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Car lease troubles.

Discussion in 'Channel Zero' started by Æ°, Jun 5, 2003.

  1. Æ°

    Æ° 12oz Senior Member

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    Car lease troubles.

    Discussion started by Æ° - Jun 5, 2003

    My financial situation that's got me fucked...

    I leased a car. (mistake #1)
    The lease is for 4 years 60,000 miles.
    Today I just flipped 60k and I'm about 2 years into the lease.

    So yeah...I'm either going to buy it for way more than it's worth at the end. (the bank probably won't provide me with enough money to do this)
    Or I can pay 8¢ for every mile over I am. I could trade my car in now with the negative equity carrying over into the next car...I think. But those are the only ways out I can think of. I'll end up paying one way or another. All I really want is to not have a car anymore. The end result will probably be something like having a car shoved up my ass with the doors open.

    Anyone else ever been in a situation like this? I'm only 15,000 miles shy of having traveled all the way around Saturn in 2 years.
     
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  2. effyoo

    effyoo 12oz Elite Member

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    effyoo - Replied Jun 5, 2003

    If you were asking about the possible lease of a car, i'd tell you that it was a bad deal.
    Looks like you found out the hard way.

    Is there a way out? Fuck. I don't know. Re-read the fine print.

    You did read the fine print, didn't you?
     
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  3. Æ°

    Æ° 12oz Senior Member

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    Æ° - Replied Jun 5, 2003

    I was just looking everything over again.

























































































































































































    I'm going to start saving money.
     
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  4. BAMBOOZLED

    BAMBOOZLED 12oz Member

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    BAMBOOZLED - Replied Jun 5, 2003

    Fake your death:idea:
     
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  5. metallix

    metallix 12oz Elite Member

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    metallix - Replied Jun 5, 2003

    [​IMG]
     
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  6. krie

    krie Guest

    krie - Replied Jun 5, 2003

    set it on fire
    and claim insurance
    or say it got stolen and set a blaze


    nothing u can do ?
     
  7. When

    When 12oz Loyalist

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    When - Replied Jun 5, 2003

    i think you still have to pay the car off if that happens
     
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  8. effyoo

    effyoo 12oz Elite Member

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    effyoo - Replied Jun 5, 2003

    Heh heh heh...not here you don't....
     
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  9. mapo returns

    mapo returns 12oz Member

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    mapo returns - Replied Jun 5, 2003

    didnt you realize you were on a pace that was twice as many miles as were allowed?

    60,000 divided by 24 = 2,500

    So you go about 2,500 miles per month.

    2500 divided by 4 = 625

    So you go about 625 miles a week.

    625 divided by 7 = about 90


    So you were going 90 miles a day when you should have only been going 45.

    Thats tough. I was gonna lease a car, but I decided against it when I realized I travel about 60 miles a day just to/from work.
     
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  10. SteveAustin

    SteveAustin 12oz Veteran Member

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    SteveAustin - Replied Jun 5, 2003

    sounds like its time to park it and buy a shitbox.

    not many options other than that, buying or paying the 8 cent a mile penalty.
     
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  11. Dick Quickwood

    Dick Quickwood 12oz Loyalist

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    Dick Quickwood - Replied Jun 5, 2003

    change the odometer down 40 thousand miles, or just break the odometer and say you dont know what happened
     
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  12. SteveAustin

    SteveAustin 12oz Veteran Member

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    SteveAustin - Replied Jun 5, 2003

    ^^ ah hell, I can't believe I forgot about that option. you might check out the fuse box panel. remove the fuse for the gauges. if this works, you most likely won't have any working guages....but no more miles.
     
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  13. Dick Quickwood

    Dick Quickwood 12oz Loyalist

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    Dick Quickwood - Replied Jun 5, 2003

    or cut the wire that goes to the odometer and splice it back togather when its time to take the car back
     
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  14. ubejinxed

    ubejinxed 12oz Veteran Member

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    ubejinxed - Replied Jun 5, 2003


    yah i'd say this is a good option, the car is relatively new and if you have full coverage, the insurance company usually pays enough to pay it off. they don't know how many miles on it right?

    my car was stolen and i made money on it, my other friend "crashed" his car and made money on it. you could have someone steal it and crash it. i know that's bad but you just have to find someone to do it. works pretty well. but you didn't hear that from me.
     
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  15. ubejinxed

    ubejinxed 12oz Veteran Member

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    ubejinxed - Replied Jun 5, 2003

    but isn't there a way they can tell? isn't there an engine mile counter? or is that only boat engines?
     
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