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greenmango
recently joined

Reged: 01/05/09
Posts: 5

what to do with 2 cars

#491437 - 01/05/09 10:24 AM

hello,

I'm hoping to get some advice. I'm going through a divorce and have 2 cars. Both cars are under my name and are on leases. Obviously, I'm not going to be able to afford bought cars by myself. Car 1--will reach it's lease end on Sept of 2009, higher payments. Car 2- has 2 more yrs to go, lower payments. I want help to decide which car should I return. I was thinking return car2 and when car1 reach end of lease I can try to buy it at lower payments. I know either way I'll be screwed because returning the lease car will hit my credit report but it's not like I have many options.

thanks. greenmango

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finz
Carpal \'Tunnel

Reged: 06/17/08
Posts: 6481

Re: what to do with 2 cars

[Re: greenmango]
#495414 - 01/18/09 04:54 PM

I'd check with the car lease company and compare what the pealties will be for early termination for each car

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