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Old 08-28-2011, 10:26 PM   #1
debbieN
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have a leased vehicle and have not paid on it for three years

I got stopped and was let off with just two things:

1. drivers license expired without knowledge
2. License plate tag was expired

Cop said he could have written a multitude of offences but just wrote the two minimum required.

I just bought a new used expedition for cash; I have a new legal driver?s license and insurance. What should I do with the 2008 Toyota tundra, which was a lease?

Dump it at the dealer I leased it from?
Leave it with a farmer who could use it from around the farm and not take it on the road?

Or buy an old junked tundra and take the VIN number off and replace and get a title and tags for it?

Thanks.
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Old 08-28-2011, 10:28 PM   #2
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Isn't your credit getting all fucked up because of non-payment on the lease???
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Old 08-28-2011, 10:30 PM   #3
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so you are a thief and proudly proclaiming it here?
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Old 08-28-2011, 10:32 PM   #4
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Old 08-28-2011, 10:32 PM   #5
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Old 08-28-2011, 10:33 PM   #6
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so you are a thief and proudly proclaiming it here?
yeah seems like you are looking for advice on how to keep stealing here... the whole steal vin thing
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Old 08-28-2011, 10:34 PM   #7
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Old 08-28-2011, 10:35 PM   #8
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Well, you should go back to before you were born and convince your parents to abort you.

J/K its a contract. Just return it.
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Old 08-28-2011, 10:39 PM   #9
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credit was shot after I lost 82 acres of land I had developed from A-1 to RSF-2 and then lost it due to two years of property taxes. Tax Cert. then Tax deed sale, gone and credit fucked, lost house to foreclosure and business and personal credit cards screwed. You name it, it happened. 172 residential home sites gone as soon as the market crashed.

Just want to know what to do with the Tundra.
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Old 08-28-2011, 10:43 PM   #10
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...
Just want to know what to do with the Tundra.
umm, you leased it, the lease is over, the vehicle belongs to whomever leased it to you, the answer is pretty obvious

and you still owe them the total amount of the lease that wasn't paid, unless you declared bankruptcy I guess, not sure on the legality of the contract
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Old 08-28-2011, 10:47 PM   #11
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Return it.

You entered a legal contract that you did not honor. Doesn't mean you cannot honor it now.

Do the right thing even if you haven't for three years. It's not the finance companies fault you had problems so don't penalize them more for being kind enough to initially extend you credit.

Lots of people stop paying and try to hide it because its the only transportation they have but you have a ride now. Be grateful they didn't find it those three years.

Its not like they will arrest you. It is a commercial contract.

Last edited by epitome; 08-28-2011 at 10:48 PM..
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Old 08-28-2011, 10:49 PM   #12
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I ran a car fax on it and it was clear, I have not heard from the leasing company in years, and when I went in to get my drivers license renewed they had not questions on it. Odd. I looked up all the civil and criminal searches and nothing came up, again odd.

It was a three year lease, 445/month, never missed a payment until the residential crash, one letter after two month of not turning it back in. I had no other vehicle at the time and just put on a fake tag emblem and drove it around. Not much, just when I had to.

How do I find out if Toyota wrote it off?
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Old 08-28-2011, 10:53 PM   #13
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The man eventually comes around looking for his money.you be a fool to continue to avoid the inevitable
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Old 08-28-2011, 10:57 PM   #14
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I ran a car fax on it and it was clear, I have not heard from the leasing company in years, and when I went in to get my drivers license renewed they had not questions on it. Odd. I looked up all the civil and criminal searches and nothing came up, again odd.

It was a three year lease, 445/month, never missed a payment until the residential crash, one letter after two month of not turning it back in. I had no other vehicle at the time and just put on a fake tag emblem and drove it around. Not much, just when I had to.

How do I find out if Toyota wrote it off?
So the registration for the car is in YOUR name or the leasing companies name? There woudl be no reason for anyone to check your lease when renewing your drivers license. You don't even have to have a car to have a license.

