So my lease is 12k per year, and well now 5 months in I'm at 11900. Opps, I guess I enjoy driving the car. Well I guess it will only be a problem if I don't end up buying it later. Who else is way over the margin already?

 

Wezbian is waaaaay over his allotment as well. I think he keeps a spreadsheet which tallies his miles per month. Last I asked him, he was in January's miles now.

You're not alone.

 

that sucks. how much do you have to pay when you go over the lease miles?

 

$.30/mile I think, dealer will probably allow you $500 towards turn in (damages, mileage etc,,)

 

im at like 22K and am 1 year 2 months into my lease. I got 15k a year. hopefully its just 1st year excitement and will ware down.

 

If you had purchased your vehicle versus renting it, you wouldn't have this problem. Why did you choose the "highest cost of ownership" option?

I can't imagine you had all the facts and still chose to rent... or did you buy into all the leasing BS?

Dr.

 

I thought you were selling your G? Thats why you put it back to stock right?

 

i remember somewhere saying hes selling his mods for money for his MBA school?

 

I have 10k a year. I should be 2k over when the first year of my lease is over.

 

8k miles here, have had it for 4 months, so roughly - 24k in a year. eek!


I will most probably buy out end of lease.

 

Well I'm not sure if your really banned or not, but really I don't care about your opinion.

I lease my car for probably one of the best deals anyone got, 12k per year, 446 per month including tax, and for 2 years. If I decided I liked the car after 2 years I intend on buying out the lease. But regardless, my buyout residual is less than 2 year old G35 coupe are selling for right now. So in a year and a half my worst case senario is either pay infiniti or sell private party at the lease's termination and maybe get 2k or 3k to walk away with.

So Dr. of who knows, tell me if you can (banned), why do you care about my finances? Unless you're planning on paying for my lease, I will be more than happy to listen to your "speech." Until then, grab deez while I cough!

 

considering cars retain so much of their value . You do realize to come out ahead on this type of vehicle you need to own it for almost 5.5 years.

 

Had that problem with my last car. I put it up on Swapalease.com or Leasetrader.com. I would have had to cut a check for $3000 just for miles so I got rid of the car and purchased my G37s

 

They retain value which is good, but I'm governed by my residual buyout, not the higher market value. Granted if the market value goes below my residual, then I'm screwed. It is a gamble, but I'd only lease a luxury vehicle because of the market value.

 

we're on the same boat