Scion IQ Lease

General Discussion
1

Hi,

I live on the Big Island of Hawaii. A week ago I signed a lease for a Scion IQ. I love the car and the lease was seemed like a good deal. The problem is the finance person at the dealership called and said he needs me to sign a new lease. He told me the main problem with the lease I signed is the payment due date and that they had miscalculated the total cost of the car. He said it was actually in my favor. When I received the new lease, the cost of the car had been lowered, but a refundable deposit of $163 that was on the first lease was not there and the rent charge had changed from $145 to $1,383. Do I have to sign this new lease? It’s not as good a deal and I don’t want to sign it. If I don’t sign it, will I still be able to keep the car? I have a copy of the lease I signed a week ago and I’ve been charged for the down payment.

Please help. I’m being pressured to sign the new lease. This is a small island and this is the only dealership I can lease this car from.

2

I don’t see why you have to sign a new lease legally. I can’t really advise you without reading both leases. I think you need to see a lawyer, or a CPA.

3

Sounds like a common scam that I read about a few months ago. Don’t sign anything until you talk to a lawyer and Toyota corporate offices.

4

Agree with others…This is a scam. I’d get out of the deal and go to another dealer.

As for leases…I’ve yet to see a lease that is worth it. I’ve never leased a vehicle and never will.

5

Agree with the others, lawyer up before you do anything else

6

You might talk to offices of the Hawaii Attorney General. They may review the issue for free.

http://hawaii.gov/ag/

7

Ditto to what everypone else has said.
Something isn’t right here. I smell a rat. Contact the AG’s office and, if need be, a lawyer ASAP.

Sincere best.