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Old 02-08-2007, 05:09 AM
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Default Re: H3 Leasing question

actually, you can trade it in at any time in your lease. BUT...call the leasing bank and get your payoff for purchase. Say its 27,000. Have the car apraised. if it appraises for $25,000, it will essentially cost you 2 grand to end your lease early, and that ammount can be rolled into your new financing on the new car. In the rare case, it will appraise for more than you owe, but don't count on it...also, you will not get tax credits on a lease trade-in like you would if you owned it...
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