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Car Lease Termination and Auto Lease Assumption - Lease Trader - The standard in Auto Lease Transfers and Car Lease options

Car Lease Penalties

2016 Ford Fusion Titanium LT 275960
2016 Ford Lease Location: Bowling Green, Ohio
Category: Sedan
Exterior color: Black
19 month lease
$61.90 lease payment
Fuel efficiency: 22 city, 33 hwy
2015 Smart Fortwo Passion Coupe LT 266631
2015 Smart Lease Location: San Francisco, California
Category: Compact
Exterior color: White
15 month lease
$90.00 lease payment
Fuel efficiency: 31 city, 41 hwy
2014 BMW i3 Base LT 279345
2014 BMW Lease Location: Chino Hills, California
Category: Compact
Exterior color: White
8 month lease
$99.00 lease payment
Fuel efficiency: 137 city, 111 hwy
2016 Chevrolet Cruze LS LT 278521
2016 Chevrolet Lease Location: San Francisco, California
Category: Compact
Exterior color: Black
18 month lease
$94.74 lease payment
Fuel efficiency: 24 city, 36 hwy
2015 Smart Fortwo Pure Coupe LT 274340
2015 Smart Lease Location: Miami Beach, Florida
Category: Compact
Exterior color: Black
15 month lease
$128.57 lease payment
Fuel efficiency: 33 city, 41 hwy
2016 Toyota Prius c Two LT 276045
2016 Toyota Lease Location: San Francisco, California
Category: Compact
Exterior color: Graphite
18 month lease
$172.00 lease payment
Fuel efficiency: 53 city, 46 hwy
2015 Toyota Corolla L LT 272773
2015 Toyota Lease Location: San Jose, California
Category: Sedan
Exterior color: Gray
34 month lease
$184.00 lease payment
Fuel efficiency: 30 city, 42 hwy
2013 BMW 328i xDrive LT 279184
2013 BMW Lease Location: Jersey City, New Jersey
Category: Sedan
Exterior color: White
10 month lease
$169.00 lease payment
Fuel efficiency: 25 city, 33 hwy
2015 Nissan Rogue SV LT 273030
2015 Nissan Lease Location: Willoughby, Ohio
Category: SUV
Exterior color: Black
12 month lease
$240.83 lease payment
Fuel efficiency: 26 city, 33 hwy
2015 Toyota Camry SE LT 257289
2015 Toyota Lease Location: Canton, Ohio
Category: Sedan
Exterior color: Silver
12 month lease
$140.85 lease payment
Fuel efficiency: city, hwy
2016 Toyota Camry LE LT 257388
2016 Toyota Lease Location: Millersport, Ohio
Category: Sedan
Exterior color: Silver
14 month lease
$250.79 lease payment
Fuel efficiency: 25 city, 35 hwy
2017 Lincoln MKC 2.0L EcoBoost LT 275624
2017 Lincoln Lease Location: Charleston, South Carolina
Category: SUV
Exterior color: Gray
24 month lease
$270.61 lease payment
Fuel efficiency: 20 city, 29 hwy
2016 Subaru Impreza 2.0i Premium LT 267946
2016 Subaru Lease Location: Point Pleasant Beach, New Jersey
Category: Wagon
Exterior color: Black
24 month lease
$273.00 lease payment
Fuel efficiency: 28 city, 38 hwy
2015 Ford Focus SE LT 270893
2015 Ford Lease Location: Congress, Arizona
Category: Sedan
Exterior color: Graphite
14 month lease
$287.00 lease payment
Fuel efficiency: 35 city, 40 hwy
2015 Mercedes-Benz CLA250 4MATIC 4-Door Coupe LT 274966
2015 Mercedes-Benz Lease Location: Chicago, Illinois
Category: Sedan
Exterior color: Beige
7 month lease
$291.67 lease payment
Fuel efficiency: 23 city, 33 hwy
2015 BMW X1 xDrive28i LT 244592
2015 BMW Lease Location: Nevada City, California
Category: SUV
Exterior color: Gray
12 month lease
$291.89 lease payment
Fuel efficiency: 22 city, 33 hwy
2017 BMW i3 94 Ah with Range Extender LT 275493
2017 BMW Lease Location: Winters, California
Category: Compact
Exterior color: White
28 month lease
$299.00 lease payment
Fuel efficiency: 137 city, 111 hwy
2016 Ford Escape SE LT 244826
2016 Ford Lease Location: Marysville, Michigan
Category: SUV
Exterior color: Burgundy
7 month lease
$312.00 lease payment
Fuel efficiency: 23 city, 31 hwy
2015 Chevrolet Camaro 2SS LT 262548
2015 Chevrolet Lease Location: Miami, Florida
Category: Coupe
Exterior color: Gray
15 month lease
$331.82 lease payment
Fuel efficiency: 16 city, 24 hwy
2015 Ford Flex SE LT 241159
2015 Ford Lease Location: Aventura, Florida
Category: SUV
Exterior color: White
4 month lease
$339.00 lease payment
Fuel efficiency: 18 city, 25 hwy

If you have really high mileage fees, consider selling the car yourself rather than paying the penalty. Any dents should be removed by a local body shop rather than turning it in with the damage. Customers get upset about having to pay mileage penalties. When you decided to lease the car, you said you would drive only 12K miles a year. If you drive more, you have to pay for the value of the car you have used.

Many problems with leasing can be avoided by negotiating a good lease in the first place. Do your homework even before stepping into the dealership. Make sure you read all of the contract twice so that you can find any hidden costs and fees. Preferably, sleep on it but take a written offfer with you so that conditions cannot be changed when you go back the next day.

Try not to put money down. This is very important. We recommend an alternative. If you have to put that two thousand down to get the payment where you want, take the two thousand dollars and put it in a separate account and use a portion of that each month to help make the payment. Since gap insurance will not cover any down payments in the event that the car is totaled. Gap insurance will only pay for the current buyout price.

Avoid subsidized leases with inflated residuals. You won't be able to afford the car at the end of the lease because it won't be worth what the contract states. You will be stuck and will have to turn it in. A lower payment isn't always a better deal.

Lease the car for a term not longer than you would normally keep a car. If you keep a car about three years, do a three-year lease. A four- or five-year lease will be harder to get out of and more difficult to turn in without extra fees. Make sure that the warranty covers you for the term of the lease.

Choose a car with a naturally higher residual. If the vehicle holds its value - or surpasses its expected value there may be an option to buy it and make money at the end of the lease.

If you have now a car lease that you want to terminate early Click Here for the cheapest solution to avoid all those end of lease penalties and fees.

Get more help about your car lease ? - Click here to get more information in our car lease guide

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