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early termination of lease purchase

irisheyes12 · 2009-05-29 21:13:20

have a lease of a car and have paid over 50% of payments but am not working now,believe that once you have paid over 50% of instalments you can return the veichle to the leasing company without penalties ?:)

29-05-2009 9:13pm

#1

irisheyes12

Closed Accounts Posts: 7 ✭

Join Date: May 2009

Posts: 5

have a lease of a car and have paid over 50% of payments but am not working now,believe that once you have paid over 50% of instalments you can return the veichle to the leasing company without penalties ?:)

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Comments

#2 29-05-2009 9:18pm

Alzar

Registered Users, Registered Users 2 Posts: 314 ✭✭

Join Date: April 2008

Posts: 303

there was a thread on the motors forum about this.
Do a search on that forum for "half-rule", that should bring up the thread.

HTH

Al.

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#3 29-05-2009 9:28pm

irisheyes12

Closed Accounts Posts: 7 ✭

Join Date: May 2009

Posts: 5

okay many tks.......

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