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yES, but you wont save much, if anything.
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∙ 13y ago
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What if your husband files bankruptcy and you have a leased car?
If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the car
How do you sell your car before the lease is up?
Lease or retail installment loan-dosen't matter. You call your lienholder, get your pay-off and sell your car. If your pay-off is greater than what you are selling the car for, "you" simply pay that "negative equity" to your lienholder. If you sell your car for $15,000.00 and you owe $20,000.00 you have to pay your finance company $5000.00 and you are done. The $5000. is called negative equity.
If the car is in his name but you helped pay for the car?
It will help him to pay off the car early for sure. What are you trying to ask really?
Can I pay an extra monthly car payment to speed up the pay-off, like on my mortgage?
Yes, if you are paying of a car loan, there is no penalty for paying over your monthly payment. However if your monthly car payment is on a lease agreement you will have to refer to the terms of your lease as to what is allowed.
Can you find a finance co that will pay off on a previous lease car with the option to buy?
Probably not. It depends on the what the car is, the car's condition, the car's market value and your credit.
What happens when you total a lease car?
When a lease car is totaled, the car company will require the car lessee to pay the lease balance to get out of the contract. This is applicable for a wrecked car and non-reparable vehicle.
Can car loans be paid off early?
It is possible to pay of car loans early, however you need to make sure that you do not have to pay for prepayment penalties if you decide to go this route. Some loans will make you pay extra for trying to pay it off early, so just double check that.
How can you terminate a car lease early?
Yes but your still obligated to pay the remaining payments. If its close then car manufacturers usually have specials where they wave 3-6 payments
If you turn in your lease early will it effect your credit?
As long as you pay any early termination fees tied to your lease, and pay off your remaining payments, it will not affect your credit. However, like with any contract that involves money, if you 'run away' from the lease, it can be turned over to collection agencies, which could then harm your credit. Hope that helps!
Do you pay taxes on a lease car in Georgia?
KLAVB602028326225
After only 35 days of signing a car lease i early terminated the lease and turned the car in.Do I still have to pay the dealership the down payment?
This should be outlined in your contract - the chances are that you do as generally the downpayments is non-refundable anyway, unless you're within a 'cooling off' period (7-14 days in the UK usually).
Does terminating a car lease early affect your credit?
Well, I am actively looking to trade my lease in early. How does it affect your credit?I am not certain, but I do believe it, in the least, has some negative affect on your lease and will drop your Fico; however, I am not sure as to how significant the drop and hit to the credit would be. when you lease a car you are agreeing to pay for the part of the car you use basicly the miles you put on it and the damage you do to it from new until the lease is up. You will never own the car until you buy it. terminating a lease by droping the car off at the dealer will most definatly be a bad thing for you because it is a loan and a contact you would be breaking. However if you trade it off on your next car it is no problem however you will take a beating on the trade if you are not careful. You can usually cal and get a 10 day payoff on your loan. that tells you how much you need to pay or get in trade for another vehicle. if your vehicle is a good model that retains its value you are set and should not have to much trouble getting out of it. But if you bought a not so desirable model you may not beable to get enough for the trade, then you will be paying more for your next vehicle than it is worth. This is very typical of a car deal and most people fall into this category if they have bought a new car without paying off the last one before getting into their latest one. but to answer the original question if you trade the lease in for a new car(or used) you will have to payout the lease holder to make the new car deal. That is the term of your lease. Alot of times if the lease is close to the end and you want another vehicle from the same dealer they can put you together without having to pay any early termination fees. good luck I had a lease on a car that I had for a year and a half, the lease was for 5 years and the payments ended up killing me. I took it in on a whim to the dealership I got the lease from and started complaining they screwed me on the lease while I was browsing their older used cars. I went in to talk to a salesman and they agreed to pay off my lease if I bought one of their used cars. I got slightly screwed on the price, it was a Honda civic 97 for 6500., but at least the car was in good condition with low mileage and I will own it after it's paid off. Oh and I forgot to add that my credit wasn't affected in any way because the dealership was actually paying off the leasing agency.
