returning
Thread Starter
Pro
Joined: Jan 2006
Posts: 582
Likes: 0
From: Fort Lauderdale Florida
returning
I may be terminating my lease on my 06 vette, due to a few reasons.
I dont need the expense,I work alot and have no time to enjoy,insurance is high,and payment is high.
I really got this car on impulse which I am sure a lot of folks here have done.
Belive me I love this car ,but I need to down size,tomorrow I will call the bank to find out the damages
Has anyone else done this/ or is thinking of it?
I dont need the expense,I work alot and have no time to enjoy,insurance is high,and payment is high.
I really got this car on impulse which I am sure a lot of folks here have done.
Belive me I love this car ,but I need to down size,tomorrow I will call the bank to find out the damages
Has anyone else done this/ or is thinking of it?
Team Owner
Joined: Mar 2006
Posts: 53,282
Likes: 3
From: God Bless America
No way am I taking mine back, waited way to long to get it LOL. I have however, seen a few folks decide the Z is a little more car than they need because of the same reasons you have listed. If I was guessing, you may regret that decision a ways down the road unless you have just completely lost interest in the car. Good luck on what ever decision you make. 
Thread Starter
Pro
Joined: Jan 2006
Posts: 582
Likes: 0
From: Fort Lauderdale Florida
No way am I taking mine back, waited way to long to get it LOL. I have however, seen a few folks decide the Z is a little more car than they need because of the same reasons you have listed. If I was guessing, you may regret that decision a ways down the road unless you have just completely lost interest in the car. Good luck on what ever decision you make.
Melting Slicks
Joined: Jul 2005
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Le Mans Master
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Joined: Mar 2005
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Safety Car
Joined: Oct 2004
Posts: 3,786
Likes: 0
From: Pleasanton California
I love cars...but cars come & go. No point in hanging on to something that makes you feel uncomfortable budget-wise. I waited a long time to buy a Corvette so I wouldn't be car-poor when owning it. I know I wouldn't enjoy mine nearly as much if the payment was stressing me out.
Team Owner
Joined: Aug 2003
Posts: 24,491
Likes: 311
From: Scottsdale AZ
Why not see if you can get someone to take over your lease and avoid taking the enormous hit (and just take a little hit...)
Post it in the 'for sale' section and see if there are any takers . . .seems like it'd be worth a shot?
Good luck.
Post it in the 'for sale' section and see if there are any takers . . .seems like it'd be worth a shot?
Good luck.
Burning Brakes
Joined: Dec 2006
Posts: 1,003
Likes: 0
From: Phoenix for 6 months Alberta/Arizona
Hate to say this but you're going to get killed on this. Depreciation in the first year is huge. See what the bank says and than see if selling it privately makes more sense.
Melting Slicks
Joined: Aug 2006
Posts: 3,056
Likes: 10
From: Wisconsin
Consider if you can locate someone who may want to take over your lease payments. That would benefit both of you.
Just remember, no one ever died and said they wished they had put more hours in on the job.
Good luck with your decision!
Just remember, no one ever died and said they wished they had put more hours in on the job.
Good luck with your decision!