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Ending a car lease early


blobby1000

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Guest Ptp113
Since we have decided to return to the UK next year I will need to end my car lease half way through. I am going to owe a ridiculous amount of money due to the interest all being front loaded by the finance company.

 

In the unlikely event that I will be able to sell it with finance secured on it I will then have to make up the shortfall (probably around $8k). The finance company are of no use and just tell me I have to pay, I asked what if I dont have the money (ie can they turn the shortfall into a loan) and they state that it must all be paid before I leave Australia...

 

Being that we want to get a new mortgage soon after returning home, I am reluctant to just run away, but if I dont have 8k to give them, I am left with no real choice.

 

Has anyone else experienced similar things?

 

Maybe one of the mullet haired ute drivers will take it off your hands?

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Guest Ptp113
Ha!! Glad someone has finally felt moved to respond to that post!

 

No chance though, its black, its not got a 12 litre engine and there is no space in the back to carry nothing.\

 

Would you like it?

 

No thanks, i drove a black car for a while and never again

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