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Old Jan 10, 2006 | 01:26 AM
  #1  
wills87's Avatar
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From: Lockport
Trade In

ok....in september i bought a 2006 cobalt ss n/a, well i have it for 4 years and i leased it........is there any possible way that i could trade it in and get a s/c cobalt?, i like this car but i would love a s/c

any ideas?
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Old Jan 10, 2006 | 01:37 AM
  #2  
zinner's Avatar
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From: RTP, NC
I don't think it's easy to break out of a car lease and if you can it's gonna be a lot of money probably like the sum of all your payments left and probably enough to supercharge your SS NA.
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Old Jan 10, 2006 | 09:07 PM
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You have to pay off all the leas payments and then buy the car. So you have to take out a loan to do this. Then you can traid it in but you are going to lose alot of cash on it.
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Old Jan 10, 2006 | 09:10 PM
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From: Toronto (woodbridge)
Originally Posted by wills87
ok....in september i bought a 2006 cobalt ss n/a, well i have it for 4 years and i leased it........is there any possible way that i could trade it in and get a s/c cobalt?, i like this car but i would love a s/c

any ideas?
i dont think its easy at all... to what i knwo ur have to pay whats left on ur lease for the SS and then go and lease an SC unless u find sumone to tak eove rur lease for the SS then it makes your life REALLY REALLY EASY!
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Old Jan 10, 2006 | 09:22 PM
  #5  
zinner's Avatar
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From: RTP, NC
Originally Posted by plyboy-illest
i dont think its easy at all... to what i knwo ur have to pay whats left on ur lease for the SS and then go and lease an SC unless u find sumone to tak eove rur lease for the SS then it makes your life REALLY REALLY EASY!
It was gonna cost me 900 bux to take over/transfer a GMAC lease from my parents. I ended up just making the payments for them.
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Old Jan 10, 2006 | 09:31 PM
  #6  
plyboy-illest's Avatar
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From: Toronto (woodbridge)
Originally Posted by zinner
It was gonna cost me 900 bux to take over/transfer a GMAC lease from my parents. I ended up just making the payments for them.

yea here it about the same to chnage the pappers over tot he other person then chnage the lease contract... but if ur tryignt o get rid of a lease thats the bext thing to do is try gettign rid of the lase to someone else liek a family member or a frined...
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Old Jan 10, 2006 | 09:34 PM
  #7  
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It is not as impossible as all you "appear" to think it is. The lease document may say that the only out of a lease is to make all the lease payments. They have to say that. There is almost always a way out of a lease. If your trying to break the lease with someone to go elsewhere, then yes they will make it difficult for you and hold you to your contract. The lessor does not want to lose the interest revenue on your lease. If your only wish is to trade up and extend your lease term with them, they will be happy to do this for you. They will build in an admistrative fee ( profit grab) for switching out the asset. Where most get hurt is when the depreciation hit happens. First year really bad, fourth year very little. They will either have you pay a cash penalty or take the depreciation amount and build it into your future payment. They like doing this, they are financing more money.

Sorry for the long post, 18 years in leasing makes it hard to use few words
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Old Jan 11, 2006 | 02:48 AM
  #8  
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From: RTP, NC
^^^^

No one said it was impossible. We basically agree with what you said, with the addition of you are going to lose money in the deal, a lot of money.
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Old Jan 11, 2006 | 10:24 AM
  #9  
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just keep the 2.4 and supercharge it youll have the saem if not more power than the 2.0
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Old Jan 11, 2006 | 02:26 PM
  #10  
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From: HOUSTON
I agree just keep the 2.4 supercharge it and save some money. I think it will cost abut 2800 to buy the supercharger.

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Old Jan 11, 2006 | 03:39 PM
  #11  
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Just give your lease to someone else. Tell them the next payment is on you. Isint it that simple?
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Old Apr 5, 2006 | 07:39 PM
  #12  
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From: STL
If you modify it just make sure it can be returned to stock so you dont get screwed at the end of the lease. Things you also have to consider trading it is the fact that the ss/sc has summer only tires, so if you live in an area with a lot of snow you will have to get winter tires/wheels. The clutches hold up for some people and dont hold up for others. Insurance will be higher, just a few things to keep in mind when considering the cost.
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Old Apr 5, 2006 | 08:39 PM
  #13  
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From: Buckeye, Az
Shoulda been more patient when you bought your cobaltr in the first place, and you'd have the 2.0 right now..But instead, you screwed yourself.
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Old Apr 5, 2006 | 09:49 PM
  #14  
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From: Edmonton
I'll add some input..
I bought my SS2.4 in December 05. My dealership says its possible to cancel the lease im currently in, but i would have to pay the depreciation first. that is $4800. So if i pay that, thats it, i can then start another lease on the SS/SC. This Friday im going in to either make it happen or just keep my 2.4 and modd it. So yeah, depending on your dealership it is possible but your looking at lots of money lost in depreciation. Also, you got yours in September and every month you way that # goes up You may be looking around 6-8grand. BTW im talking Canadian currency. So yea, all depends on how bad you want it, but in most cases, it is possible
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