Re: Lease Buyout Negotiation - Saab General Bulletin Board - Saabnet.com
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Re: Lease Buyout Negotiation
Posted by pursnag (more from pursnag) on Tue, 25 Mar 2003 12:00:51
In Reply to: Lease Buyout Negotiation, Ted, Tue, 25 Mar 2003 11:49:42
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Call them and ask if they would waive a few months of payments if you bought the car now, tell them you heard that is what the leasing companies have been doing. Don't tell them the mileage. It look like you would owe about $3,000 in excess mileage charges if you turn it in plus any excess wear and tear they find, so you if you buy the car then your cost is really $16,500 less any payments they waive, and you own it. Also say that you would be inclined to a buyout if they can arrange some low interest financing for you, after all you are a proven good credit. They really don't want these things back, the used car market is dropping like a rock due to all of the lease turn ins and low financing on new cars.
Let us know what happens.
posted by 208.212.2...
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