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Customer Question

I just leased an suv I cannot afford. The dealership says I cannot return the car because of the contract for 39 months! I purchased this car 3 hours ago, what do I have to do to get out of this car and back into my old suv; Is there a law or something to help me retract or bail??

Submitted: 348 days and 7 hours ago.
Category: Legal
Value: $38
Status: CLOSED
 
 
 
 
 
 

Optional Information

State/Country relating to Question: Florida

Already Tried:
went back to dealership and told them I couldn't afford suv and they said sorry you are stuck

 
 
 
 
 
 
Posted by LawNinvest 348 days and 7 hours ago.

Expert's Answer

Unfortunately there is no federal or state law which gives the consumer a three day right to cancel. As soon as you sign and drive away with the vehicle you are liable to the agreed contract. You would be liable per the terms you have agreed to.

As to options see if you can assign the lease terms to a third party. You would need to review this to see if it is an option or whether the dealer can do this for you. There are lease transfer companies which can assist with this.

Other option would be to try to sell the vehicle and then use those funds to pay off on the lease terms. This of course is harder to do since the sales price would generally be less than what you would pay for having to purchase the vehicle.





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Please Note: My answer is limited to your facts presented and additional information you post may not come in after my reply or answer has posted, if this has occurred please let me know and I will answer further. Due to site tech reasons, oftentimes I am initially only able to see the first part of your post, so this may result in more interactions between us. There might also be a delay in my reply or answers, as I may be helping other customers, doing research on your question, called away from my office or have logged off. Please be assured your question(s) will be answered promptly.

If I have been helpful, please click Accept for my time and research, this is the only way I get paid. If you need more help or clarification, please click reply. Positive Feedback is greatly appreciated and reciprocated. Feedback should relate to customer service and not about the law, which I have no control over. You can always request me through my profile here or beginning your question with “Attention lawNinvest” Thank you.

Legal Disclaimer. The information given by me is not legal advice. You should not and may not rely on anything on this website as legal advice. I am not establishing an attorney-client relationship with you. I am providing only research, resources and information only for you to be informed and educated about your particular needs and my answer is limited to the facts presented. You are only paying me for such information given. I do not provide general or specific legal advice. . No part of this disclaimer can be copied or reproduced without the express consent of the owner[lawNinvest]. Thank you.


 
 
 
 
 
 
348 days and 7 hours ago.

Customer Reply

but the 3rd party gets stuck w/ the suv and I cannot get back my old suv that I traded; so, I'm doubly screwed!

 
 
 
 
 
 

Accepted Answer

Unless you swap leases with another vehicle, this is the only way you can get rid of a lease that you cannot afford. You have no grounds to break the lease, your goal now is to either pay it or transfer it to someone else. The transaction with the dealer is final.



Please click accept, it is greatly appreciated. To request me for future questions, please begin your question with “Attention lawNinvest” Thank you.

_______________________________________________

Please Note: My answer is limited to your facts presented and additional information you post may not come in after my reply or answer has posted, if this has occurred please let me know and I will answer further. Due to site tech reasons, oftentimes I am initially only able to see the first part of your post, so this may result in more interactions between us. There might also be a delay in my reply or answers, as I may be helping other customers, doing research on your question, called away from my office or have logged off. Please be assured your question(s) will be answered promptly.

If I have been helpful, please click Accept for my time and research, this is the only way I get paid. If you need more help or clarification, please click reply. Positive Feedback is greatly appreciated and reciprocated. Feedback should relate to customer service and not about the law, which I have no control over. You can always request me through my profile here or beginning your question with “Attention lawNinvest” Thank you.

Legal Disclaimer. The information given by me is not legal advice. You should not and may not rely on anything on this website as legal advice. I am not establishing an attorney-client relationship with you. I am providing only research, resources and information only for you to be informed and educated about your particular needs and my answer is limited to the facts presented. You are only paying me for such information given. I do not provide general or specific legal advice. . No part of this disclaimer can be copied or reproduced without the express consent of the owner[lawNinvest]. Thank you.

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Expert: LawNinvest
Pos. Feedback: 99.5 %
Accepts: 7990
Answered: 9/22/2009

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