Decided to trade in for a new TL, help needed
#1
Racer
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Join Date: Jun 2003
Location: Philly, PA
Age: 47
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Decided to trade in for a new TL, help needed
Finally decide to say byebye to my rattle-infested 05 TL. Want to get the new TL which are much smoother and better built. Now I am 14 month into a 42 month lease, and wanted to ask u guy's opinion:
Financially, should i trade the 05 in as early as possible, or not? If not, I would like to wait until the 07 TL (with a face-lift) comes out.
Any suggestions?
Financially, should i trade the 05 in as early as possible, or not? If not, I would like to wait until the 07 TL (with a face-lift) comes out.
Any suggestions?
#2
Senior Moderator
Good decision, gainful, I was sorry to hear about the issues with your '05 and am glad you took my advice . I am hopeful your dealer will work something out with you to keep you happy and to move a new car off the lot.
The earlier you end your lease, the higher the termination fee will be, though. You may simply have to pay the money to get out. Then again, a friend of mine who terminated a lease early went to the same dealer he leased from; the salesman was eager for another sale, and worked out a deal in which the termination fee was much lower. You might be surprised what you can get from your dealer! Here's some more info....
http://www.federalreserve.gov/pubs/l.../endclosed.htm
The earlier you end your lease, the higher the termination fee will be, though. You may simply have to pay the money to get out. Then again, a friend of mine who terminated a lease early went to the same dealer he leased from; the salesman was eager for another sale, and worked out a deal in which the termination fee was much lower. You might be surprised what you can get from your dealer! Here's some more info....
http://www.federalreserve.gov/pubs/l.../endclosed.htm
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