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Old 04-22-2010, 09:47 PM   #1
3.14159265
Scooby Newbie
 
Member#: 136275
Join Date: Dec 2006
Chapter/Region: MAIC
Location: Pennsylvania
Vehicle:
2007 Impreza Wagon
Urban Gray Metallic

Default Subaru / Chase Finance Lease end - Please share your experiences.

My '07 Impreza's lease is up July 1st. I'm trying to figure out all of my options. I called Chase today but the guy I spoke with was completely useless. He just kept telling me to call my dealer, then basically hung up on me. The dealership just wants to sell me a new car, so I'm skeptical of any help they have to offer.

I'll be 17,000 or so miles over my lease limit, which will equates to around $2500 in overage charges. I'm probably going to end up buying the car to avoid paying this, but I'd still like to know how both options play out.

1) Does Chase offer any financing for your buyout amount?

2) If I turn the car in, how does the process work? Does the dealership evaluate the condition/damages of the car on the spot and come up with a number? Do I cut them a check right there? Or does Chase send me a bill later on? Can I first find out the total cost to me to turn in the car and THEN decide whether or not to do so?

3) Do I have until the lease end date to make a decision?

Please share your lease turn-in experiences! Thank you!
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