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Question about buying out of lease and Sienna minivan
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hanna7636
LIF Adult
Member since 8/06 921 total posts
Name:
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Question about buying out of lease and Sienna minivan
We ended up selling our truck but now we are basically stuck with my leased car. I contacted Toyota to see if I could trade it in to buy a car without paying a fee and this is what she stated
"You might not have to pay any fees to return the vehicle early. We can buy you out of that lease. If the appraised value exceeds the buyout, then we can use that money to reduce the payment on your new car"
What does this mean?
Also, if I can get out of my lease does have a Toyota Sienna and can tell me how they drive in the snow?
TIA
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Posted 9/12/13 5:25 PM  |
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Re: Question about buying out of lease and Sienna minivan
Posted by hanna7636
We ended up selling our truck but now we are basically stuck with my leased car. I contacted Toyota to see if I could trade it in to buy a car without paying a fee and this is what she stated
"You might not have to pay any fees to return the vehicle early. We can buy you out of that lease. If the appraised value exceeds the buyout, then we can use that money to reduce the payment on your new car"
What does this mean?
Also, if I can get out of my lease does have a Toyota Sienna and can tell me how they drive in the snow?
TIA
I think they are saying, if you owe $10,000 on your lease, and the car value is $12,000, they will buy you out, and use the $2,000 value towards another vehicle.
I am not sure how the Sienna drives, but I love the Toyota vans and hope to get one in a few years...Good Luck!
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| Posted 9/12/13 5:31 PM |
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