0
What happens if you still have a year left on a lease and have already gone over your mileage?
Wiki User
∙ 15y ago
Then your warranty is up. It is whichever comes first. Time or mileage.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
How do you braek a lease with an auto finance company?
From my understanding the only way to break a lease is to pay it off or stop paying. The latter suggestion obviously has detrimental effects on your credit. The best way to "break" a lease is to pay whatever payments are left on the lease. Financially this might be a real good idea. If you are still under the mileage for the lease and it is cheaper to pay the remainder of your lease payments, rather than pay the mileage penalty.
Is it illegal to sign the lease for your own apartment if you are already on a lease with your boyfriend but you move out?
No. But, you will still be responsible for your share of the previous lease unless the landlord/rental agency (not the the other leasees) agree to release you from your obligation.
Would it be possible to not own a horse and still compete in barrel racing?
yes - lease one. Yes i know but I already lease a horse but you cant compete except with our team.
Is their any penalty for a repo lease?
I would imagine there is. Lease is somewhat like a loan and I am sure there is a clause in there for repo, you are still the signer and anything that happens will fall on you to pay.
If you lease a car and file for bankruptcy what happens to the car?
You will most likely still owe on the lease but the balance due might be dischargeable. But you will for sure lose the car. A bankruptcy attorney will be able to tell you for sure.
Dealership closed I still have a lease does that break the lease?
No. the lease was probably backed by a bank or by the automaker.
Can you get out of a lease in Florida if you become unemployed?
No, you are still obligated to pay your rent for the term of the lease
What happens when a leased vehicle is destroyed in an accident and there is no insurance?
Usually, the lease car is required to be insured ... and the lease is most likely dependent on continued auto insurance being in force. If the car was destroyed (totalled) and there is no insurance to cover the loss, the car is then gone, but NOT the lease payments ... You will still be required to pay the lease as agreed upon ... would have been far cheaper to have had insurance.
What happens with someone skips bond and on probation already?
Probation violation you will go to jail. An still owe on fines an still will be own probation
Can you Lease a car from someone with a loan on the car?
No. In my experience and from what I've read, it is not wise to lease a car from someone with a loan. They can still be held responsible for the car if anything happens to it. If you cannot afford to make the payments and the bank comes to collect the car, and the owner does not have it, they can be arrested.
If you give you leased car back before the lease is up do you have to pay anymore on it?
YES, You are still obligated to complete your term of lease contract.Even if you are purchasing or leasing another vehicle and decide to trade or turn in your current lease YOU STILL OWE THEM!!!!! The leasing company is still entitled to remaning payments.. Best to look at your lease agreement...
What can you do when the lanlord claims he lost original lease therefore relieving him of the terms of the lease you have your copy can he do this?
No. Whether or not your landlord has a copy of the lease, he is still bound by the lease as a contract. I suggest you photocopy your copy of the lease, and hand it to him (or send it by registered mail, so he can't say he didn't receive it)! If he still refuses to abide by the conditions of the lease, contact your local Landlord & Tenant Commission for advice.
