Ok- will try to keep this short...
I have an 06 Mercedes SLK 280 that is about to come off lease (last payment already made) and I have no intention of getting another Mercedes (ever). In fact, I already bought another car. I am WAY under my miles by almost 15K. The problem is that DH and I just realized that our lease requires us to turn the car in back in NJ where we originally leased it... but we live in CA now.
So worst case scenario, we are going to be out ~$1000 to have it shipped back but I was wondering if anyone had any advice/suggestions.
We need to locate the copy of our lease but I'm fairly certain we were informed of this at the time and it did not matter b/c we never planned on moving. DH is already on it to push back on the leasing company but I doubt anything will change.
We thought about buying out the lease since the mileage is low but we really don't want the hassle or risk of trying to sell it on our own. The buy out is about $28500 and the blue book value is about $34000. We just bought my 'new' car (actually a used BMW) and we paid in full so we really don't want to lay out anymore cash and wouldn't consider financing it.
I also looked into those lease trader websites but I really don't think anyone is going to go for a lease with 5 weeks left and the issue of having to get it back to NJ.
Hopefully someone will have some advice but I have a feeling we will be shipping the car back to NJ.
I have an 06 Mercedes SLK 280 that is about to come off lease (last payment already made) and I have no intention of getting another Mercedes (ever). In fact, I already bought another car. I am WAY under my miles by almost 15K. The problem is that DH and I just realized that our lease requires us to turn the car in back in NJ where we originally leased it... but we live in CA now.
So worst case scenario, we are going to be out ~$1000 to have it shipped back but I was wondering if anyone had any advice/suggestions.
We need to locate the copy of our lease but I'm fairly certain we were informed of this at the time and it did not matter b/c we never planned on moving. DH is already on it to push back on the leasing company but I doubt anything will change.
We thought about buying out the lease since the mileage is low but we really don't want the hassle or risk of trying to sell it on our own. The buy out is about $28500 and the blue book value is about $34000. We just bought my 'new' car (actually a used BMW) and we paid in full so we really don't want to lay out anymore cash and wouldn't consider financing it.
I also looked into those lease trader websites but I really don't think anyone is going to go for a lease with 5 weeks left and the issue of having to get it back to NJ.
Hopefully someone will have some advice but I have a feeling we will be shipping the car back to NJ.