Legal Question in Consumer Law in New York
I live in NY State and I want to terminate a car lease because I have reached the maximum mileage with about 8 months left on a 36 month lease. Do I have to pay the remaining 8 months' payments or can I turn the car in and just pay the mileage overage at this time? The dealer says I owe about $1,800 for the balance of the payments I would have made if I went the whole 36 month term.
Please advise on what I owe in this situation.
Asked on 12/12/16, 5:44 pm
1 Answer from Attorneys
SHAHRIAR KASHANIAN
LAW OFFICES OF SHAHRIAR KASHANIAN, ESQ.,
You owe the remainder of the lease unless you use your car as leverage to enter in to a new lease with the same manufacturer for a new car; that works best.
Answered on 12/12/16, 5:49 pm
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