Thread: Money Factor?
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Old 01-03-2007, 05:22 AM   #19
RandallNeighbour
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Join Date: Jul 2004
Location: Houston, Texas
Posts: 7,243
Nick, it sounds like they either made a mistake or purposely signed you up for that lease term... either way, had you read the contract it would have been corrected or you would have walked away from the deal. It's not the fault of leasing itself though, is it? That could have just as easily happened to you with a 63 month purchase.

I've leased two cars and won't do it again for the simple reason that I don't like restrictions on mileage. I also don't like fretting over the fact that I may get hit up for extra charges if I am not very careful to keep the car in pristine condition.

Funny story... I had a 1986 MR2 that I leased. I turned it in at 48 months as planned, under the mileage. The car had one tiny scratch on the passenger side mirror, which I touched up with paint and wasn't noticeable.

The guy who came to my office to inspect and take the car took FOREVER to check it out in the parking lot. He made two phone calls in my office to talk to his boss quietly, then came to me and said, "I will get fired if I turn in your car without anything wrong with it. So, I'm going to list that the logo sticker on the front is bug-laden. These cost about $80 from the dealership to buy and have them replace."

Fuming, I said, "You mean to tell me you are going to nail me for this when I kept this car in concourse condition for four $#@! years?"

He smiled and said, "No, we can waive up to $100 in damages and you're covered. Have a nice day and thanks for leasing your car through our company."
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