Lease agreements: Tips, questions, and experiences
in Banking, Insurance & Loans ·
About two years ago, I picked up a Porsche through a lease agreement from a local dealership.
My monthly payment is sitting at around $125, spread over a seven-year term, with a final balloon payment of roughly $2,700 hitting at the end. Since I recently relocated to Austria, I’ve been wondering if there's any way to return the car early, especially since I'm technically not supposed to be driving it here given my residency and employment status. If returning it isn't an option, do you think I could just let my dad use it while I continue to handle all the payments myself?
My monthly payment is sitting at around $125, spread over a seven-year term, with a final balloon payment of roughly $2,700 hitting at the end. Since I recently relocated to Austria, I’ve been wondering if there's any way to return the car early, especially since I'm technically not supposed to be driving it here given my residency and employment status. If returning it isn't an option, do you think I could just let my dad use it while I continue to handle all the payments myself?