Hi Mustachians,
I'm in a pickle based on my pre-MMM ways and I really appreciate your help here:
My 2012 Toyota Yaris lease is up in March 2015, leaving me with 10 more monthly payments of $258. I called Toyota and they said there's no cheaper way to break the lease than just pay that $2580. Is this true, or are there other ways of getting around it?
I've got money set aside to buy a used Honda or Toyota somewhere in the range of $3K-4K (any suggestions?). The car will be used for my job around town (I'm also getting a bike and hope to use that as much as possible) and short road trips. I'll be making a job change (from cubicle to freelance, very excited) at the end of the summer and have budgeted in that lease payment every month, so I can do it, but I'm having a hard time accepting that I'm throwing away money. Maybe that's just life until I get through next March?
Thanks for weighing in!