Re: Confusing situation with leased car/HELP

Posted by 2responsible (63.186.33.183) on October 02, 2003 at 15:06:06:

In Reply to: Confusing situation with leased car/HELP posted by Texan on October 02, 2003 at 14:51:27:

We have leased vehicles for years (mainly thru Ford), and what we've found is that most answers are available in your leasing contract. Yes, I know it's a long, legal document, and a pain in the butt to read, but this is your first bet. With Ford, you have the option of re-leasing, purchasing or turning in the vehicle. Purchasing does not necessarily mean you have to finance with Toyota. You may find your loan for the balance elsewhere, such as a bank or credit union where your credit history is good. Your other option, and the one I recommend, is to simply call Toyota and ask them what options you have at the end of the lease, what interest rate they charge on buy-outs, etc. While, you screwed up, you also made good, so don't approach this as though you are in the position of needing to beg for good treatment. You're still the customer.

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