Car leases/finance when you move

[Skala123]

We have been told a move abroad is likely to be happening in the first half of next year. I have just sold my car and was about to get one on lease hire however I've just realised that I won't be here for that long!
Has anyone moved abroad when they are part way through a lease hire or finance contract? What happens with this situation?

[IceMaiden73]

You have to pay the balance if what you owe on it which can be a lot

In your situation i would buy a car that you can sell when you move

[HerRoyalNotness]

We had a car on lease
Before our last move, had only got 1 yr through a 3yr lease. We sold the lease on to someone else but lost about 10k in the process. . And then it turned out we could have kept it and driven to our new location.

We have a car on finance now (no we never learn), if we have to move before its finished we just sell it and pay it out.

[HerRoyalNotness]

You could see if someone else is thing to get rid of their lease that had 6-the left on it, not sure where you are but if you Google cars for lease transfer, something like that, you should find a place where they advertise. Alternatively, you could look at a month to month rental car.

[HerRoyalNotness]

6-9mths! So many typos

[Skala123]

Thanks everyone will look into these options

[Want2bSupermum]

I bought a renault last year for GBP500 from our local garage. It is 8 years old and runs great when I am home. The car has become my Dad's run around because he prefers it to his car. Something like this is ideal for you.

[Meadows76]

I wouldn't consider taking on a new lease knowing you won't be here in a few months. Just buy a cheap run around

[Skala123]

I bought a second hand car last year and am already selling it as I got well and truly stung by the dealer so am loathe to buy something else that I will end up losing a load of money on. Might see if DH company has a pool car they would let me use considering the circumstances