end of lease in november with a bk7

[blackmopar]

currently in a lease that ends in november - filing bk7 paperwork this week - ive read on here how difficult it is to get something afterwards - how possibly would it be to negotiate a purchase option for my current lease instead of turning it in and trying for something new? would the dealer be less critical on that, since i have payment history with this vehicle?

[beachymama]

I would try this..

When I went to my first consultation with a BK attorney, I told her that my lease ended in a couple of months. She said to try and get a new vehicle now, before filing if I could, especially if my credit was not too bad yet (I have been paying all bills except my mortgages).

I went and applied with RoadLoans and my credit union. Both approved me, Roadloans did 14.09% and my credit union did 5.24%, so of course I used my credit union and on Saturday I purchased an '08 Nissan Quest for $19000 out the door and I turned in my Honda lease a bit early. My payments are better ($367/mo) and I probably did better this time of year because of the new models and rebates out trying to get rid of the old ones.

Won't hurt to try BEFORE filing!

[itcaughtup]

It doesn't hurt much to try after either, I was discharged on the 12th of this month and have been approved by 3 dealerships since the 14th, mostly with cap one but approved fro up to almost 40K, 10.99% but approved none the less. all depends on your situation i guess

[gophermn]

This is a good question because I am 'somewhat' in the same scenario. I filed CH7 and discharged (see sig below). My Toyota lease is up December. Am I pretty much guaranteed that they WILL NOT work with me in keeping the car?

Is there any auto financing out there for me? I am not looking for a Escalade or BMW. Heck, I am fine with a 5000 car if need be.

Has anyone completed their discharge to find they were unable to move a lease to a purchase?

P.S. Sorry to steal the thread - but we are kinda in the same boat.