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lease ending

VoltLovrrVoltLovrr Member Posts: 1
edited July 2019 in Chevrolet
My lease ends at the literal end of this upcoming year, December 30th 2019, and while I would love to lease the same model again, they recently announced they would stop producing the model by 2019. This is the first time leasing as I've always bought pre-owned, do I have any options or loopholes in extending my lease as to give myself more time to looking for alternative make/models? Especially since when I leased, at right before the beginning of 2017, the dealership and my research never mentioned the model being in discussion of ending production...

Answers

  • MichaellMichaell Moderator Posts: 250,059
    VoltLovrr said:

    My lease ends at the literal end of this upcoming year, December 30th 2019, and while I would love to lease the same model again, they recently announced they would stop producing the model by 2019. This is the first time leasing as I've always bought pre-owned, do I have any options or loopholes in extending my lease as to give myself more time to looking for alternative make/models? Especially since when I leased, at right before the beginning of 2017, the dealership and my research never mentioned the model being in discussion of ending production...

    Nobody knows when models will end production.

    You can certainly give the bank a call and ask about an extension of a few months.

    But, why wouldn't you be able to find a replacement in the 5 months between now and the end of the year?

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