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Eff-1 · 03-06-2009, 08:36 PM

Thanks for the reply. I do understand how a contract works.

In this case nobody is looking to significantly renegotiate the terms of the lease contract, other than hoping to negotiate the buyout, with the hopes that buying out the car would be in the dealer's and/or Honda's best interest. I wasn't sure if the dealer would be able to have a way of doing that, in cooperation with Honda Finance.

Here's the end goal. His lease is up in a couple months. It's a closed lease with Honda. He has no problem with continuing to pay the lease as it stands, but has no interest in keeping the car once the lease is up.

Once the lease is up, I want the car and will pay the lease buyout. Because my friend has no interest in keeping the car, 100% of the cost of this transaction would be covered by me. So, the question is how best do we do that so that I avoid having to pay any significant fees, double taxes, etc?

03-06-2009, 08:36 PM	#3
Eff-1 private modder Join Date: Feb 2002 Location: North Shore Posts: 7,252 Thanked 3,518 Times in 1,004 Posts Failed 47 Times in 35 Posts	Thanks for the reply. I do understand how a contract works. In this case nobody is looking to significantly renegotiate the terms of the lease contract, other than hoping to negotiate the buyout, with the hopes that buying out the car would be in the dealer's and/or Honda's best interest. I wasn't sure if the dealer would be able to have a way of doing that, in cooperation with Honda Finance. Here's the end goal. His lease is up in a couple months. It's a closed lease with Honda. He has no problem with continuing to pay the lease as it stands, but has no interest in keeping the car once the lease is up. Once the lease is up, I want the car and will pay the lease buyout. Because my friend has no interest in keeping the car, 100% of the cost of this transaction would be covered by me. So, the question is how best do we do that so that I avoid having to pay any significant fees, double taxes, etc?