r/CarLeasingHelp

I leased a 2024 Lyriq for 24 months. However, I used up the mileage by 21 months. I called the dealership asking if I could just return the vehicle earlier but still pay whatever I still owe on the lease. And they said yes, I can return at any time. They said GM would just send me a bill for whatever I owe for the lease balance + the disposition fees + any damages.

So I scheduled an inspection and got everything done. I went to the dealership and returned the car and was waiting for GM to send me a bill of lump sum amount I owe.

Fast forward to today, I receive a notice in the mail that I have chosen to do an early termination of the lease and that there is a gross early termination total on the car, let's call it $XXX which is nothing but the residual that was on the lease agreement + the remaining months of lease payments + disposition fees. And that I would end up owing whatever is the difference between $XXX and whatever they could sell the vehicle for.

There is simply no way the car will sell for anywhere close to $XXX. The residuals were very inflated at the time I leased it. Am I screwed? If this is the case I will end up owing 10s of thousands. I never intended to early terminate the lease. I could've just kept the car and let it sit for 3 months if I had known this. I just went by what the dealership told me.

Hello all, I have no real idea about buying cars. I currently own a 2017 Hyundai Sonata (used). I am happy with it and I would like to continue to keep it until it gives me serious issues.

My parents are visiting me soon and I would like to take them on road trips with me. I am looking for an SUV where they can sleep or recline comfortably. Hence, I am exploring the options to lease/rent/subscription for roughly 6 months.

My main criteria is "low monthly payment" and second is "hassle free process".

Hey y'all—in a pretty desperate financial situation that has continued to build over the last few years/very shortly after I signed my first car lease in 2023. It was already about to come to (what I thought was) a head in a few months...but then today I was in a car accident—THANKFULLY(!!!!) no one was injured, and only the back of my car was damaged/it is still driveable—but the damage is likely going to cost a fortune to fix, and considering I was already 3 months behind on lease payments. Reliable/safe transportation is an absolute requirement for the work I do, and even though I am up to date on car insurance payments, I can't afford for the premium to go up any further as I'm already living paycheck-to-paycheck and don't have the credit/ability to put anything on credit cards.

Let me preface this that I know cash down is highly frowned upon with this group.

2026 Mercedes GLE 450 4MATIC
MSRP: $81,410
Selling price: $72,960
Dealer discount: $8,450
Rebate: $2,000
Cash paid by customer: $12,500
Monthly payment: $738.98

Money factor: 0.00071
24 months
Residual value: 62.4%

Curious what to expect on pricing and staying under $600 a month. Is this reasonable/achievable?

Interested in effective monthly payment below $600

Zero due at signing

Inclusive of all taxes and fees

Based in CT, 06901

Costco executive

7 seater- captains seats

7500 miles a year

Open to 24/36 months- whatever has better value

Open to broker, dealers

Thanks for any input or recent transactions folks have gotten to know to level set expectations.

Hello, first time poster, apologies if any mistakes.

I am stuck in a situation for which I don’t have any ideas. This is my first time leasing a vehicle.

My lease on Mazda CX5 is coming to an end next week (July 11th). I have booked a RAV 4 which will not arrive before that.

Options I am considering:

1. buyout the vehicle. But I was told to get a Safety check done and they gave me a big list of fixes before providing me the certificate.

2. Return the vehicle as is (with some fixes) and wait for the new one. If i return, I don’t have a vehicle to drive to work. Would renting a car work? (I did the math and it’s costly)

Can someone please provide me with suggestions or ideas on how to come out of this?

Thanks in advance.

Lease
2026 RAV4 LE
ToyotaCare Comes Standard
$399/ mo

36mos

$399due at signing

Applies to LE Exp. 08/03/26
$0 down on a new 2026 AWD RAV4! $399 first month payment due at signing. Same monthly payments for 35 months thereafter, excludes taxes and fees.
Qualified lessees can lease a new 2026 RAV4 4WD 5Dr. Wagon LE Hybrid CVT Model 4435 for $399 per month for 36 months with $399 Due At Signing. Based on 10,000 miles/yr. Security Deposit waived. Lease excludes tax, title, license, registration fees, acquisition fee of $750, and dealer options and charges

I have been eying up a luxury car with a sizable dealership and we have agreed to a very comfortable trade in deal and monthly payment with zero down. The dealership and I have all signed the lease and i have paid the deposit for the first month lease payment + miscellaneous fees for the new car.

