2005 Toyota Avalon lease expires 10/01/10. I'm already 10,000 miles over....

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ohreguy

New member
...Want a 2010 Buick LaCrosse next? my credit has taken a nose dive due to many factors. starting a well-paying job this month. 1st--will I even qualify for financing(maybe w a co-signer)? Would the Toyota dealer be more lenient on me if I go for an Avalon again? Bottom line, what should I do to get a new car & when should I do it since I'm over on miles, one dealer told me to get out of lease now. PLEASE HELP!
 
How will you get out now?

If you try and trade it in, you wont qualify for loan or lease due to your credit.

If you try and sell your lease no one would want it due to you being over the mileage.

The best thing to do is keep it and hope your credit improves when the lease expires then buy it outright. If your credit doesnt improve then you have no choice but to pay the penalty and buy a used car with cash. So start saving.
 
Toyota Avalons are great sellers. Get a payoff and see if you can sell it for anywhere near that.

Or keep the Avalon beyond the lease if you have that option. They are great cars that last along time.

Why buy or lease another new car? You need to get out of that trading cycle...it is a huge waste of money.

We as consumers are trained to keep consuming, even when it is totally unnecessary.

Wake up and start paying yourself instead of corporate America!

Good luck
 
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