Vehicle Lease vs Buy: car lease, The Mercedes lady, Cheryl Bowman
QuestionIf I'm on a 36 month car lease and half way through making monthly payments want to pay off the balance all at once, will they let you do that or do you have to continue with the monthly payment arrangement since it's a contract?
AnswerJames, you may pay your payment up front if you'd like. There if no penalty for doing that. You will continue to drive your vehicle for the term of the contract with out the worry or hassle of making the monthly note.
Is there a reason other than convenience that you would make the note all at once?
curious.
~CB
www.themercedeslady.com