
Grand Poobah's Guide to Ditching That Dino Car!
Yabba Dabba Doo! Fred Flinstone here reporting live from beautiful downtown Bedrock! Listen up because I know a thing or two about getting stuck with things you don't want. Like that bowling ball Barney gave me for my birthday...or this darn car lease! Seems like everyone's got these newfangled 'leases' these days and sometimes you just gotta get out. So I've been listenin' to those CNBC Select folks and they got some ideas. Let's see if they're better than Wilma's meatloaf... which by the way is always a winner! First you can just give the darn thing back! But hold your horses... it ain't that easy. They'll hit you with a fee bigger than Dino's appetite! Make sure you do the math or you might end up working overtime at the quarry just to pay it off!
Need a New Driver? Pass That Rockmobile!
If that fee is making your club look small maybe you can pass the rockmobile to someone else! These city slickers call it a 'lease transfer.' There are websites things like Leasehackr or Swapalease whatever those are. That sounds like something Wilma would find to organize her rocks. Anyways these websites can help you find someone who's willing to take over your payments. But read the fine print! If this new driver misses payments you might be held responsible! That's like blaming me for Barney's bad bowling scores – unfair!
Rolling in Dough or Just Rolling Over?
Another idea they have is to roll your payments into a new lease. Sounds like you're just digging yourself into a bigger hole than the one I fell into trying to hide from Wilma when I bought that new bowling ball! Yes the payments will increase and you might end up paying more than the rockmobile is worth. Just remember sometimes you gotta stop digging!
Buy the Beast! (If You Dare)
Sometimes you can just buy the darn thing outright! Then you can try to sell it. But if it's worth less than what you paid you might as well throw your money into the Grand Canyon. This is only a good idea if that rockmobile is worth more than you owe. Otherwise run! Run like Dino chasing a Bronto burger!
Credit Score Catastrophe? Yabba Dabba Don't!
Now listen close! Can you get out of this mess without hurting your credit score? If someone else takes over your lease and the rockmobile company approves you should be fine. But if not your credit score might take a bigger hit than my head after bowling a gutter ball! So be careful Fred! And you too!
Leasing vs. Owning: It's a Great Big Mystery!
These modern folks have all these fancy options like financing and leasing. Financing means you eventually own the rockmobile. Leasing? Well you are just renting it. Like when I 'borrow' Barney's tools but never give them back. Hehehe. There might be mileage limits. Heck I drive past the same spots every single day so I'll be fine on this one. They also have restrictions. No modifications! How am I supposed to put my custom dinosaur horn on the hood? This stinks worse than a wet saber tooth tiger!
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