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Return of Leased vehicle

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I leased a new vehicle on 7-14-96, in Ca., and I'm now trying to turn it in. I was told to return it on 7-14-01, but I was also told I have one more payment due on 7-7-01 even though I thought I'd made all the payments ahead of schedule. After getting a payment history from BofA autolease, it indicates I never paid the 1st month bill! But it also indicates I've never had a late payment - ever. The representative I was dealing with said it was highly unusual and he'd never seen it before. The dealer paid them a few thousand on 7-31-96, per the history, but I didn't receive my first statement/bill until 9-7-01. I saved every statement and the one from 9-1-96 makes no indication any bill was not paid in Aug. of 1996. I've been told to go ahead and return it now (I paid the last two months already) but I will still recieve a bill for one more payment. Can they actually bill me for what appears to be a five-year-old mistake on their part? Note: This was my first leasing experience and it will definitely be my last!!!!



Car rental payments

You are obligated to make the payments you agreed to make in the contract you signed with them—no more and no less. So check out the contract itself and see if your total number of payments is correct. If it is one short, you owe them the payment. However, if you do owe a payment, since this was their mistake, you should not be charged interest or late fee.

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