eph94
September 7th, 2004, 20:24
I just posted this on AW, but I know a lot you guys don't read that forum, so here goes...
I'm exploring the possibility of getting out my lease. Normally, I would be SOL, but I think putting down $16000 at lease inception for cap cost reduction helps my "tradability" a bit. The adjusted cap cost was $71800 with a residual value of $42000. My lease ends in November 2006 so I have 26 months remaining on it. My base payment is $990 plus MA sales/use tax of $50 for a total of $1040 each month. I also have the Audi winter tire package that has the Audi 5-spoke 18" wheels and Dunlop Wintersport M3s that I would throw in, plus the Audi base carrier bars and an aluminum luggage rack. The car has about 13,000 miles on it with the 7,000 miles on OE front brake pads and a new set (still in the box) of Pagid Blue front pads. It will need new summer tires soon.
I'm thinking of listing it on www.leasetrading.com. Anybody hear anything about that company?
OR, I could just keep the car. I know it's foolish financially given the money I put down for cap cost reduction, but I think I want a smaller/lighter car. I'm conflicted.
Am I nuts to even think about this??
I'm exploring the possibility of getting out my lease. Normally, I would be SOL, but I think putting down $16000 at lease inception for cap cost reduction helps my "tradability" a bit. The adjusted cap cost was $71800 with a residual value of $42000. My lease ends in November 2006 so I have 26 months remaining on it. My base payment is $990 plus MA sales/use tax of $50 for a total of $1040 each month. I also have the Audi winter tire package that has the Audi 5-spoke 18" wheels and Dunlop Wintersport M3s that I would throw in, plus the Audi base carrier bars and an aluminum luggage rack. The car has about 13,000 miles on it with the 7,000 miles on OE front brake pads and a new set (still in the box) of Pagid Blue front pads. It will need new summer tires soon.
I'm thinking of listing it on www.leasetrading.com. Anybody hear anything about that company?
OR, I could just keep the car. I know it's foolish financially given the money I put down for cap cost reduction, but I think I want a smaller/lighter car. I'm conflicted.
Am I nuts to even think about this??