Assuming all payments have been on time (0x30), do original lenders typically extend credit to finance the lease buyout. I have a lease with Mazda (MMCA) that is due later this summer. I am at my mileage allowance already, but would consider keeping the car if I know that I can get financed for the buyout.
Been making BK payments since 11/2009 and had 341 meeting 2/2010.
Anyone been in a similar situation? If I don't get to keep the car with Mazda, I will have a pretty hefty mileage penalty...what would become of that (there is no way I could pay it outright)? If I do keep it, then it is a non-issue.
Been making BK payments since 11/2009 and had 341 meeting 2/2010.
Anyone been in a similar situation? If I don't get to keep the car with Mazda, I will have a pretty hefty mileage penalty...what would become of that (there is no way I could pay it outright)? If I do keep it, then it is a non-issue.
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