The sales department passed it on to their credit department to finalizing the lease but now the credit department is saying my account does not have enough activities and they need a 25k cash down or otherwise no deal. I think it is worth mentioning that the account I provided can comfortably buy the car outright and the approval process is even more strict than my mortgage.

If the dealership eventually said no deal, do I get my deposit back? I can’t help to think that they are trying to make me to break the lease agreement, how do l make them honour the agreed upon contract or at least in what ways can I protect myself? Thanks in advance

Hey guys, i tried to post on here and just ended being roasted so I'm trying again. My current situation is this I have a 2025 Nissan sentra S Plus lease (first ever car). Got it in may last year so there's 4 years left to the lease ( i know 5 year lease is crazy ). At the time I knew it would take me 3-4 years to become a full on plumber (we got 4 years of apprenticeship) so i figured to keep that really cheap car until then and then change car when i get my full salary. Thing is the warranty i believe is active for 3 years and nissan cvt transmissions are horrendous. Also I'm a huge car guy so while that car runs perfectly fine and is somewhat good looking to me i really want a sports car soon. But I can't figure out the best to get out of that lease in may next year and get a sports car. Lease transfer sounds nice but how often do people actually "buy" someone elses lease... I'm struggling to find the best way to do it because the sports car i end up getting may not be a nissan so i would need a way to change brands. I was looking at a mustang maybe a gr 86 idk yet but what would be the smartest way to go about it? Should i just upgrade for a nissan Z for a short 2-3 term that way i enjoy a sports car instead of a regular economic car for the remaining 3 years? Thanks

Toyota said it's possible but I have to find someone to do it. Websites I've looked into are very expensive so seeing if there's a local resource for something like this. This car seems to be an incredibly hot commodity that I no longer really want. Here are some of the important details.

2026 Rav4 SE HEV

Stormcloud Blue

Grey interior

34mo left on the lease

$570/mi

5500mi

10k/year allowance

Portland, OR

What’s the best car to lease?

2026 optiq sport RWd
MSRP $55200
Sale price $47920

10/36 $500 down $500 per month RV 63%
10/24 $500 down $500 per month RV 75%

Lease location Dallas Texas

Is this good deal?

Vehicle
2026 Volvo XC60 T8 Ultra eAWD (PHEV)
MSRP: $76,190
Dealer discount: $5,000
Volvo lease allowance: $4,250
Dealer-added accessories: $498
Texas
Lease Terms
36 months
15,000 miles/year
Residual: 56%
$3,000 due at signing
Monthly payment: $867/month (before optional lease protection)
Optional lease protection: +$30/month ($5,000 aggregate coverage for excess wear and tear)

I am trying to negotiate to $800/month.

First lease - so just curious if it’s good or if I am getting shafted!!

Thank you ahead of time.

So currently I have a car that is an accord 23’, 83k miles but leased. No warranty and I will have to get new tires , replaced windshield and get speakers. Other than that no problems with the car . The lease ends on July 1 at but I have a 19 day grace to make a decision.

I have 18k left on the car and could do finish paying it off in 3-4 years if I finance but I believe I would be above 10 percent interest . The thing is , I can get a new 26’ accord same model for the same payment I make now 420. I can even get an upgraded one for 450 and no down payment.

My job has also been doing lay offs as well so I’m kinda stumped on what I should do . If I do the lease I won’t have to worry about any maintenance up to 36k miles but I do drive a lot . If I get laid off I’ll have a new car same payments and won’t have to worry about surprise cost coming up .

I forgot to add as well they said my car is worth 21k but I have 19,009 left. Let me know what you guys think!

Was wondering what folks thought about a 2026 Nissan Altima, all wheel drive, with a $2,000 down $390 a month lease deal. 10,000 miles per year. 3 year lease.

I’m unsure if I should also just not put any money down, which I see in this sub, where it would be more like $450 a month nothing down.

Thank you