Lease takeover - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

Davr · 11-23-2014, 06:43 PM

recently ran into a financial hickup and have to give up my 10 series. here's a link to an ad i made up on kijiji, please help me find a new home for a great lil car. http://www.kijiji.ca/v-cars-trucks/k...ationFlag=true

Zozr · 11-23-2014, 08:04 PM

How did you manage to get a $600 payment on an FRS

raven1231 · 11-23-2014, 08:10 PM

Quote:

Originally Posted by Zozr

How did you manage to get a $600 payment on an FRS

negative equity FTW!

Davr · 11-23-2014, 08:14 PM

Hmm yeah I know that's gonna turn some away -_-

wparsons · 11-24-2014, 11:46 AM

$600 on a lease? Damn.

BRZ'13 · 11-24-2014, 06:25 PM

This will be a tough one to get rid of. You can buy a used frs for that lease price.

hmong337 · 11-24-2014, 06:50 PM

Quote:

Originally Posted by BRZ'13

This will be a tough one to get rid of. You can buy a used frs for that lease price.

You can buy a BRAND NEW FRS for less than that lease price!

Davr · 11-24-2014, 06:56 PM

I understand that getting someone to take over will be difficult, I didn't plan on having this happen. But I'm hoping that someone will want a 10 series enough to overlook the price.... that said, any advice as to how I might sweeten the deal are welcome.

BRZ'13 · 11-24-2014, 07:11 PM

Quote:

Originally Posted by Davr

I understand that getting someone to take over will be difficult, I didn't plan on having this happen. But I'm hoping that someone will want a 10 series enough to overlook the price.... that said, any advice as to how I might sweeten the deal are welcome.

Try offering a discount maybe? What's the buyout price on it right now?

I don't think any sane person would be willing to pay more on a lease then buying the car used or even new. What made you lease the car instead of financing it? Looking at the lease amount you pay, you would have been better off financing it for 5 years.

Foobar · 11-24-2014, 07:16 PM

That's too high a lease payment and too long a lease term. Nobody would be desperate enough to do a lease takeover on this. Afraid the only way around this is to pay down a good chunk of that lease, but if you had the means to do that, you wouldn't need to get rid of the car in the first place.

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brzr · 11-26-2014, 02:03 PM

ouch
that's my financing on my 2013 frs that i got new with some extra stuff

good luck.......you might have to come up with a cash incentive in order to find someone to pay so much for a lease
probably a high cash incentive

brzr · 11-26-2014, 02:04 PM

you should also get rid of that "too tall for it" comment

Mr.Impreza · 11-26-2014, 04:39 PM

Not sure if you have a smartphone with a data plan, but you should give that up also...just saying cause i see a lot of people have money issues yet they all have expensive smartphones with data plans.

But yeah this will be tough for you. It took me 1 month to do a lease takeover on my BMW which had 5grand down and a 490 a month payment, and people were still looking for a better deal....so yeah, i would first try to see other options like spend less, don't go out drinking at bars, get rid of a data plan, make home-made food etc...

Not trying to be a jerk, just giving advice because i don't think this will go quick since there is no incentive.
Sorry if my post makes you mad.

Wilso · 11-27-2014, 01:28 AM

Damn if you guys are saying 276/m for a lease is high I feel retarded :O

11-23-2014, 06:43 PM	#1
Davr Member Join Date: Oct 2013 Drives: Scion 10 series FR-S / MT Location: Waterloo Ontario Posts: 28 Thanks: 9 Thanked 4 Times in 3 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	Lease takeover recently ran into a financial hickup and have to give up my 10 series. here's a link to an ad i made up on kijiji, please help me find a new home for a great lil car. http://www.kijiji.ca/v-cars-trucks/k...ationFlag=true

11-26-2014, 02:03 PM	#11
brzr Senior Member Join Date: Jun 2013 Drives: 2013 frs Location: newmarket Posts: 478 Thanks: 244 Thanked 185 Times in 114 Posts Mentioned: 4 Post(s) Tagged: 0 Thread(s)	ouch that's my financing on my 2013 frs that i got new with some extra stuff good luck.......you might have to come up with a cash incentive in order to find someone to pay so much for a lease probably a high cash incentive __________________ i bought my plates 7 years before i bought my car http://www.ft86club.com/forums/album.php?albumid=1329

11-26-2014, 02:04 PM	#12
brzr Senior Member Join Date: Jun 2013 Drives: 2013 frs Location: newmarket Posts: 478 Thanks: 244 Thanked 185 Times in 114 Posts Mentioned: 4 Post(s) Tagged: 0 Thread(s)	you should also get rid of that "too tall for it" comment __________________ i bought my plates 7 years before i bought my car http://www.ft86club.com/forums/album.php?albumid=1329

11-26-2014, 04:39 PM	#13
Mr.Impreza Mr.Fujitsubo Join Date: Sep 2014 Drives: 2018 STI Location: Woodbridge Posts: 1,719 Thanks: 4,055 Thanked 1,552 Times in 784 Posts Mentioned: 31 Post(s) Tagged: 1 Thread(s)	Not sure if you have a smartphone with a data plan, but you should give that up also...just saying cause i see a lot of people have money issues yet they all have expensive smartphones with data plans. But yeah this will be tough for you. It took me 1 month to do a lease takeover on my BMW which had 5grand down and a 490 a month payment, and people were still looking for a better deal....so yeah, i would first try to see other options like spend less, don't go out drinking at bars, get rid of a data plan, make home-made food etc... Not trying to be a jerk, just giving advice because i don't think this will go quick since there is no incentive. Sorry if my post makes you mad. __________________ 2018 Subaru WRX STI ~ The Weekend Car ~ 2015 Toyota 86 ~ The Sold Car ~ Build Journal OFT Stage 1 Tune Review

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11-23-2014, 08:04 PM	#2
Zozr Senior Member Join Date: Dec 2013 Drives: White Location: US Posts: 116 Thanks: 20 Thanked 71 Times in 38 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	How did you manage to get a $600 payment on an FRS

11-23-2014, 08:14 PM	#4
Davr Member Join Date: Oct 2013 Drives: Scion 10 series FR-S / MT Location: Waterloo Ontario Posts: 28 Thanks: 9 Thanked 4 Times in 3 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	Hmm yeah I know that's gonna turn some away -_-

11-24-2014, 06:25 PM	#6
BRZ'13 Senior Member Join Date: Jun 2014 Drives: subaru Location: Hamilton ON, Canada Posts: 375 Thanks: 41 Thanked 92 Times in 67 Posts Mentioned: 2 Post(s) Tagged: 0 Thread(s)	This will be a tough one to get rid of. You can buy a used frs for that lease price.

11-24-2014, 06:56 PM	#8
Davr Member Join Date: Oct 2013 Drives: Scion 10 series FR-S / MT Location: Waterloo Ontario Posts: 28 Thanks: 9 Thanked 4 Times in 3 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	I understand that getting someone to take over will be difficult, I didn't plan on having this happen. But I'm hoping that someone will want a 10 series enough to overlook the price.... that said, any advice as to how I might sweeten the deal are welcome.

11-27-2014, 01:28 AM	#14
Wilso "Patience young Padawan" Join Date: Jul 2013 Drives: 2017 Crystal White BRZ Location: Aurora Posts: 380 Thanks: 270 Thanked 71 Times in 58 Posts Mentioned: 2 Post(s) Tagged: 0 Thread(s)	Damn if you guys are saying 276/m for a lease is high I feel retarded :O

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