Quote:
Originally Posted by TripleB
Check the terms of your Malibu lease. Mine says no penalty for turning the lease in early (early termination). Which means I can go down there and turn the car in and pay nothing. Granted I won't have a car, but that would allow me to get a Camaro without any negative equity.
I'm in almost the same boat as you. I leased my Malibu back in July, but really want a Camaro now. Reading issues people are having and now seeing the 1LE it's making it easier to wait.
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No penalty means you don't pay anything ON TOP of what you owe....which is all the remaining payments of the lease. It doesn't mean you can just turn it in, and walk away free.