Timeline for Dealer is pressuring me to return the leased car and lease another car
Current License: CC BY-SA 4.0
21 events
| when toggle format | what | by | license | comment | |
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| May 11, 2021 at 23:11 | answer | added | Harper - Reinstate Monica | timeline score: 2 | |
| May 11, 2021 at 17:03 | answer | added | TTT | timeline score: 6 | |
| May 11, 2021 at 16:18 | answer | added | Eugene | timeline score: 8 | |
| May 11, 2021 at 14:58 | comment | added | Yorik | Typically, the contract is with the car manufacturer's leasing/finance division. The dealership, in virtually all US states and virtually all cases is independent of the car manufacturer. For example Tesla has/had a lot of trouble trying to sell direct because of this. The dealer has no power to set or change the terms of the lease: "having to do {this} etc" is most likely an abject LIE. Yes, cars are inspected after lease, but by a contractor who is employed by the lease holder, not the dealership. The dealer may, in fact, be incapable of financing the lease buyout. Check out a credit union. | |
| May 11, 2021 at 14:12 | answer | added | Mohair | timeline score: 4 | |
| May 11, 2021 at 4:20 | review | Close votes | |||
| May 13, 2021 at 15:55 | |||||
| May 11, 2021 at 4:06 | comment | added | spacetyper | How is the question, "Can a car dealership force me to return my car?" on topic here? | |
| May 11, 2021 at 2:29 | comment | added | Ross Millikan | Others have said it, but it bears repeating. The contract gives you an option to purchase the car at a given price. You find that option attractive. If the dealer wants you to do something else, it has to make you an offer that is better than purchasing the car at the contract price. If your scan of the market is accurate, you have an asset worth 7k less the transaction cost of selling the car. You might choose to keep the car, but that is a floor for the value they have to give you | |
| May 11, 2021 at 1:10 | comment | added | TCooper | Not worth an answer, but stand up for yourself. What you want is clear, don't let anyone push you around, in this transaction, and in general. | |
| May 11, 2021 at 0:40 | history | became hot network question | |||
| May 11, 2021 at 0:04 | comment | added | Hilmar | Chances are you will be much better off getting a loan from your bank then from a car dealer. If your contract gives your the right to buy the car at the end of the lease, just show up with a check and that's the end of this. The more you talk to them, the more they will try manipulate you. If they keep calling you, let them know that you will take your service business elsewhere. That's the only thing they have left to loose. | |
| May 11, 2021 at 0:00 | history | tweeted | twitter.com/StackFinance/status/1391905895370592257 | ||
| May 10, 2021 at 22:53 | history | edited | Chris W. Rea |
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| May 10, 2021 at 21:04 | comment | added | user71659 | @Node.JS Yeah who? You mentioned you do service, but there's three different people at play here: the service writer, the finance person, and salesperson, and very often don't communicate like they should. What you have to do is keep repeating your intentions and not assume they are ignoring your requests. Answer the phone! | |
| May 10, 2021 at 19:51 | answer | added | BobbyScon | timeline score: 37 | |
| May 10, 2021 at 19:37 | answer | added | Joe | timeline score: 18 | |
| May 10, 2021 at 17:34 | comment | added | Node.JS | @user71659 I have told them my preference many times. I always do all the maintenance work at that dealer | |
| May 10, 2021 at 17:31 | comment | added | user71659 | Did you actually talk to them and explain your preferences or do you keep ignoring their calls? Because this sounds like an interpersonal skills problem, not a finance issue. As a fairness and customer rights issue, you are supposed to bring the car in a month in advance and get it pre-inspected. That way you know the damage penalty, can make a fair assessment of return vs buyout, and can get any problems fixed at a third-party garage or by yourself, rather than forcing you into paying dealer rates for repair. | |
| May 10, 2021 at 17:16 | answer | added | Hart CO | timeline score: 90 | |
| May 10, 2021 at 17:08 | comment | added | Grade 'Eh' Bacon | What does it say in your contract? Do you have the right to buy it out at a specified price? I am doubtful that potential damage comes into it in that case, because why should they care if you buy it out at the specified price? Also - do you have someone you trust to take with you to the dealer to get what you want done? It may help you feel less stress if you have moral support. | |
| May 10, 2021 at 16:40 | history | asked | Node.JS | CC BY-SA 4.0 |