jumper03 0 #1 March 1, 2005 I'd love to keep it but just don't make enough money. How I got is best left for the dogs to gnaw on out back. The car is leased. Turning it back in is an option but I'd get it in the rear hard. So I'm going to put it up for sale. For anyone who has dealt with this, would it be easier to get a loan and purchase the car myself first, or just have a prospective buyer just pay off the lease themselves? Which involves the least hassle? I'm tempted to purchase the car on a loan myself as that would lower the monthly payment, but the pay-off amount to the bank will be higher for who ever is buying. decisions, decisions.....Scars remind us that the past is real Quote Share this post Link to post Share on other sites
Darius11 12 #2 March 1, 2005 Just have someone take over the leaseI'd rather be hated for who I am, than loved for who I am not." - Kurt Cobain Quote Share this post Link to post Share on other sites
jumper03 0 #3 March 1, 2005 just how hard is that to do though? They have to be approved by the lease holder right?Scars remind us that the past is real Quote Share this post Link to post Share on other sites
unformed 0 #4 March 1, 2005 If you can take it to somewhere like CarMax, it'll be really simple. They'll take care of all of the details. Of course, you'll get a little bit less than if you sold it to a private party.This ad space for sale. Quote Share this post Link to post Share on other sites
jumper03 0 #5 March 1, 2005 QuoteIf you can take it to somewhere like CarMax, it'll be really simple. They'll take care of all of the details. Of course, you'll get a little bit less than if you sold it to a private party. I'm not worried about getting less. I just want to get rid of it with the minimum amount of hassle possible (read smallest addition to my debt as possible).Scars remind us that the past is real Quote Share this post Link to post Share on other sites
DeNReN 0 #6 March 1, 2005 It really depends on the car and the payments(did you get shafted in the begining?)...ie: the kia rio that your paying 400 a month for..with a 5k buyout..your screwed...the toyota camry that your paying 200 a month for with a 7k buy out...your gona be just finereal hard to give advise without more details...what is your w/l on said car..does it have a cypress?? Check out the book value of the car...weigh your options from there Quote Share this post Link to post Share on other sites
WFFC 1 #7 March 2, 2005 QuoteThey have to be approved by the lease holder right? Yes, but if they default, you're still responsible. Quote Share this post Link to post Share on other sites