Tips on Buying Cars: Lease, two evils, kelly book

Question
I am leasing a 2004 Toyota sienna and the lease will be up in May. I am not sure what the best option is as I am going to be over my miles. I am currently over by 900 and still have 9 months to go. I don't know if i should turn in early, wait and pay the mileage or buy the vehicle at the end of the term so I don't have to pay for miles. My contract states I will pay 15cents a mile. The purchase price at the end of the lease is 13642.08 w/ a 150.00 fee. I would prefer to purchase/trade for a new car, but if there is no way around it then I do like the car and could keep it or buy it out and try and sell, but I don't think Kelly book is 13k I think it is more like 10k.It seams no mater what I do it will cost me 3k in mileage/lease payments or loan pay off after selling.Any advise of the leaser of two evils.If it is going to cost me I would rather end up with a new/used car. My current payments are 350.00 I would like them to stay the same or go down. Thanks

Answer
Hi Lisa,
You can trade in your lease vehicle early. Figure out what new car you want to get into, let the dealer appraise yours and give you payments on a knew one.

You are either going to pay the mileage at the end or roll it into a new one.

I would trade in early. Every $1000 negative equity will only raise your new lease payment about $25.

Let me know if I can help further.