I have a Lease car I want to get rid of. Thanks
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Who knows anything about voluntery reposession?
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My dad was known to park vehicles on the property of the note holder and put the keys in the mail or night deposit box.Last edited by 68scott385; July 18, 2012, 08:00 PM.
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Dropping car off and turning keys in could end up as a negative on your credit report.
You could try to call lease company and negotiate an early release. Give 'em the big sob story.
Here's a link to a sight that might help.......just found it on the web.
Thom
"The object is to keep your balls on the table and knock everybody else's off..."
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You'd probably want a lawyer where you live to look at the problem under your state's laws (internet advice is generally worth what it costs).
As for helping yourself, step one would be to read all that fine print that nobody ever reads before signing to see if the lease has an early termination provision and/or penalty. If not, is there some defect with the vehicle (that you didn't cause) that makes it not what you thought you were getting?
Then read to see whether the lease is transferrable and how. Then read to see if disputes between you and the leasing company require arbitration, mediation, or regular old lawsuits.
After you have knowledge of your lease rights, there may be an apparent way out of the "trap." Following all lease termination/dispute provisions "to the letter" will give you a better chance of skipping out with some or all of your credit intact.
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FNG don't know how to properly quote & post.Last edited by 68scott385; July 19, 2012, 05:38 PM.
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Originally posted by Monk View PostDropping car off and turning keys in could end up as a negative on your credit report.
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Originally posted by KeithTurk View PostFuel rail issues eh...... in Alabama we call that " Selling it to the Yankee's "I R Bob
You can't drink all day unless you start in the morning!
2007 LH, 2008 LH, 2009 LH, 2010 LH, 2011 LH, 2012 DNF/BLOW'D UP, 2013 LH, 2014 LH
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