If it's in your name, you can run a lien check to see if they have a lien out against the car (prevents you from selling it).

If it's in the leasing companies name, it's their car and you effectively possess a stolen vehicle.
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Old 08-28-2011, 11:00 PM   #15
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I ran a car fax on it and it was clear, I have not heard from the leasing company in years, and when I went in to get my drivers license renewed they had not questions on it. Odd. I looked up all the civil and criminal searches and nothing came up, again odd.

It was a three year lease, 445/month, never missed a payment until the residential crash, one letter after two month of not turning it back in. I had no other vehicle at the time and just put on a fake tag emblem and drove it around. Not much, just when I had to.

How do I find out if Toyota wrote it off?
Also there is no "wrote it off". They can sell the debt to a debt collection company and eventually write it off on their taxes, but there is no time when they will say "ok fuck it let them keep the car for free"
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Old 08-28-2011, 11:16 PM   #16
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thanks for all your really good advice.
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Old 08-28-2011, 11:54 PM   #17
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wha?????????????
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Old 08-29-2011, 12:40 AM   #18
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Sorry to hear. I'd give it back to the dealer.
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Old 08-29-2011, 12:49 AM   #19
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surprised you haven't parted it out on ebay and return the stripped frame to them. i initially thought this thread was a joke but i guess not. i leased a benz over 10yrs ago and had to return it as they wouldn't let me take it out of the country legally even though my payments were never late etc. still showed up as a voluntary repo on my credit. you're in a much deeper hole not having paid in 3yrs. they just havent chased you because the value of the car/truck is declining every day and they are not going to throw away good money after bad. and its just a fucking toyota they cant resell for much. dont think they forgot about you but i doubt that black chevy repo pickup with the stinger hitch hidden under the bed is creeping too often
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Old 08-29-2011, 12:53 AM   #20
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Just tell us how you managed to conceal the car for 3 years from the owners and how long and hard they pursued you.

Edit: looks like you flew under the radar pretty well. But is it really worth all the shady shit you have to go through with it? ...probably lol.
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Old 08-29-2011, 01:03 AM   #21
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Being this is biz, why not get on of the many reality repo shows to come hunt you and when they catch you get your websites out to a huge mainstream market and then go on the straight and narrow this time when you are rich from all the sales
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Old 08-29-2011, 01:20 AM   #22
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Do the right thing so it won't come back to you too hard.
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Old 08-29-2011, 01:32 AM   #23
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Also there is no "wrote it off". They can sell the debt to a debt collection company and eventually write it off on their taxes, but there is no time when they will say "ok fuck it let them keep the car for free"
Maybe in fucking Poland that's how it works, however I used to repossess cars for Chrysler/Dodge/Plymouth and after a while of searching, they will "charge it off" as a bad debt. They will no longer look for the vehicle and that is that. You can not however, ever get a clear title which in turn means you can never sell the car.
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Old 08-29-2011, 05:22 AM   #24
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thats pretty crazy. i remember 5 years back or so you were making some really good money with tgp. i guess not so much now.
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Old 08-29-2011, 07:06 AM   #25
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Maybe in fucking Poland that's how it works, however I used to repossess cars for Chrysler/Dodge/Plymouth and after a while of searching, they will "charge it off" as a bad debt. They will no longer look for the vehicle and that is that. You can not however, ever get a clear title which in turn means you can never sell the car.
Yes of course, repo men won't perpetually be looking for the car, and the finance company may "charge it off" but they are still going to try to get their money. It's not like you can go lease or finance a $100k car, hide it in a friends garage for 2 years, not pay and get off scott free. You will have debt collectors still trying to get the money for the car out of you even after they give up looking for the car. They won't go after you for the debt forever, but they will for a few years and if it's big enough even take you to court.
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Old 08-29-2011, 07:37 AM   #26
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Yes of course, repo men won't perpetually be looking for the car, and the finance company may "charge it off" but they are still going to try to get their money. It's not like you can go lease or finance a $100k car, hide it in a friends garage for 2 years, not pay and get off scott free. You will have debt collectors still trying to get the money for the car out of you even after they give up looking for the car. They won't go after you for the debt forever, but they will for a few years and if it's big enough even take you to court.
It's also possible that the dealership she was supposed to return it to went under and things got lost in the shuffle. Meaning the leasing company assumed it was turned in and the dealership mishandled things while they were going under.

