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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.
What else can I help you with?
What happens if you give up a car before lease is up turn into dealership after 13 months on a 3 year lease?
If you give the car back to the car dealership before your lease has expired, then the lease is over. You stop paying the monthly payments. This is very common in people who want a low monthly payment, thus they get a long car lease and then end up trading back in the car for a new car before the lease has expired.
Can our landlord force us out before our lease is up if they sell the condo?
Review your lease to find the answer you want.Otherwise, you may be able to negotiate your continued tenancy with the new owner.
If you have a lease and can't pay any more and you are late a couple of months on top of that what will happen if you turn the car in?
Read your lease. it should addrewss what will happen if you turn it in before the lease is up. Likely you WILL have to pay.
Can i sell my car so it can be taken out of the impound before the 30 days are up?
If I sell my car while it's in the impound can the new regesitured owners get out before the 30 days
Is it possible for you to leave before your lease is up?
Yes, it is possible to leave before your lease is up, but you may be subject to penalties or fees depending on the terms of your lease agreement.
What are my options for moving before my lease is up?
Your options for moving before your lease is up include negotiating with your landlord to end the lease early, subletting the apartment to someone else, or breaking the lease and potentially facing financial penalties.
Will returning a car lease before lease is up affect your credit?
Yes it will,the lease company will sell the car at the acution and put any money toward your ballance and if there is still a ballance left over they will sue you for it. If you have several months left on your term you can use the online lease take over search engine CarLeaseDepot.com. Car Lease Depot offers an amazing search and find car lease experience to anyone looking to get out of a lease early or take over a short team lease. They are the cheapest and appear to have a very high quality website compared to most other lease assumption sites. See some of the others and make an educated decision for yourself. See for yourself but please do not return you car and run because it will hurt your credit so bad that you will be able to get any new credit for a long time to come. This is a binding contract and just because you return it doesn't mean that you will receive a free pass.
Is it possible to leave the apartment before the lease is up?
Yes, it is possible to leave an apartment before the lease is up, but it may result in financial penalties or consequences depending on the terms of the lease agreement.
What happens if you leave before your lease is up?
If you leave before your lease is up, you may be responsible for paying the remaining rent until the end of the lease term or face penalties outlined in the lease agreement. It is important to review your lease terms and communicate with your landlord before making any decisions to leave early.
Is it possible for you to move out before your lease is up?
Yes, it is possible to move out before your lease is up, but you may be subject to penalties or fees depending on the terms of your lease agreement. It is important to review your lease carefully and communicate with your landlord before making any decisions to move out early.
Is it possible for me to move out before my lease is up?
Yes, it is possible to move out before your lease is up, but you may be subject to penalties or fees depending on the terms of your lease agreement. It is important to review your lease carefully and communicate with your landlord to understand your options.
What happens if I leave before my lease is up?
If you leave before your lease is up, you may be responsible for paying a penalty or the remaining rent until the end of the lease term. It's important to review your lease agreement to understand the specific terms and consequences of breaking the lease early.
