Not unless you buy it from the dealer.
Probably it is better to save up and then buy the vehicle because once you buy it, you don't have to keep worrying about making repayments and maybe interest.
Bring all the payments up to date.
An unexpired lease can be reaffirmed or the vehicle can be surrendered. The leasing company will take the car back if you are surrendering it. Keep it insured or you will have to pay for any damage sustained by the vehicle or caused by the vehicle until the leasing company actually takes possession of it.
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If the terms of the lease include the requirement that you must provide insurance on the vehicle, and I've never seen a lease agreement that doesn't, yes, they can hold you in violation of the lease and repossess the vehicle.
Unfortunately; yes you ARE responsible the exact same as if you were the PRIMARY person on the lease. Well sorry. k love yayahs
What are the terms of the lease? Does the lease indicate anything about delivery date? Were they required under the lease to deliver by a certain day? If so, and the day has passed, perhaps they have broken the lease.
I was sued by my lease company eventhough my vehicle was totaled for not paying. I'm no expert but if I were you then I would because they have no hearts.
What typically happens is that the party financing the lease will repossess the vehicle. The vehicle will typically be sold and the party financing the lease will attempt to collect the balance remaining under the lease either through a collection agency or through formal legal action.
A+ Close-ended lease
As long as you have another policy in place. When you signed your lease you garanteed that the vehicle would be insurred. Uninsuring the vehicle would be in violation of the lease.
Yes, corporations can deduct lease payments. Property lease payments and vehicle lease payments are deductible in the year paid or accrued.