Options for terminating a car lease early?
Just a followup in case anyone reads this — I had good luck with Swapalease. Three weeks after first posting my ad there, someone bit and is taking the car. The process of dealing with Audi and all the paperwork was pretty straightforward as well. The one drawback (that I didn’t realise when first doing this) is that Audi keeps everyone on the lease — including the original leaseholders — when doing a “transfer of equity”. So if your man decides to crash the car and skip the country or something, I’d be held liable as well. However, Swapalease offers insurance for this type of thing which is about $500. Still haven’t decided if I’m going to go for it or not.
Be ready to take a loss as it’s an almost new car. Also, since you’re selling an almost-new car many people will automatically be skeptical. You’re best bet probably IS to try and sell it yourself, or have a friend take the car to drive and make the payments. Still, expect some loss, either money, car, or friend.
