How Do You Terminate A Car Lease Early?
Ready to terminate or end your car lease early and move on? Consider fast and effective techniques to terminate a lease agreement early. Cancel the agreement within your three day window. Most states allow a three day window to cancel car purchases and lease agreements. Read your contract to see if you’re eligible to return the car within three business days and terminate the car lease without penalty. Transfer the automobile to another person. Run an ad on websites such as Leasetrader.com and find someone to takeover your lease payment. Consult your leasing company beforehand. Some finance companies do not permit lease transfers. Suffer the consequences. Bring the car back to the original dealer and walk away. Expect a lower credit rating and a negative remark on your credit report. Use your own money to satisfy the agreement. If your finances are good, simply return the vehicle early and agree to pay off the remaining lease balance to terminate a car lease early.
