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How can I get out of my G35X lease?

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Old Jun 24, 2008 | 01:32 PM
  #1  
bd700fly's Avatar
bd700fly
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How can I get out of my G35X lease?

I have an 06G35 lease that expires April 2009. My compnay pays for part of the lease but effective December 1 2008, they will only allow me to lease a car from GM. So if I dont start a new lease with infiniti be4 12/1 I will end up in April with a GM product.

Is there any way I can get Infiniti finance to take my car back now and offer a new G37lease? The way I see it is that Infiniti will have me as a customer for 3 more years and my G35x can be sold at better price now.. since by the time i return the car in April it will have 62k miles ( i buy 20k miles per year)

Thanks.
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Old Jun 24, 2008 | 02:06 PM
  #2  
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speedracer g37
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leasetrader.com

edit: actually, the mileage will most likely preclude anyone taking over your lease. you're looking at a substantial penalty at the end because of your mileage. i have heard of some dealerships working on lease trades near the end of lease terms. you should call a dealership and see if they'll work with you.

Last edited by speedracer g37; Jun 24, 2008 at 02:30 PM.
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Old Jun 24, 2008 | 05:56 PM
  #3  
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RIDEwithG
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From: Southern California
Originally Posted by bd700fly
I have an 06G35 lease that expires April 2009. My compnay pays for part of the lease but effective December 1 2008, they will only allow me to lease a car from GM. So if I dont start a new lease with infiniti be4 12/1 I will end up in April with a GM product.

Is there any way I can get Infiniti finance to take my car back now and offer a new G37lease? The way I see it is that Infiniti will have me as a customer for 3 more years and my G35x can be sold at better price now.. since by the time i return the car in April it will have 62k miles ( i buy 20k miles per year)

Thanks.
You can terminate your lease by selling the vehicle as a trading. Depending on the mileage and condition of your car, you may have either equity or you may have negative equity by trading in.

Another alternative is to find someone to assume your lease (pending IFS approval).

IFS will not just absorb the negative equity for you or let you off your lease in advance if you have no equity. Every time you end a lease prematurely, it will cost you.
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