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  #1  
Old 07-06-2016, 09:15 AM
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Early Lease Termination deals

Who in here has gotten out of their lease early recently and received a good or decent deal? Just curious what to expect. I'm going to my local dealer today since they keep sending me emails asking for my '14 GC Altitude. The payout on mine is $28,000 and on KBB or BB it's worth between $23-25K. I want to get into a '16 High Altitude if I can.

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Old 07-06-2016, 10:11 AM
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Re: Early Lease Termination deals

How many payments do you have left?
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Old 07-06-2016, 10:17 AM
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Re: Early Lease Termination deals

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How many payments do you have left?
9 more.
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Old 07-06-2016, 10:48 AM
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Re: Early Lease Termination deals

Id stop by carmax before your dealer if you can. Having their quote is a great bargaining chip if your dealer comes in too low. On the flip side, if the dealer comes in high on your vehicle price then you can forget to mention you went to carmax.

It gives you a good position for the true worth of your vehicle rather than what the dealership is willing to tell you.
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Old 07-06-2016, 02:57 PM
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Early Lease Termination deals

I tried after 3 months into my lease. All I can say is that doesn't work. These things drop like a rock in year one as do all vehicles. I want out of my HA for a Trailhawk.


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Old 07-06-2016, 06:46 PM
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Re: Early Lease Termination deals

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I tried after 3 months into my lease. All I can say is that doesn't work. These things drop like a rock in year one as do all vehicles. I want out of my HA for a Trailhawk.


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Truth !, I asked a dealer about a trade in for a SRT and they said my 3 month old HA with 3k on the odometer had lost $13k in value already !!!!!
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Old 07-06-2016, 08:09 PM
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Re: Early Lease Termination deals

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Originally Posted by EasternLI View Post
Truth !, I asked a dealer about a trade in for a SRT and they said my 3 month old HA with 3k on the odometer had lost $13k in value already !!!!!

That's exactly the same miles I had and same negative equity.


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Old 07-06-2016, 08:14 PM
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Re: Early Lease Termination deals

Y'all need to negotiate the price of your vehicle better, even on a lease. These vehicles definitely take a huge depreciation hit but 12k after 3 months is absurd.
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Old 07-06-2016, 08:22 PM
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Re: Early Lease Termination deals

I got out of the lease on my 14 Overland a little over 2 months early. The buyout was $24,500 and they gave me $31,000 for it. I was happy with that so I got into a 16 HA.
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Old 07-06-2016, 09:09 PM
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Re: Early Lease Termination deals

I traded out of a '14 Overland Hemi 4x4 that was in a 3 year/36,000 mile lease. I had nearly 60,000 miles with 2 months left to go so looking at a decent mileage penalty. Payoff on Overland was $27,500ish. I got $28,500 trade-in and got a '16 HA Hemi 4x4 for $48,500.
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Old 07-06-2016, 09:28 PM
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Re: Early Lease Termination deals

Back in March I got out of my 14 limited lease with 9 payments left as well. I was actually able to get $900 equity out of it. Payout was about 28,000 at the time.


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Old 07-06-2016, 10:55 PM
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Re: Early Lease Termination deals

I won't trade out unless I get a great deal to leave my lease early because someone will get a vehicle with about 20K miles after 3 years.
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