Getting Out of a Car Lease »

Getting Out of a Car Lease

There are only two real ways to get out of a car lease. These, at least, are the easiest ways, and they each have their own requirements.

The first and easiest way to get out of a lease is if you pay the remaining balance that you owe the dealership. This may be easy, but it's a tough decision to make especially if you need a great deal of money to pay off the rest of the lease agreement.

The other way is to transfer your lease to someone else. Now, there are many car lease transfer services that can help you achieve this, but there is one problem to tackle: the car dealership that you leased your car from has to honor the possibility of a lease transfer. Basically, what you are doing is selling your car to someone else by charging that person whatever you paid for already and then have him continue the car lease that you applied for. This takes a lot of paperwork, and it will involve you trying to find someone interested enough to take over your lease.

Whatever way you end up with, there are difficulties. The question you have to ask yourself is, Will it be worth all that trouble just to get out of a car lease?

What Our customers are saying

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