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#1 (permalink) |
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3.5 Liter V6
Join Date: Jan 2005
Location: USA
Drives: Mazda 626
Posts: 202
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Can I turn my SmartBuy in early?
My Vibe Smartbuy ends in May, but I am taking ownership of a new vehicle soon and would like to get rid of the Pontiac asap. I would like to transfer the plates from the Vibe to my new vehicle. The Vibe is well under the mileage allotment and is in great shape. I would like to do this even if I have to make the remaining payments. Will the dealership accept my car "early?"
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#2 (permalink) |
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6.0 Liter Vortec V8
Join Date: Jan 2004
Drives: 2001 ZO6 TTP 224/224 114lsa Cam Pkg 396rwhp 380 rw
Posts: 1,859
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Re: Can I turn my SmartBuy in early?
Usually two months are forgiven if your buying a new GM vehicle..
Any more than that and traditionally the dealer just buries the old car payment into the new one.. Why don't you see if someone you know wants to swap a lease with you... How many months left on your smart buy? A few years back GM offered 6 month amenisty.. then 4 months recently and the latest was like 2.. Not sure of where its at this very moment.. Could be four months.. If your car is due in May? thats 4 months if you take ownership in february? NO matter what they should give you two months amensity minimum on a new GM vehicle.. possibly four if you push them hard.. In the past I've gotten 6 without blinking.. THe car markets dead in the water and if GM can keep you...then they should work with you on your left over payments.. JMO What state are you located. in.?
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2008 Blk C6 M6 w/Z51 & NPP exhaust 2008 CTS AWD 304hp sports suspension Last edited by JBsZ06 : 01-21-2008 at 07:55 PM. |
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#3 (permalink) |
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3.5 Liter V6
Join Date: Jan 2005
Location: USA
Drives: Mazda 626
Posts: 202
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Re: Can I turn my SmartBuy in early?
The car will be returned to a dealership in VA. I will, despite the fact I like GM vehicles, not be buying another GM this time. I will be getting a used Mazda Protege. If GM had allowed me to extend the term of my Smartbuy, things might be different, however I am no comfortable with the size of my balloon payment.
I have resigned myself to the fact that I will need to make the last 4 payments. This is not so bad considering they are very low. I'd like to turn the car in with only 16k miles on it (24k mile term) so I don't have to insure it or have it sitting in my driveway. |
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#4 (permalink) |
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3.8 Liter V6
Join Date: Apr 2003
Location: Syracuse-Alexandria Bay NY-Daytona
Drives: 07 Cadillac DTS
07 Chevy 2500 HD
Posts: 372
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Re: Can I turn my SmartBuy in early?
Perhaps if you actually READ the terms of your GM Smartbuy contract
you would of fully understood and known that you would of been responsible for all the payments along with the pre set balloon amount that would of been due at the end of your contract as stated on the contract(s) you signed........................
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07 Chevy 2500 07 DTS-84-Z-28-72 GTO 77 Triumph Bonneville Syracuse NY-Daytona Alexandria Bay NY |
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#5 (permalink) |
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3.5 Liter V6
Join Date: Sep 2007
Posts: 233
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Re: Can I turn my SmartBuy in early?
Why not make it part of your Mazda Protege deal? Ask the dealer to help you out with making some or all of the remaining payments as an incentive to roll the Mazda.
Is the Pontiacs value greater than or equal to the payoff including the balloon? Maybe the dealer can use it for inventory. |
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