Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [lease]

Please use specific tags wherever possible: "auto-leasing" for Automobile or Vehicle leasing and "real-estate-leasing" for Real Estate related questions. This tag is for any questions that don't fit into those two options.

Please use specific tags wherever possible: for Automobile or Vehicle leasing and for Real Estate.

This tag is only for questions that don't fit into those two options. Please add country and state tag as appropriate.

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My mother co-signed for my car. Can she take it away from me if I am the one making car payments?

My credit is in the low 500s and I was unable to get a car loan. My mom cosigned for me and I've now had a beautiful car for three months. I've been making on-time payments, the registration is in my name, and the insurance is in my name as well.…
Megan M
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7 answers

Dealer is pressuring me to return the leased car and lease another car

I leased an SUV for 3 years, 36K miles, and the lease is due in a month and I only used 10k miles. The car is "full-option" and the buyout price is visible in the portal where I make the payments every month. I called and also went to the dealer…
Node.JS
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7 answers

Looking for a new job - how do I handle my landlord with apartment lease renewing?

Due to personal reasons, I am seeking employment in a different state. I haven't yet found a job - in fact I only just started my search - but I know that I will want to move, and I will want to be able to move as soon as I can once I have a job.…
Zibbobz
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Is a Co signer on a leased vehicle responsible for damages?

I co-signed for my sister car a couple years back. It was a leased car. And with leased cars you have to pay for all the damages you have caused. As a co signer am I the one responsible to pay for those damages that she caused?
Aw4931
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13
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8 answers

What's the best way to quickly get a car on low budget with a poor credit score?

I am starting a new position somewhere that I'll absolutely need a car, so I have to buy one. But I have a poor credit score, so the best APR rate I can receive is about 18%. That means financing a car isn't really an option for me. I also have lots…
nara
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12
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5 answers

guarantor's responsibility if lease is completed, but tenants refuse to leave

We signed a lease guaranteeing the rent for our son. He was expected to pay when he got on his feet, but has made no payments. We have paid all monthly payments and there are 2 months left on the lease. We put in our notice of not intending to…
mjohnson
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1 answer

What risks are there to co-signing an apartment if I get the money upfront?

My girlfriend is getting an apartment since she'll be away at school for 6 months. She's an international student so can't legally work off campus, but she has more than enough money to cover the apartment rent, etc. The apartment wants proof she…
Rob
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9
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6 answers

Should I move out from my current apartment before the contract ends to save more money?

I'm renting a room at $800 per month. I've lived here 2 months and I have a contract of 12 months. So, I have 10 more months before the contract ends. I have deposited $1300 as a security deposit. Based on the contract, if I wanted to move out…
Aqee
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9
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7 answers

Moving out of apartment 2 months early but rent's already paid

I signed a lease for a year and my lease for my apartment ends on July 27, 2019. My rent for this apartment is already paid off fully because I paid in advance and utilities are included in the rent so I don't have anything to pay monthly since I…
Ciara
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2 answers

How to determine lease vs buy for specific scenario of a Tesla Model 3 I plan to keep 3 years

I want a Tesla Model 3. Like this guy How to determine car loan length as a function of how long I plan to keep a car I (using his words): ...plan to keep for 3 years (see below for why) I am buying a piece of technology on wheels...and as such…
Emilio
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3 answers

Should I sell back a lease early in order to improve Debt-to-Income?

My wife and I just started the process of buying our first home. I've noticed DTI is very important as far as how much home you can get pre-approved for. Knowing this, I have started thinking of ways to improve my ratio. I will be the only one on…
ZRedford
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How to negotiate a lease when residual values on used cars are so high?

Negotiating a fair lease payment is usually boiled down to considering the depreciation value and finance charge - which involves the capitalized cost, residual value, and money factor. In the past, this has usually been a straight forward process.…
8protons
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1 answer

Lease equipment to someone or sell it?

I am currently designing a data logging system for an interested party. The cost of the items assembly and purchase is about $100 (board, power supply, 2 sensors). I want to get lets say 15$/month subscription out of this, to offer analytics, SMS,…
George Pamfilis
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How can a soon-to-expire lease at a low rate ruin a business’s profit margins?

Source: p 335, Investing For Canadians For Dummies, 3 Ed (2009) by Tony Martin, Eric Tyson If the company leases its space, what does the lease contract say? ¿ A soon-to-expire lease at a low rate can ruin a business’s profit margins. ¿ With…
user10763
1
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0 answers

Signed a cheap lease, Texas apartment complex wants me to resign a more expensive one

I have been in an apartment complex for over a year now. I got a new lease offer $100 less than it is currently for next year both verbally and I just signed the lease at this new rate. That was the rate I began renting at by the way. I have been…
user122471
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