Is your Toyota lease about to end and are looking for your Toyota lease-end options?
The VAST majority of those who end their Toyota leases regret it. Because car dealerships use high-pressure sales schemes to move us into a new Toyota lease at full price. Or, if we decide to get a different car, we get the runaround.
Most people have no idea that leasing a car is no different than financing a car. In fact, we can save thousands and thousands of dollars just by asking for the savings. (I have case studies about this here.)
So before you look at your Toyota lease-end options, I would look through my leasing tips and strategies here… this helps you make the right decisions when turning in your leased car.
Toyota lease-end resources
Car lease is up – now what?
Toyota lease return information
Toyota Financial Support Services Lease End Representative
I just got this question about what happens when you return a leased car for a new leased car using the same leasing company:
I was hoping to get some useful advice regarding a lease return.
I’m currently in the 3rd year of my 3 year lease through Chrysler Capital. I have 6 payments remaining (about $2000). I’m located in Southern Ca.
I’m looking to upgrade into a 2018 of the same make and model. The lease quote I received is:
SALE PRICE: 38,450
LEASE REBATES: -3,250
ADJUSTED SALE PRICE: 35,200
36 MONTHS; 12K MILES PER YEAR; TOTAL OUT OF POCKET: 1,000
MONTHLY PAYMENT: 450.13 PLUS TAX = 492.89/MONTH
I haven’t yet informed the dealer about my lease return. What’s the best way to ask the dealer for a buyout without being taken advantage of?
What about my current tags, they don’t expire until June 2018, why can’t I keep my tags and save on registration fees?
Any help you can provide would be appreciated.
Continue reading “Question: How should I handle my lease return and get a new lease?”