Illinois  |  Business Law

Legal Question

Asked on: 12/31/08, 6:23 pm

Proper way to convert a lease to a purchase

We have been trying for the last three months to convert our vehicle lease to a purchase. At the time, we had just moved from Colorado to Illinois. The leasing company asked for an assortment of information and at the time we had sent them copies of our Colorado DLs and Veh Reg. Finally, we have sent them copies of our new Il DLs and Veh Reg. Now, they want payment for the three months since the lease expired before they will complete the purchase transaction. My position is that the transaction needs to be completed before the payments can be made. This sounds completely backwards, and just want someone else's opinion and if it is unlawful in any way, I would like to pursue action against this company if it would be feasible.

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

115 Answers given in the last few hours.

8662 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search