Need help asap! Leasing cars

amother

Mon, Aug 12 2024, 12:55 pm

Please tell me someone here can help. I leased a mini van and it is now due up. I extended the lease and thought I had until the end of the month but was notified today I have three days to turn in the car or buy it in full as my lease is out of compliance.
I am freaking out. What is my best bet? They are offering very little to trade in the car towards a new car and they are telling me even with the trade in, a new same car will cost me over 200$ more per month than I am paying now. The car is worth alot of money, it is a 3 year old leather odyssey, it should be worth way more than the small deduction they are offering.
Do people buy and trade through rodo? If I go through A leasing company, which would give me the best deal ? Is there a way to quickly sell it while trading for a new car? We do not want to buy this car and keep it as the model has had many recalls. We are looking to lease, not buy a used car either.

Please help and advise!!

amother

Chambray

Mon, Aug 12 2024, 3:37 pm

If you leased through Honda Financial they will give you at least a 10 day grace period after the lease ends to figure it out. Call them and tell them you need a little more time to figure it out.

amother

Mauve

Mon, Aug 12 2024, 3:49 pm

Have you shopped around? Can you afford to buy out the lease?

Whatever you do, do not NOT take it back. If you do not return it on time they can file a police report and have you arrested (yes, I know someone this happened to)

amother

Lightyellow

Mon, Aug 12 2024, 4:21 pm

Ask any of the leasing guys for help, then ask another one and just settle with what one of them offers.

Worst case. Give it back and rent a car if you must.