Originally Posted by cinch
The vehicle was never abused, it was in very good shape except for the mileage and the odor of my dog who went everywhere with me. -------
"If you pay it off it's yours". If that is so why would they make you pay penalties if they were going to give you the vehicle once you paid off the initial payments? If they give you the vehicle after the payment period if would just be a straight purchase and not a lease.
Sounds like you answered that yourself on the penalties then. You signed a contract, you broke it with the excessive milage and your dog. Lease is still yours when paid off in the end if
you stick to the contract. I have three big (but clean) dogs, but keep waterproof seat covers and double floor mats, clean often; can't even tell in the end, don't even use air fresheners. I guess it also depends on how lenient the dealer is and or if they want to make a sale or not. It's a shame they treated you badly not all dealerships are like that, mine certainly isn't.
Originally Posted by Matic
And why would you want a truck that took you 14 yrs to pay off because you got low payments and it took you twice as long.
It's called a "lease" as in "loaner". I understand you have the option on most leases to purchase the vehicle after your contract ends but why would you.
Besides, most leases I have seen lately are pretty close to what a regular payment would be on a vehicle and your not bound by a contract saying you can only put 12000 miles or whatever on the vehicle per year.
The only advantage I see to leasing is I guess you dont have to pay for mechanical repairs and insurance? is that correct? Like "leasing" and apt.
just my .02
I still have my '86 camry. 170,000 miles and still the first out of the gate on green. I go into a lease for the low payment, as I said before, I prefer more cash in my pocket each month.. always plan to buy in the end anyway. Toyotas keep going we all know that. No reason not to buy them at the end of a lease, unless you simply like driving new trucks -- or if you are offered sweet deals.
cinch has a crappy dealership. Not all are like that. I went over miles in one of my other leases and they didn't even mention it, too busy selling me a larger tacoma. To buy the payment would have been $499 a month, I am only paying $259 a month with my lease... There are good days to go in to buy or lease, depends on the given sale at the time.
And no. I don't have to pay for maintenance or repairs for the first few years of this lease. My first free oil change, tire rotation and inspection is next April. After that deal ends I still have the 7 yrs bumper-bumper which I received $400 off in the deal the night I bought him.