Question for those of you that lease your H3

This is my first lease.....this may be dumb, but I'll ask it anyways......I have a GM SmartLease. 39 months with 39,398 mileage

When the lease is up, I just drive it down to the dealer that I bought it from and walk away....no strings attached? No fees or anything?

This thought crossed my mind today, as I was thinking of what the next H3, I would get would be...

Never mind him.
 
Unless you have damage to it, then yes. It's just like you said.

Love the H3...!!!!

I just want to make sure I didn't get shafted by the dealership.....

Keep your minds out of the gutter now!!! I need to learn to talk more like a lady! LOL!!!!

quote:

ORIGINAL: solarflare

Love the H3...!!!!

I just want to make sure I didn't get shafted by the dealership.....

Keep your minds out of the gutter now!!! I need to learn to talk more like a lady! LOL!!!!

 
You're fine. Just take care of it and watch your miles and you get to turn it in and get a new one, walk away, or buy out the one that you have.

Be sure to stay under the mileage cap or you will pay for the extra miles over the cap. Outside of that and damge you should be good.

ok, just making sure.....

I'll keep it good.....everyone that knows me, thinks I'm anal about keeping my vehicles clean, clean, clean........I just think if you pay a lot for a car, then you should keep it good!

Thanks for all the replies....

I agree Solar, take care of it and enjoy it. They are a blast!

As everyone said, just take care of it and you're fine. If you go over the miles, or damage the vehicle, it's not the end of the world as you can just buy it at the end of the lease at the price in the contract. If you are buying it, they don't care what the miles are or what kind of damage it has.

Put it this way - I changed jobs a few years back and started racking up good miles on my leased car. It was a 48 month lease/48,000 miles. After 48 months I had 100,000 miles. If I turned it in and paid the penalty it would've been about $6200. So I just bought the vehicle and kept it for a while longer.

The one caveat - if you rack up the miles or damage it with scratches, etc., no matter what you are devaluing the vehicle. So, if you buy it and want to get rid of it later, those high miles can hurt your resale.

So, now that you know the answers, have fun and enjoy!!!