If you are buying out your lease... - TerrainForum.net: GMC Terrain Forum
 
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post #1 of 2 (permalink) Old 11-12-2011, 02:54 AM Thread Starter
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If you are buying out your lease...

and if after say your three year term is up, and you're over the allotted mileage, will you still be assessed the over-mileage penalty? How bout having the vehicle inspected for damage and being dinged for anything found. Even if you are going to be final owner. That sounds kinda silly, but wouldn't put it past how the 'system' works. Can anyone shed some light on these questions?

Thanks in advance

2012 GMC Terrain SLE-1<br />Mocha Steel Metallic
jgroenke is offline  
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post #2 of 2 (permalink) Old 11-12-2011, 11:05 AM
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Re: If you are buying out your lease...

Quote:
Originally Posted by jgroenke
and if after say your three year term is up, and you're over the allotted mileage, will you still be assessed the over-mileage penalty? How bout having the vehicle inspected for damage and being dinged for anything found. Even if you are going to be final owner. That sounds kinda silly, but wouldn't put it past how the 'system' works. Can anyone shed some light on these questions?

Thanks in advance
No because it would be your car, a lot of people who are over miles buy their car because its cheaper than them having to pay the overage. Not smart people in the first place so its not something I would shoot for. Most buy out prices are not worth it

2010 Equinox 2LT<br />Cyber Gray Metallic<br />Chrome Package<br />Black Leather Interior
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