I am interested in selling my Rav4EV in February of next year (after leasing it for 18 month). Does anyone have any experience getting out of a 36 month lease with Toyota on a Rav4EV? The questions I have are:
1) How do I ensure I am not liable for the lease payments after I transfer ownership?
2) Does TFS even allow transfer prior to the 36 months?
3) What are the penalties?
4) Does this affect my credit score? Is it like defaulting on a loan?
5) According to the TFS website, I can buy my car for $29,322. Is that really correct? What about all the incentives TFS gave me? If that's really true and someone wanted to buy the car, why not just lease it for one month and get the $17,500 in incentives and then turn around and purchase it?
6) I know I will have to give California half of the $2500 back.
7) Would going through a Toyota dealer be the safest way to do this?
1) How do I ensure I am not liable for the lease payments after I transfer ownership?
2) Does TFS even allow transfer prior to the 36 months?
3) What are the penalties?
4) Does this affect my credit score? Is it like defaulting on a loan?
5) According to the TFS website, I can buy my car for $29,322. Is that really correct? What about all the incentives TFS gave me? If that's really true and someone wanted to buy the car, why not just lease it for one month and get the $17,500 in incentives and then turn around and purchase it?
6) I know I will have to give California half of the $2500 back.
7) Would going through a Toyota dealer be the safest way to do this?