Help W/ Car Situation...

[hl0m4n]

my friend's mom is having nothing but headaches with her jetta so she wants out. problem is it is a lease with 10 months left @$350 month totaling to $3,500 remaining on lease payments.

if she pays the remaining 10 months of the lease, can she go into a dealer and have them take the car as a trade in based on the residual?

i believe it is an 08 model jetta. help much appreciated.

PS: i thought jettas fixed their electrical issues after the current body was released?

[nnnnnnnnnnnnnnnnnnnnnn]

umm no. It is a lease. She has no equity in it.

[Blake]

find out what the residual is, add that amount of the remaining payments, get the car appraised, go from there. if the residual and remaining payments are close to the appraised value, just do a trade and save the grief. even if it's upside-down slightly, sometimes it's just better to roll it into a new car financing. never lease again.

[hl0m4n]

uh tell me about it, biggest headache ever. when i returned my lease last december there was a small ding and a scratched area on the front bumper. but it says anything less then x amount of inches and it is covered.

i got this circular plastic tool thing to determine if it free or not. everything checked out and when i returned the car they charged me $850 for both the ding and the scratches... i knew i should have taken it to some cheap body shop and got it fixed before then. now i know.

anyhow, what if she pays off the lease payments and try selling the car at residual or residual and additional $2k off or something?