Re: lease trade in questions.....
Quote:
Originally Posted by WySilverado
Toyota's lease has no early termination penalty.You owe what you owe.On the lease on my 07 CrewMax the buy out is 31,800,right at retail. Trade is another story,my 3yr old Silverado trade in value was higher!
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"you owe what you owe"
Exactly!!!
Leasing is just a different way of financing. The mileage and condition stips only apply if you go full term......realize that your mileage and condition apply to vehicle value anytime you try to sell/trade......buy or lease.
Basically a ballon payment at the end that you may choose to pay.
However, on a trade in you obviously are paying it.
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'07 Cmax, SR5, 4X4, 5.7......'01 Ford F-250 Crew Cab, V10.....'95 T-100, 2.7L......and about 10 other vehicles that I don't want to bore you with.
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