The single pay lease is made all up front? What happens if a month into the

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May 17, 2018
6:24:27pm

Pasadena All-American

The single pay lease is made all up front? What happens if a month into the

the lease you total the car in an accident?

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Pasadena

Bio page: Pasadena
Joined: Aug 21, 2007
Last login: Apr 28, 2024
Total posts: 12,577 (181 FO)

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Messages

Author

Time

I'm seeing new car dealers list what they are calling "lease/own" or "lease to own" pricing on their websites

kccougar All-American

5/17/18 5:08pm

Millenial marketing.

Zedhead

5/17/18 5:14pm

This is in my wheelhouse

Negative Equity

5/17/18 5:30pm

Also if you are going to buy out the lease after they contract it

Negative Equity

5/17/18 5:36pm

The single pay lease is made all up front? What happens if a month into the

Pasadena

5/17/18 6:24pm

You should get a refund equal to the number of months

Negative Equity

5/17/18 6:30pm

When you say "should," is that what they actually do or what you are thinking

Pasadena

5/17/18 6:35pm

I will find out the answer and get back to you.

Negative Equity

5/17/18 7:00pm

This is what I know so far.

Negative Equity

5/18/18 1:11pm

Got it. Thanks. That would make sense. Do you sell many single payment leases?

Pasadena

5/18/18 2:46pm

Not many primarily because most people don't have the cash

Negative Equity

5/18/18 3:09pm

BMW Financial takes a loss to the benefit of BMW Manufacturer I suppose. Plus,

Pasadena

5/18/18 3:19pm

Completely agree.

Negative Equity

5/18/18 3:31pm

I was wrong

Negative Equity

5/18/18 4:26pm

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