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-   -   Cancel lease before delivery? (http://www.jeepgarage.org/f73/cancel-lease-before-delivery-16034.html)

sm1823 12-08-2010 03:39 PM

Cancel lease before delivery?
 
Do any of you guys know if it is possible to cancel a lease without penalty before taking delivery?

I ordered an Overland HEMI w/ Saddle 2 months ago and still have no idea when my truck might get delivered (still no D1 status). Need a car now and thinking about switching to a different make of vehicle. I already paid the origination fee and first month payment. Can I pull out and get my money back?

Hoping someone here has experience with this!

Thanks.

jmpdev2020 12-08-2010 03:57 PM

Re: Cancel lease before delivery?
 
Possibly, if the bank hasn't finalized the paperwork and you didn't sign anything yet.

The dealership should have never taken that money up front on a lease with no car to take delivery of. Whatever the lease term is you are less 2+ months of vehicle use. So, in my opinion, you are overpaying for the lease term by 2+ months.

However, if you do try to pull out, they might offer you some attractive incentives on another vehicle just to keep your business.

DABS 1 12-08-2010 04:30 PM

Re: Cancel lease before delivery?
 
Is it a factory build (order)?... A factory build can take up to 2 months so I don't understand how you already paid the first month and didn't take delivery. That being said the dealer should have only taken a deposit to get the car, not a "payment" or any other fee for that matter.

First month payment should only be made at contract inception which can't be done with out a VIN#, if all you made was a deposit it should be refundable if the car still isn't available. So to answer the question "is it possible to cancel a lease before taking delivery" the answer is you aren't leasing anything yet because there is no car. Good luck,,,,,,,,,,,,

sm1823 12-13-2010 11:45 AM

Re: Cancel lease before delivery?
 
Thanks for your advice guys. Just to close the loop, it was indeed a deposit and is refundable. So that's all good. Thanks again for your responses!

Scottina06 12-13-2010 11:59 AM

Re: Cancel lease before delivery?
 
search the inventory at jeep.com and you may be able to find the exact Jeep you ordered...


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