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What is this discussion about? Dodge Neon, Plymouth Neon, Sedan

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#580 of 1758 Question about my lease by moggsquad Mar 07, 2001 (6:11 pm)
Ok Im around 3 years into my 5 year lease on my 98 Neon, and I recently called the bank Im leasing the vehicle from for a payoff value. I was astonished to see the payoff value of something like $11,000! These 11,000 smacks though was the total of my payments left plus the value of the car after it's paid off. So Im going to guess this wouldn't pertain to me trading in my car for another lease ( I hope ). I have high payments of $250 of a month cause of negative equity, but the rest of the money I put down at the time I believe canceled the negative equity out.   So if I try to end this lease early and start a new lease would anyone be able to give me an approximate amount of penalty I'd be facing, and how much in the hole I would be. I still owe roughly $6,700 in lease payments, and my research on my trade in value came to $5,700. If that puts me $1,000 in the hole I can live with it, but just curious if anyone can help before I start going to dealers and get caught off guard.   Thanks!
#581 of 1758 moggsquad by hersbird Mar 07, 2001 (8:23 pm)
I'd post this question in the 'smart shopper' forum, you'll get a more accurate response. If they wanted you to pay all the remaning payments and the residual why would you give them the car? If I had to make all the remaining payments to give the car up two years early, I'd let it sit in the yard before letting a lease company resell it for a profit while pocketing all the money you are paying. Your current payoff should be somewhere a bit higher then what the residual is for the end of the lease. Then there would be milage penalities if you have gone over your yearly allotment. I really don't know much about leasing, I did lease a car once but just did the full term and turned it back in. I'd agree a grand or two might be OK but you never know what the dealer will try and pull with the numbers game. Next thing you know you're paying $23,000 for a new R/T. Good luck, it sounds like a nightmare to me
#583 of 1758 moggsquad by pat HOST Mar 09, 2001 (5:53 am)
Actually, there is a lot of excellent information about leasing on our Finance, Warranty, & Insurance Board - I suggest you take a look at the discussion list there. I think you'll find some conversations already underway that can help you out.   hersbird is correct, there has been some leasing conversation in SS, but FWI is a better source for you I think.   Good luck.   Pat Host Sedans and Women's Auto Center Message Boards
#584 of 1758 Neon is Fantastic by speeds2much Mar 12, 2001 (1:05 am)
I just sold my 2000 Neon LX, reluctantly, to buy a high-end convertible. Circumstances have changed for the better so I decided to trade up. Let me just say what a fine little car the Neon was, though. It is a great little sports sedan, comfortable, responsive and good-looking. I'll miss it.
#585 of 1758 selling neon by mikemajesty Mar 12, 2001 (6:30 am)
i have a 99 neon sport. its got 32k miles on it. i have really had no problems with it really. i am selling it and am wondering if how much i should sell it for. also, it has 16 aftermarket rims on it, so should i take those off and put the originals back on (i still have them), or just leave it as is. it also has a dent on the right rear qp, but its estimated at something like 350 dollars, should i leave that or get it fixed. and by the way, if ne one out there wants to buy it, email me for my phone number. i live in california. thx. by the way, selling it for a wrx, but neon is kick ass. tested it 0-60 and ran 7.2 seconds. not bad for 12 grand. it has great pep.
#586 of 1758 Thankyou, Meatloaf. by buoyant Mar 23, 2001 (8:53 pm)
It's good to know you advise against purchasing a new '95 Neon due to your experiences. I would also like to take this opportunity to warn others against purchasing a brand new mid to late 70's Plymouth Volarie. My grandmother owned one of those and was very unsatisfied by its performance.
