Any shadeball car salesman in here?

[tony hardware 0]

I lease an '08 Jeep Grand Cherokee. Since Chrysler is in rough shape, can I go into my Jeep dealership and offer to buyout the remainder of the lease and the remaining value in the car if they cut me a deal by discounting a few thousand? I'm sure they don't want to be stuck with the inventory when the lease is up in 2010 and I'm sure they could use the liquidity now . . .

[King of Gondor 0]

It don't think it wouldt be the dealer you would talk to. The buyout would be thru the Financial company that provided the lease - most likely Chrysler Financial - which no longer is in the lease business. You would have to weasel your way with them.

 

The Finacial company owns the car - when you turn the lease in, the financial company still owns the car not the dealer, they just work with the dealers to provide the inspections. I would think most of the cars after they are turned probably end up at auction.