feb 09, 2007 9:31 am Post subject: |
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| KobeDunk wrote: | | Lakers999 wrote: | 420 a month for five years????? plus a 1000 down with your trade in... FOR a mazda 3!!!!
you are getting ripped off son
do the math.... trust me.... get a hyundai tiburon or sonata you will be saving yourself loads of cash on everything including payments |
its a 24month lease.... then im free of the leasing business.... thoughts?
ps. I'm about $4K upside down with my Infiniti lease.... |
soo.. you are paying $7,080 dollars on a car that you are using for 2 years and you can only put 24,000 miles on it...
... doesnt a 3 have an MSRP of 15000?? i dunno its up to you bro...
in actuality you are $11,080 dollars for 2 years on a car that doesnt belong to you.... I would purchase cheap to get out of a lease...
Im only trying to help |
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Lakers_2000
Star Player
Joined: 12 Apr 2001
Posts: 8333
Location: Cincinnati, OH
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| Posted: Fri Feb 09, 2007 1:06 pm Post subject: |
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Moral of the story: Don't lease.
It makes sense for virtually no one. |
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buduan
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Joined: 24 Feb 2002
Posts: 773
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| Posted: Fri Feb 09, 2007 1:25 pm Post subject: |
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| Lakers_2000 wrote: | Moral of the story: Don't lease.
It makes sense for virtually no one. |
Not true. For a second car or a car for your wife who only drives your kids to school and back it's ideal. Even more so for retirees who rarely drive but want something nice to cart around in. My grandmother leases new cars every 2 years and she never eclipses 5k miles in that time frame. |
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chef
Star Player
Joined: 04 Feb 2003
Posts: 5360
Location: Honda full of Silver
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| Posted: Fri Feb 09, 2007 2:40 pm Post subject: |
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| tlim wrote: | Which reminds of the commute...
Anyone know the best routes to go home during rush hours from Santa Monica to the Arcadia area? It all seems bad these days. |
Lincoln to the 105 right past LAX???
I don't know where Arcadia even is though, near Bellflower? |
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daxeqtr
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Joined: 23 Jun 2005
Posts: 423
Location: Southern California
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| Posted: Fri Feb 09, 2007 3:28 pm Post subject: |
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| chef wrote: | | tlim wrote: | Which reminds of the commute...
Anyone know the best routes to go home during rush hours from Santa Monica to the Arcadia area? It all seems bad these days. |
Lincoln to the 105 right past LAX???
I don't know where Arcadia even is though, near Bellflower? |
Near Monrovia and Pasadena |
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quetalmanolo
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Joined: 14 Nov 2006
Posts: 493
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| Posted: Fri Feb 09, 2007 3:32 pm Post subject: |
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| Just buy a used corola, civic, or anything that's reliable for like $3-$4k and use that to commute. Just an Idea. |
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Mike@LG
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Joined: 10 Apr 2001
Posts: 65135
Location: Orange County, CA
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| Posted: Fri Feb 09, 2007 3:34 pm Post subject: |
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^Novel idea.
Really, save yourself a financial headache.
'98 - '00 Corollas would just be a one-time fee of roughly $3k-$4k pending mileage and condition.
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