TL Tita

So as some of you know, my car has been mildly damaged. Regardless, I was thinking of getting rid of the TL. I have nothing against the car but its just too big and im in no need for a FWD car because I in the process of purchasing an A4. Anyways, here is the story. I leased the car for 4 years/ 48,000 miles from a dealership in Bergen County NJ. The car is faily new, a few months old or so. My car is a brand new 05 A-spec 6spd. I want to go for the G35 coupe instead. Now, I know the G35 c lease is much cheaper than the a-spec so in the long run i will be saving money (monthly fee) but how much would i be losing or need to pay to return the leased TL? I have absolutely no intention of keeping the car so please tell me what to do or what i should expect if i want to lease the g35 c. Thanks.

TL Tita

BTW, is it smart for me the just repair the car and return it or should i just return it as it is?

elsensei

oh boy, if you are trying to get out of a 4 year lease after only a couple months be prepared to get reamed.

Read your lease documents carefully. You might be forced to buy the car outright in order to get out of the lease, then sell it on your own. Probably will lose a good amount of money. Anohter option is to see if your lease is assumable by someone else, then run an ad.

Did you already get the A4? If not you can talk to the dealer about trading your TL, they dealer can probably take your car on a trade in and buy you out of the existing lease. You will still get taken to the cleaners however.

ndx2

try leasetrader.com or swapalease.com

thaita78

Like elsensei said, check with your lessor to see if you can transfer the lease to someone. leasetrader.com should have all the information regarding this issue. good luck.

scrb09

So you are planning to buy 2 cars ???

See if the A4 or the G35 dealerships also have a Acura dealership and if they can work something out...

Or if you have the money 2 buy the A4 and G35...TAKE A HIT and get rid of the TL

EZZ

Why not just buy an Audi S4 for the price you get for the A4 and G35! The S4 > G35 & A4!

PointBoy

Just add up your remaining payments and add that to the residual value - that will give you an indication of how much it will cost to terminate your lease early.

moeronn

Not to be an ass, but shouldn't you have thought about all this BEFORE you bought the TL?

FWIW, you will get totally screwed if you want to get out of the lease. If you end up trading it in at a dealer where you are getting a new car, they can/will roll any negative equity/remaining lease payments from your current lease into the new one. You will lose at least a few thousand on the trade.

svtmike

You're going to learn a life lesson here:

1) You could keep the TL, save your money and learn a lesson about major purchase impulse buying.

2) You could dump the TL, lose the money, have the car(s) you really think you want this time, and learn a lesson about major purchase impulse buying.

I think option 1) is the prudent course myself.

Mike

260 HP

iTrader: (3)

You should call your bank and get the payoff number if you want to terminate the lease early. Regardless, I don't think it's a wise idea to get out of the lease only after a few minutes.

About your damage, I'd get it repaired, have the insurance pay for it, and go your merry way. You share the roadways with other drivers, some of them are dumb, some are idiots, so accidents can happen. Just drive it until the end of the lease, and get something else....

SergeyM

If you are interested in a BMW you can try Park Ave BMW / Acura in Maywood. That's where I went back in 2002 when I wanted to get rid of my 2002 TL-S. The negative equity that you probably have in your TL will not disappear but it can be transferred to you new lease or you can cover it with cash money. In my case I owed $29,500 for the Acura and I got $26,500 from the dealer. $3K went into the new lease ($100/month). My car was 12 month old on a 36 month lease.

ericajackhannahjamie?

WHAT COLOR is your TL? with navi? i might have a friend to buy from you.
To get out a lease, it's utterly impossbile.

Ron A

Please do this by PM's, so we don't get to talking about selling here in this forum. Thanks.

TL Tita

Antracite metallic/ebony black. NO navi bc i have a portable screen with gps/dvd that i use it on my other cars. Thanks for ur interest though but i have decided to keep the car. Everytime i look at it, i just fall in love with the looks. Im just pissed off right now bc the car is somewhat damaged.

moeronn

Keeping it is the right choice.

scrb09

Let me get this straight...6 hours later you have a changed mind..??? and the process you had going for the A4 has stopped? not trying to be an ass but

TL Tita

no, im still getting an A4.

Russdaddy

My advice is to fix the taillight and live with the lease. You're not the first one to get into a lease and you won't be the last. I personally hate leases. While you have the advantage of a lower car payment, you don't own the car and if you don't return it in good shape or you are over the maximum miles at the of the lease you end up getting your feelings hurt when they tally up the bill.

I originally leased my Civic and I threw a rod three months before the lease was up. The worst possible time for your car to go out on you if you've financed it this way. It was only then that I realized my blunder from four years earlier and I decided to repair the car and refinance it so that I could pay it off. When I bought my TL, the dealership tried like mad to get me to lease it and I had to threaten to would walk out if they mentioned it to me one more time. Although I have higher payments, I like the fact that I can drive it as much as I want and I will get the title to the car when I pay it off. Do yourself a favor and stop the madness. Stick with the TL. You'll more than likely be better off!

CL Platano

It is highly unlikely to get out of the lease after a few months. It all depends what Acura says about it, some leasing companies give you a certain time period to play with. My only question is why an A4? They are so slow

chill_dog

I know what you mean, having "damaged goods" sucks. No matter how good of a repair job they do, you still know...it's always in the back of your mind. However, in your situation, it isn't your car, it's Acura's; you're just renting it. Therefore, fix it, get over it, and give it back to them in 4 years. Even if you were buying it, keeping it is truly the best option. Due to depreciation, you should always keep a car 4-5 minimum. Unless it's an exotic, you loose your shirt getting rid of it before then. On a side note, I noticed your sig...I wouldn't do too many mods on a leased car...a lot of hassle removing and selling later.

TL Tita

As for the mods, i was tinking like tints and possibly an intake. but thats prob it though. Tinting def though. Intake, maybe

abcheng

Well since youre in GA, I might be interested if you wanna sell.

Donte99TL

Wow never heard of these. I am going to check them out to see what it's all about. I didn't lease my car though.

TL Tita

eh, i made my decision guys