At this point, that would be my first guess.
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Old 08-29-2011, 07:49 AM   #27
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I got stopped and was let off with just two things:

1. drivers license expired without knowledge
2. License plate tag was expired

Cop said he could have written a multitude of offences but just wrote the two minimum required.

I just bought a new used expedition for cash; I have a new legal driver?s license and insurance. What should I do with the 2008 Toyota tundra, which was a lease?

Dump it at the dealer I leased it from?
Leave it with a farmer who could use it from around the farm and not take it on the road?

Or buy an old junked tundra and take the VIN number off and replace and get a title and tags for it?

Thanks.
DebbieN
ask your neighbor, he's probably a criminal too. he'll have some advice for your kind.
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Old 08-29-2011, 07:51 AM   #28
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Old 08-29-2011, 07:56 AM   #29
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Old 08-29-2011, 08:02 AM   #30
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credit was shot after I lost 82 acres of land I had developed from A-1 to RSF-2 and then lost it due to two years of property taxes. Tax Cert. then Tax deed sale, gone and credit fucked, lost house to foreclosure and business and personal credit cards screwed. You name it, it happened. 172 residential home sites gone as soon as the market crashed.

Just want to know what to do with the Tundra.
Sounds like you might need to live in it soon
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Old 08-29-2011, 08:08 AM   #31
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so you want other people to make you feel better or something?
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Old 08-29-2011, 08:34 AM   #32
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Give it to the farmer.
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Old 08-29-2011, 08:34 AM   #33
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Maybe in fucking Poland that's how it works, however I used to repossess cars for Chrysler/Dodge/Plymouth and after a while of searching, they will "charge it off" as a bad debt. They will no longer look for the vehicle and that is that. You can not however, ever get a clear title which in turn means you can never sell the car.
That's what I was thinking. After a certain point it's just not worth it for them to pursue it, and they write it off. Why would they go after a car that has lost most of it's value and continues to loose money every day. It sounds stupid, but what are they gonna do? Take the car back only to sell it at a loss because no one wants it?
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Old 08-29-2011, 08:42 AM   #34
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Old 08-29-2011, 08:49 AM   #35
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bottom line is this is a lease deal, different from a purchase deal, in a lease, the vehicle never was owned by you, the leasing company is the owner, any contract they made with you was for you to have possession of the vehicle for the length of time of the lease, after that you are in possession of someone else's vehicle with no permission, which isn't a case of simply defaulting on a purchase payment

whether they are actively chasing you isn't the issue, it is the fact that you are in possession of a vehicle that doesn't belong to you and never did belong to you... imagine going to a car rental place, renting a car for a weekend and then never taking it back
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Old 08-29-2011, 08:51 AM   #36
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Old 08-29-2011, 09:02 AM   #37
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ask your neighbor, he's probably a criminal too. he'll have some advice for your kind.
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Old 08-29-2011, 10:15 AM   #38
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You should turn the car in man.
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Old 08-29-2011, 10:48 AM   #39
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credit was shot after I lost 82 acres of land I had developed from A-1 to RSF-2 and then lost it due to two years of property taxes. Tax Cert. then Tax deed sale, gone and credit fucked, lost house to foreclosure and business and personal credit cards screwed. You name it, it happened. 172 residential home sites gone as soon as the market crashed.

