What to Do If You Don't Want the Car After One Year with Tangeche?
2 Answers
Tangeche only allows returning the car if you don't want it after one year. Below are several ways to handle the car when the one-year Tangeche term expires: 1. Return the Car: The owner can choose to return the used car to Tangeche, but please note that some car models currently cannot be returned. 2. Pay the Remaining Balance: Keep the car and pay all remaining amounts in one lump sum, but the owner must have the qualification to license the car. 3. Installment Loan: Alternatively, apply for a 36-month installment loan with Tangeche to pay off the remaining car balance in installments. Afterward, the vehicle will be transferred, and Tangeche will cover the transfer fees. 4. Continue Leasing: Depending on the owner's personal situation, they can also apply to continue leasing the car, but some models are not eligible for continued leasing.
My brother-in-law got burned by Tangeche! The first year isn’t actually a purchase but just a long-term lease, so you need to watch out for three major pitfalls when returning the car: First, the deposit is basically non-refundable—those thousands you paid upfront will likely go down the drain. Second, the damage fees are ridiculously harsh, with even slightly worn tire treads costing you 700-800 yuan. The worst trap is the hidden penalty clause in the contract—some people were hit with a 20,000 yuan depreciation fee when returning the car. I strongly advise you to scrutinize the contract, film a detailed walkaround video of the car in good lighting (capture every scratch clearly), and avoid disputes later. After returning it, make sure to get written termination proof—otherwise, you might get hit with a surprise bill months later.