#587 of 1758 138,000 mile Early Production Model 4dr Highline by econobiker Mar 30, 2001 (12:17 am)
Wife's car is a '95 Highline bought off the truck in Nov.1994. Oh God the crap that has happened to that car both mechanically and accidents. Wife had car when we got married April 1995 and I have kept detailed log of all this stuff. Bought the "official" Neon manual plus first edition Haynes repair manual.   Computer was reprogrammed a few times in first 9 months. Last reprogram was during tuneup 1998. Blew the head gaskets twice during the 75,000 mile extended warranty!!! Finally there is someone who hosed Chrysler with warranty claims. Got all the recall stuff done- gas lines, steering/torque absorber, etc.   Timing belt, waterpump, and head gasket done at 106,000 for around $800 with coolant r&r and belts. Struts and alignment just done at 125,000 when 3rd set of tires purchased (Bought 2nd set premounted so I have 8 rims total). Radio/cassette died at 82,000 but was swapped with same one from my Dodge pickup which was still under warranty, Orginal exhaust was $25 patched July 2000 though it has now rotted at a different spot and will require complete replacement.   Accidents: dealer dropped garage door on geometric center of roof January 1995, right rear $3200 collision (and subsequent waterleak chase over the next 9-12 months;1 1/2 full size tubes of silicon caulk fixed that bastard) March 1995, light left fender front end damage April 1996, right front fender and light underbody (blown tires bent rims, oil pan)damage June 1998 when wife was run off road by drunk driver.   I probably have much more but I must get to bed. I may try to comment more in the pm of 3/30/01. econobiker Replies to this message: econobiker (Sep 08, 2008 9:17 am)
#588 of 1758 I HATE DODGE--- !! by dodgeneonssuck Apr 03, 2001 (8:36 pm)
Yes, As sad as it sounds I absolutely hate American cars. Because of the "BUY AMERICAN" campaign from a few years back I decided to give Chrysler a chance. I bought a 1995 sport Dodge Neon with 30k miles. As soon as I reached 40k my "CHECK ENGINE LIGHT" came on and my car started leaking oil like crazy. I took my car to the shop and and $750 later I was driving it again. They replaced the head gasket and oxygen sensor. Because I had read the bad reviews on the internet I knew that this was a reocurring problem. Well what do you know, 10k miles later the "LIGHT OF DEATH" came back on again and 40k later I was leaving oil puddles under my hood everywhere I went. Since the firt time I have visited different shops on 4 occasions. 1 for the gasket and 3 for the "CHECK ENGING LIHGT". Finally I gave up, my car is no longer leaking oil becuase I just replaced my gasket for a second time but I try to ignore the "CHECK ENGINE LIGHTS". Following is a list of problems I currently have with my 80K mile car: Check engine light is on at all times, My windows sound like I'm driving a 747 Boeing jet, paint is peeling all over the car, weird noise under the steering column everytime I make a turn. Intermittent electrical problems with my blinkers and turn signals and low gas mileage. DODGE SCREWED ME AND THOUSAND OTHER CONSUMERS. AND THE WORST THING IS THAT THEY ARE VERY AWARE OF THE PROBLEM. I SAY NO MORE AMERICAN CARS FOR ME... ESPECIALLY DODGE, CHRYSLER OR ANY OTHER RELATED LINE. I GIVE DODGE TOW THUMBS DOWN, ON A SCALE FROM 1 TO 10 I GIVE THEM A 0. I HAVE RECOMMENDED EVERY SINGLE PERSON IN MY FAMILY NEVER TO BUY THEIR PRODUCTS AGAIN. AND THEY NEVER HAD.
#589 of 1758 If it helps any... by vocus Apr 04, 2001 (7:01 am)
If you saved the reciepts from the head gasket repairs, you may be able to fight Chrysler for the repairs. See, they have this thing where you pay a deductible (like $100 I think), and they do the repair. They knew about the head gasket repair thing and them going left and right. So contact Chrysler (good luck, because their customer service sucks) and you might be able to get some of your money back. Also, sorry to hear all the problems with your car as well. But when buying a car, it's a luck-of-the-draw thing. You just as easily could have gotten a Honda with alot of problems. Just either keep it and put up with it, or trade it in and hope for a better car when you find a replacement.

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