Switching from automatic to standard process

[shishand]

Anyone know the process of switching from a lease, AT to a lease MT? How much money would i lose? I had put 3 down, and paid about 3 payments, so about 24k left, and the car is at 24XX mileage and no problem with anything at all and everything stock for the most part..

So anyone know the process and how much i would lose..ect or if its even possible? I was just considering it and wanted to know if its even possible haha and how much i'd lose, any thoughts?

[seven]

Ask a dealer, however I can say you probably won't like the answer.

[shishand]

Originally Posted by seven

Ask a dealer, however I can say you probably won't like the answer.

its cool haha just tell me!

[wbradley]

Usually to get out of a lease you have to pay out the full amount minus what the dealer is willing to pay for the vehicle so that they might resell it. So you might have $24K left and if the dealer is willing to buy the car just subtract the difference. The are not obligate to buy the car back and you will likely lose several thousand in the process.

You could also go to Leasebusters or any other online lease takeover service that enables you to find someone to assume your lease. Usually there is a few hundred in admin fees and you have to offer your prospective lessor an incentive, eg $1,000.00 cash upon signing or a few lease payments PLUS you pay all admin fees.

[Beyer Subaru]

This is all hypothetical:
You probably would lose what ever you put down.
You would be responsible for any ancillary fees for early cancellation.
The dealer would buy out the lease and you would be responsible for what ever the remainder is.

The hard part is that once you trade this car in the dealer would be competing with new car sale pricing.

The positive side of things is that these cars are few and far between. So your "preowned" value is going to be pretty strong.

[seven]

Originally Posted by shishand

its cool haha just tell me!

I'm just saying I've looked into this before (not for auto/manual swap but for a newer bodystyle vs older) and it was pretty expensive, so I decided against it

Originally Posted by Beyer Subaru

This is all hypothetical:
You probably would lose what ever you put down.
You would be responsible for any ancillary fees for early cancellation.
The dealer would buy out the lease and you would be responsible for what ever the remainder is.

The hard part is that once you trade this car in the dealer would be competing with new car sale pricing.

The positive side of things is that these cars are few and far between. So your "preowned" value is going to be pretty strong.

This is very realistic

[Beyer Subaru]

Yep. It's far from ideal but it is doable. It would be the same as a recent purchase trade-in. You would lose money down, Taxes, Tags, Fees and take a two year depreciation up front. It would prolly all work out to 2-4 grand depending on money down, etc..
It will hurt but it doesn't compare to what happiness the money would buy.

[seven]

Originally Posted by Beyer Subaru

Yep. It's far from ideal but it is doable. It would be the same as a recent purchase trade-in. You would lose money down, Taxes, Tags, Fees and take a two year depreciation up front. It would prolly all work out to 2-4 grand depending on money down, etc..
It will hurt but it doesn't compare to what happiness the money would buy.

This is also why I almost (besides the FR-S and one other car) never buy new. Because when you buy used (even if its CPO), you still don't take as much of a depreciation hit on the car. Hence why I've been able to own 30+ cars without losing much money (made profit on some).

[shishand]

so sounds like about a good 3000$ loss lol fuck that ill just buy a second car, used off CL, that way ill have two cars, i won't be learning manual on a new car anddd ill have two cars