So, back in 2006 I leased a subaru impreza outback sport SE... but alas the lease is up Feb 11th.
When I got the car, i was making $800 a week had great credit and everything was peachy.
Last year my credit plummeted when I lost my job and literally with in the last 3 months have just been able to begin repairing it.
My original intention after about 6 months was to buy the car so I went over milage... by about 30,000... But now that my credit sucks, I don't know if they would finance me.
I have been trying to get a hold of someone in financing for a bit now, but because of the holidays, I haven't been able to.
I have like $2000 saved now which I can either use to pay off debts or towards paying for the car.
To return the lease I owe $5500 cause of milage and return costs
To buy I owe $9000 (but doubt they would finance me)
I think my other option is to try to sell it and have the lease end and sell it the same day. Has anyone ever heard of someone doing this. My contract says that I have to be the one to buy it, but what if someone gives me $9000 and I bring it in to the place and sign everything over to me then do the same to someone else that same day. Could this work?
If it can.... anyone want a Subaru below market value?