2013 Altima Sl

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Originally Posted By: satinsilver
You bet. I'm more familiar with the Accord and Camry. I know that Honda financial has at least a $500 damage allowance at the end of the lease for wear and tear items/worn tires etc. At one time it was up to $1500-2000. A friend who's a sales rep for Toyota has told me Toyota financial is easy to get financing with. A lot of the Toyo dealers still have 12 Camrys around that may lease out pretty well. I'm sure their anxious to move them out. I could be wrong but I think Nissan may have some weird disposition fees at lease end. Which may be a reason to avoid them this time around.

Also check out www.leasetrader.com . Someone may want to assume your lease from you for a year.


Naturally you can't transfer your lease, only to a family member just my luck! The Infiniti is like ball and shackle around my ankle
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So the money i owe on the lease would increase the lease payments per month on the altima SL or I can wait out the 5 months or keep plugging away with nissan.
 
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Originally Posted By: Grambo

So the money i owe on the lease would increase the lease payments per month on the altima SL or I can wait out the 5 months or keep plugging away with nissan.


Yeah, i think your right, that's basically your options. You may be able to get a better lease rate (lower int. rate) when you trade in on another Nissan car. I'd talk to a dealer sales rep. they may be willing to help lower you monthly payment
 
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It is tough to get out of a lease- they will do it, but they are going to roll the amount into the new payment. Once that is included, you can get rid of all those nice cheap lease numbers. Plus, a lot of the attractive lease numbers have low mileages. Stick with it and let it go when the time is up.

ref
 
Are you saying you have 5 months left in your lease?

How do you get ahead by saving $1000 on lease payments if you have to pay $2K+ to acquire a newly leased car?

Seems like the low cost option is to ride out the current lease for the next 5 months and then make a more affordable choice when that time comes.

One other option is is the car worth MORE than the residual value? Maybe you could buy out the car for the residual value and own it for less than you are paying in lease payments, and/or sell it and earn a little coin?
 
So let's see if I understand the situation.

You wanted a flashy G37X, but you couldn't really afford it so you leased it. Now, between the lease payments and other things, finances are tight and you're struggling financially. You're exploring options to walk away from the car on which you're currently paying an exorbitant lease amount. Correct so far?

And if you do manage to find a way to dump the current car, rather than purchase a car that you can actually afford, one that will allow you the money to get your finances in order, you're planning to continue down the same path that's leading you to financial ruin and lease another brand new car because you test drove it and you're "hooked". Does that sound about right?

Do you really not understand what a bad financial move leasing a vehicle is? Do you really not understand that leasing your current car was one of the things that made your financial situation, by your own admission, tight?

If you prefer to continue down the same path of financial screw-ups that put you in this position in the first place, then by all means knock yourself out and lease another new car. If you need a new car to prop up a shallow self image, and it's worth ruining your finances, then by all means lease another new car. If you want to drive something you don't actually own, but need it to show off and pretend to be successful, while in reality you are struggling financially, then by all means lease that new car.

But if you want to get your finances in order, and want to stop being a slave to lease payments, then fulfill your current obligation, get rid of the car at the end and buy an inexpensive car that you can actually afford.
 
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