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purchasing a leased vehicle when lease is up.....

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    purchasing a leased vehicle when lease is up.....

    My lease is up in November 20, 2010., I called the lease company but since it is in the recovery department even though I have continued to pay faithfully they were not in today., I think what I am doing is, my mom is going to purchase the vehicle and everything can stay in my name as is., insurance etc., and then per our attorney we will have a promissory note drawn up and I will be paying her monthly(she is borrowing the money from her credit union as a personal loan) . I think that will be the best solution for me as me getting it financed is impossible they won't do it., my mom does not want the car or insurance in her name as I do not live with her., so this way everything will stay in my name. I will let you know what they say when I call the recovery dept. The dealer where I leased it advised thats fine.

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