Just want to know what to do with the Tundra.
Do the right thing. Return it.
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Old 08-29-2011, 12:18 PM   #40
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This happened to a friend of mine, the difference was it was a finance, not a lease. He was a few months behind on his car payment, knew he couldnt catch up so he called the bank and told them to come get the car. The bank told him it had not gone to their repo dept yet and they would call him when it had. 3 years went by and he heard nothing until one night about 2 AM he saw some guy with a tow truck looking in the windows of his garage. While trying to get a better look in the garage the repo guy stood on his sprinkler line to look in the window and broke it.

Apparently the guy couldnt tell if the car was in the garage or not so the next day he gets a call from the repo guy pretending to be a flower company saying he has a delivery to make and could my friend verify his address. My friend gave him some address 120 miles away. 3 hours later the 'flower guy' calls again screaming in the phone telling him he's going to have him arrested for theft if he doesnt tell him where he lives, which my friend records. Apparently it is against the law for collection people to threaten criminal prosecution for unpaid debts. So he then calls the bank, threatens a lawsuit and offers $3,000 to keep the vehicle (blue book was $18k at the time). They said to put it in writing and fax it to them, he did and they accepted. I guess sometimes it does pay to fuck with the repo guy.
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Old 08-29-2011, 12:22 PM   #41
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This happened to a friend of mine, the difference was it was a finance, not a lease. He was a few months behind on his car payment, knew he couldnt catch up so he called the bank and told them to come get the car. The bank told him it had not gone to their repo dept yet and they would call him when it had. 3 years went by and he heard nothing until one night about 2 AM he saw some guy with a tow truck looking in the windows of his garage. While trying to get a better look in the garage the repo guy stood on his sprinkler line to look in the window and broke it.

Apparently the guy couldnt tell if the car was in the garage or not so the next day he gets a call from the repo guy pretending to be a flower company saying he has a delivery to make and could my friend verify his address. My friend gave him some address 120 miles away. 3 hours later the 'flower guy' calls again screaming in the phone telling him he's going to have him arrested for theft if he doesnt tell him where he lives, which my friend records. Apparently it is against the law for collection people to threaten criminal prosecution for unpaid debts. So he then calls the bank, threatens a lawsuit and offers $3,000 to keep the vehicle (blue book was $18k at the time). They said to put it in writing and fax it to them, he did and they accepted. I guess sometimes it does pay to fuck with the repo guy.
That's an awesome story.
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Old 08-29-2011, 12:41 PM   #42
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Old 08-29-2011, 03:04 PM   #43
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Dump it at the dealer you leased it from. It's not worth the hassle or bad Karma. You got free use of it for 3 years. Be thankful and let it go
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Old 08-29-2011, 09:05 PM   #44
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I'm surprised you're actually asking whether or not you should steal a car. No, don't steal. Get the car back to the people who own it.

Btw remind me of this thread if we ever potentially have any business between us.
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Old 08-29-2011, 09:14 PM   #45
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Drive it full speed into a wall
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Old 08-29-2011, 09:20 PM   #46
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Right...
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Old 08-29-2011, 09:26 PM   #47
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douse it with gas and drive it over a cliff. throw a suicide note and your id down after it. move to costa rica.
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Old 08-30-2011, 03:52 PM   #48
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Quote:
Originally Posted by d-null View Post
bottom line is this is a lease deal, different from a purchase deal, in a lease, the vehicle never was owned by you, the leasing company is the owner, any contract they made with you was for you to have possession of the vehicle for the length of time of the lease, after that you are in possession of someone else's vehicle with no permission, which isn't a case of simply defaulting on a purchase payment

whether they are actively chasing you isn't the issue, it is the fact that you are in possession of a vehicle that doesn't belong to you and never did belong to you... imagine going to a car rental place, renting a car for a weekend and then never taking it back
Sooo... Grand Theft Auto? I believe that's a felony and 3-5 years.
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