[hl0m4n]

my buddy got a tsx lease and is currently at about 30k miles and his lease term is allowed 30k total.

with about 16 months left of the lease it is safe to say, he will be at about 60k miles and at .20 cents a mile totaling him a whopping $6,000 in over miles.

now if he wants to end the lease he has to pay the $6k but if he decides to just finance it, will the dealer let go of the over miles or still charge him that ontop of financing the car value?

help much appreciated. thanks.

[Crimson92]

Originally Posted by hl0m4n

my buddy got a tsx lease and is currently at about 30k miles and his lease term is allowed 30k total.

with about 16 months left of the lease it is safe to say, he will be at about 60k miles and at .20 cents a mile totaling him a whopping $6,000 in over miles.

now if he wants to end the lease he has to pay the $6k but if he decides to just finance it, will the dealer let go of the over miles or still charge him that ontop of financing the car value?

help much appreciated. thanks.

if he buys if after the lease mileage doesnt matter

[hl0m4n]

Originally Posted by Crimson92

if he buys if after the lease mileage doesnt matter

thanks bro .

[UCSBMW]

Originally Posted by Crimson92

if he buys if after the lease mileage doesnt matter

+1...if he plans on buying it he might as well buy it now and not wait until lease end, you can get very low rates on approved credit, no use in waiting.

[MCMLXXXIX]

^^^ you can purchase the vehicle while its still in the lease term?

[Crimson92]

Originally Posted by MCMLXXXIX

^^^ you can purchase the vehicle while its still in the lease term?

yes

[hl0m4n]

Originally Posted by Crimson92

yes

if you can finance during lease term, what happens to the previous payments made?

[ideliver]

Originally Posted by hl0m4n

if you can finance during lease term, what happens to the previous payments made?

they are gone (but have been used to pay for the depreciation)

[UCSBMW]

Originally Posted by hl0m4n

if you can finance during lease term, what happens to the previous payments made?

you can look at your previous payments as renting the car...