About three years ago I was victim of carjacking. My car (Honda) which I owned got totaled and after a month of working with insurance I got a equivalent value of my car from insurance and the next day I leased a Chevy for 3 years / 36K miles. I was really upset because of the incident, so I did not negotiated very well with the dealer and I believe I did not get a good deal.
But most importantly I grossly overestimated the mileage that I believed I could use in three years. The reason was I tried to avoid using my car or driving due that carjacking incident. I am always worried something can happen and I become a victim again. So, I primary used public transportation, Uber and Taxi during the past three years.
Long story short, I have a few months until my lease and I have not used even 5K miles yet.
Question: I understand that it was my mistake to overestimate the mileage but how can I control the damage? I (believe) I have few options:
- pay the amount written on lease agreement and buy the car
- extend the lease for one or two more years
- (if it is possible) get an incentive from the dealer to lease another car
I talked with the dealer last week (I felt he is not very honest with me) and he said: option #3 is not possible under any circumstances.
Please let me know if there are other options that I do not know it about. Thanks.