These are my options:
1. Buy the car out at 14,000
2. Sign another lease for 3 years with another new car and break my current lease
3. Just end the lease and pay back the remaining year worth of payments
4. Sell the car to the dealership and owe back the 2,300 in sales tax
After coming home from the dealership yesterday, I talked this over with Craig. He opted that I do everything I could to just get out of the lease and he would cover any extra expenses that I would have to pay. Of course after talking with Craig, we called my Dad because he works at a dealership and I wanted a third opinion. My Dad gave me the option of selling my car back to his dealership and taking out a loan to purchase a car from him. That way I would be completely out of my lease and making payments rather than burning money. This afternoon I plan to go into the dealership and figure things out. I can tell you this much, I will never lease again! I have learned my lesson, I don't need the fancy sun roof, heated seats, leather seats, etc. and have to pay an outrageous fee every month and not even take any ownership out of the whole deal. You live and you learn!





Workout Recap: I am still sore from Insanity, it has lowered to just my calves and a short pain in my upper quad. I did some light elliptical and cycle this morning and I am setting out for a 5-6 miler run tomorrow. The weather is suppossed to be a mild 70 degrees. Perfect running weather for a Saturday!
Questions: If you run, what are your running plans for the weekend?
Have you ever leased a car? Was your experience a good or a bad one?
Any exciting vacations in your future?
Wow, leasing a car sounds TERRIBLE....
ReplyDeleteI am so jealous of your vacation in Costa Rica, it looks like SO MUCH FUN. Gorgeous!
I've thought about leasing, but the whole mileage limit has been what keeps me from doing it!
ReplyDeleteAnd that vacation sounds lovely, fingers crossed for you :)
I have never leased a car--thankfully my dad (who helped me buy my first car) knew it isn't the best deal.
ReplyDeleteHave a blast on your vacation!! I will just be getting back from Minnesota which will feel like Costa Rica compared to Alaska! Ha!