6 Week Early Lease Return on 2010 Prius III - Over Miles

If you just turn the car back in early, you are still liable for the full lease amount so it wouldn't matter if you kept it or turned it in. I have done what you did in the past and just kept the car in the garage for a couple months. You could try to sell it yourself and see if you'll make enough over the lease-end residual value and termination fee. I was successful doing that once with a Nissan Maxima that was way over the mileage limit. Somehow I found a buyer that wanted the exact color I had (blue) and it needed new tires too - go figure.

 

They won't waive it if you turn it in. You will also have a lease termination fee - it should be stated in your lease agreement.

 

No, I didn't miss it. Maybe I should have said 'lease end fee' rather than 'lease termination fee'. Read your lease agreement to double check - they get you coming and going. On my 2010 Prius IV lease, there was a fee if I kept the car, and a fee if I turned it back in, although was told it's typically waived if I leased again.

 

Great that you don't have a disposition fee. Southeast Toyota Finance imposes one in their leases. Not to belabor the point, but I do understand you will pay all payments and want to turn it in 6 weeks early, but it's unlikely they will waive the $180 fee for being over the 1,000 miles. You should have received notice by now from the lease company to have your car inspected by one of their authorized inspectors. Have you done that yet?

 

this is why I don't lease

 

Wow, you can get better lease deals in CA - here it's 18 cents per mile overage and we have disposition fees. Good luck, hopefully they will waive it.

 

I would pay the small mileage charge, turn the car in NOW; strange things car happen between now the later/original turn in date.. Cancel your insurance; some savings ??....more room in garage for the MINI..

 

In the initial post it sounds like you already asked and were turned down. You can now hold onto the car and stew over $150 or drop it off early and be done with it. Yes, turning the car in early is a benefit to Toyota, but they also do not care either way.

 

Take it to carmax and sell it. I did that a few years ago and i ended up with a 1200 dollar check.

 

The Carmax is worth a try

 

Sounds like a bunch of effort just to save $150. What's the big deal anyway, your over mileage and that's part of your contract.

 

Glad to hear it worked out for you! Have fun with the Mini!

 

Mini S is an awesome little car unless you keep it into higher miles or age. I have worked on them a few times. It is truly a small BMW. Expect $1200 brake jobs and $2500 clutch jobs. The drive experience is exceptional.