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  #1 (permalink)  
Old 13 Jul 2006, 09:18 pm
Al437737
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Default What happens if you break a lease early?

I have a 2005 accord auto ex sedan. I have a 3 year 36k mile lease. I
have 18000 mi on it. Suppose I trade it in now and wanted to go into a
2006 civic ex, what would happen? Would I end up owing or needing to
put in additional money or is it not even possible? I am in New England
in the USA if that helps.

Al

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  #2 (permalink)  
Old 14 Jul 2006, 12:49 am
Earle Horton
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Default Re: What happens if you break a lease early?

It all depends on the terms of the lease, how much you got screwed on the
purchase price and how much trade in the vehicle is worth. Many people
don't know this, but you can negotiate the purchase price on a leased
vehicle, and if you don't, you --will-- get screwed at lease termination
time. The best way to find out the answer to your question is to take your
car and paperwork to a dealer who has the car you want.

Yes, this is possible. Sometimes there are early termination penalties, but
after all, if you want a new car, then Honda wants you to have it too.

Earle

"Al437737" <alphaorder2000-genitalherpes@yahoo.com> wrote in message
news:1152843510.183415.247100@m73g2000cwd.googlegr oups.com...
> I have a 2005 accord auto ex sedan. I have a 3 year 36k mile lease. I
> have 18000 mi on it. Suppose I trade it in now and wanted to go into a
> 2006 civic ex, what would happen? Would I end up owing or needing to
> put in additional money or is it not even possible? I am in New England
> in the USA if that helps.
>
> Al
>




--
Posted via a free Usenet account from http://www.teranews.com

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  #3 (permalink)  
Old 14 Jul 2006, 08:56 am
Ron Jones
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Default Re: What happens if you break a lease early?

Don't even think about it! You are generally responsible for all the
payments until the end of the lease period. Next time buy the car!

rj


"Al437737" <alphaorder2000-genitalherpes@yahoo.com> wrote in message
news:1152843510.183415.247100@m73g2000cwd.googlegr oups.com...
>I have a 2005 accord auto ex sedan. I have a 3 year 36k mile lease. I
> have 18000 mi on it. Suppose I trade it in now and wanted to go into a
> 2006 civic ex, what would happen? Would I end up owing or needing to
> put in additional money or is it not even possible? I am in New England
> in the USA if that helps.
>
> Al
>



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  #4 (permalink)  
Old 14 Jul 2006, 02:04 pm
Al437737
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Default Re: What happens if you break a lease early?


Ron Jones wrote:
> Don't even think about it! You are generally responsible for all the
> payments until the end of the lease period. Next time buy the car!
>
> rj
>


I still want to lease in the future, but I was thinking of getting
something a little better in bad weather and the snow like the CRV LX
4WD, which should be good in the snow and has good comfort and cargo
room. I'm moving into an area which has a higher snow ratio and is more
wooded. I cannot afford the Pilot and the Element looks goofy to me.
Maybe I'll wait the 1.5 years until my lease is up.

Al

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  #5 (permalink)  
Old 14 Jul 2006, 05:06 pm
Earle Horton
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Default Re: What happens if you break a lease early?

"Al437737" <alphaorder2000-genitalherpes@yahoo.com> wrote in message
news:1152903885.977985.63210@m73g2000cwd.googlegro ups.com...
>
> Ron Jones wrote:
> > Don't even think about it! You are generally responsible for all the
> > payments until the end of the lease period. Next time buy the car!
> >
> > rj
> >

>
> I still want to lease in the future, but I was thinking of getting
> something a little better in bad weather and the snow like the CRV LX
> 4WD, which should be good in the snow and has good comfort and cargo
> room. I'm moving into an area which has a higher snow ratio and is more
> wooded. I cannot afford the Pilot and the Element looks goofy to me.
> Maybe I'll wait the 1.5 years until my lease is up.
>
> Al
>

We got my wife a CR-V and she likes it. Go talk to the Honda dealer about
this. I am sure that they want you to have that new car too.

Earle




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  #6 (permalink)  
Old 14 Jul 2006, 06:59 pm
Craig M. Bobchin
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Default Re: What happens if you break a lease early?

You can always try and find some one to take over the lease.

In article <1152843510.183415.247100@m73g2000cwd.googlegroups .com>,
alphaorder2000-genitalherpes@yahoo.com says...
> I have a 2005 accord auto ex sedan. I have a 3 year 36k mile lease. I
> have 18000 mi on it. Suppose I trade it in now and wanted to go into a
> 2006 civic ex, what would happen? Would I end up owing or needing to
> put in additional money or is it not even possible? I am in New England
> in the USA if that helps.
>
> Al
>
>

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  #7 (permalink)  
Old 15 Jul 2006, 08:42 am
Elmo P. Shagnasty
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Default Re: What happens if you break a lease early?

In article <1152843510.183415.247100@m73g2000cwd.googlegroups .com>,
"Al437737" <alphaorder2000-genitalherpes@yahoo.com> wrote:

> I have a 2005 accord auto ex sedan. I have a 3 year 36k mile lease. I
> have 18000 mi on it. Suppose I trade it in now and wanted to go into a
> 2006 civic ex, what would happen?


Jesus Christ, man, what does your LEASE CONTRACT say?

Do you have any idea what you're doing in life? Did you know that you
signed a CONTRACT with SPECIFIC TERMS?

Did you even READ the freaking contract BEFORE you signed it, or did you
just look at the monthly payment and scrawl an X on the line where the
salescreature pointed?

The CONTRACT you signed says EVERYTHING. NO ONE ELSE can tell you "what
happens if you break a lease early".

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  #8 (permalink)  
Old 15 Jul 2006, 10:57 am
Al437737
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Default Re: What happens if you break a lease early?



>
> Do you have any idea what you're doing in life? Did you know that you
> signed a CONTRACT with SPECIFIC TERMS?



Is that why your name is "ShagNASTY"? You don't have to be
condecesending, I just asked a simple question.

Al

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  #9 (permalink)  
Old 15 Jul 2006, 12:18 pm
Elmo P. Shagnasty
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Default Re: What happens if you break a lease early?

In article <1152979073.955588.301750@p79g2000cwp.googlegroups .com>,
"Al437737" <alphaorder2000-genitalherpes@yahoo.com> wrote:

> > Do you have any idea what you're doing in life? Did you know that you
> > signed a CONTRACT with SPECIFIC TERMS?

>
>
> Is that why your name is "ShagNASTY"? You don't have to be
> condecesending, I just asked a simple question.


No, you asked a question that showed you to be entirely ignorant.

You signed a contract, then a year later came to a newsgroup and asked
random people about that contract (that they've never seen, of course).

NOBODY can tell you, because every contract is unique unto itself.

I bet you don't even know where your lease contract is.

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  #10 (permalink)  
Old 15 Jul 2006, 03:06 pm
jmattis@attglobal.net
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Default Re: What happens if you break a lease early?


Elmo P. Shagnasty wrote:
> In article <1152979073.955588.301750@p79g2000cwp.googlegroups .com>,
> "Al437737" <alphaorder2000-genitalherpes@yahoo.com> wrote:
>
> > > Do you have any idea what you're doing in life? Did you know that you
> > > signed a CONTRACT with SPECIFIC TERMS?

> >
> >
> > Is that why your name is "ShagNASTY"? You don't have to be
> > condecesending, I just asked a simple question.


No, it was an idiot question that shows your financial
irresponsibility. You will need to make a lot of money in order to
keep throwing it away . . . .

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