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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

2015 Scion FR-S Coupe LT 262508
2015 Scion Lease Location: Corona, California
Category: Coupe
Exterior color: White
9 month lease
$97.55 lease payment
Fuel efficiency: 25 city, 34 hwy
2015 Smart Fortwo Pure Coupe LT 221696
2015 Smart Lease Location: Tampa, Florida
Category: Compact
Exterior color: Black
11 month lease
$138.28 lease payment
Fuel efficiency: 33 city, 41 hwy
2014 Toyota Prius c Two LT 261601
2014 Toyota Lease Location: Camarillo, California
Category: Compact
Exterior color: Silver
6 month lease
$179.72 lease payment
Fuel efficiency: 53 city, 46 hwy
2016 Chevrolet Cruze LT LT 254000
2016 Chevrolet Lease Location: Dearborn, Michigan
Category: Compact
Exterior color: Silver
12 month lease
$179.73 lease payment
Fuel efficiency: 26 city, 36 hwy
2016 Toyota Corolla LE LT 265206
2016 Toyota Lease Location: Wesley Chapel, Florida
Category: Sedan
Exterior color: Silver
7 month lease
$185.89 lease payment
Fuel efficiency: 29 city, 38 hwy
2016 Toyota Corolla S LT 261175
2016 Toyota Lease Location: Los Angeles, California
Category: Sedan
Exterior color: Blue
22 month lease
$189.99 lease payment
Fuel efficiency: 29 city, 38 hwy
2016 GMC Terrain SLE2 LT 267000
2016 GMC Lease Location: Rochester Hills, Michigan
Category: SUV
Exterior color: Black
12 month lease
$199.99 lease payment
Fuel efficiency: 26 city, 32 hwy
2014 Ford Focus S LT 254009
2014 Ford Lease Location: Abington, Pennsylvania
Category: Sedan
Exterior color: Silver
9 month lease
$199.99 lease payment
Fuel efficiency: 26 city, 36 hwy
2015 GMC Terrain SLE1 LT 254056
2015 GMC Lease Location: Woodland Hills, California
Category: SUV
Exterior color: Dark Red
14 month lease
$200.00 lease payment
Fuel efficiency: 22 city, 32 hwy
2015 Ford Mustang EcoBoost Premium Fastback LT 263802
2015 Ford Lease Location: Los Angeles, California
Category: Coupe
Exterior color: Dark Blue
9 month lease
$201.00 lease payment
Fuel efficiency: 22 city, 31 hwy
2014 Mini Cooper Hardtop LT 264682
2014 MINI Lease Location: Miami Beach, Florida
Category: Compact
Exterior color: Dark Brown
7 month lease
$206.78 lease payment
Fuel efficiency: 26 city, 34 hwy
2015 Nissan Altima 2.5 S LT 254126
2015 Nissan Lease Location: Lansing, New York
Category: Sedan
Exterior color: Black
16 month lease
$224.50 lease payment
Fuel efficiency: 27 city, 39 hwy
2015 BMW i3 Base LT 261003
2015 BMW Lease Location: Richmond, California
Category: Compact
Exterior color: Silver
15 month lease
$198.00 lease payment
Fuel efficiency: 99 city, 99 hwy
2015 Lexus IS 250 LT 261218
2015 Lexus Lease Location: Canyon Country, California
Category: Sedan
Exterior color: Black
26 month lease
$241.18 lease payment
Fuel efficiency: 21 city, 29 hwy
2015 Toyota Camry SE LT 257289
2015 Toyota Lease Location: Canton, Ohio
Category: Sedan
Exterior color: Silver
18 month lease
$140.85 lease payment
Fuel efficiency: city, hwy
2015 Nissan Rogue S LT 253103
2015 Nissan Lease Location: Atlantic Beach, New York
Category: SUV
Exterior color: White
14 month lease
$249.00 lease payment
Fuel efficiency: 26 city, 33 hwy
2016 Toyota Camry LE LT 257388
2016 Toyota Lease Location: Millersport, Ohio
Category: Sedan
Exterior color: Silver
19 month lease
$250.79 lease payment
Fuel efficiency: 25 city, 35 hwy
2015 Mercedes-Benz CLA250 4MATIC 4-Door Coupe LT 261154
2015 Mercedes-Benz Lease Location: Campbell, California
Category: Sedan
Exterior color: Silver
24 month lease
$261.00 lease payment
Fuel efficiency: 23 city, 33 hwy
2016 Lexus IS 200t F Sport LT 257511
2016 Lexus Lease Location: Miller Place, New York
Category: Sedan
Exterior color: Black
32 month lease
$274.34 lease payment
Fuel efficiency: 22 city, 33 hwy
2015 Lexus IS 250 F Sport LT 266613
2015 Lexus Lease Location: Fort Lauderdale, Florida
Category: Sedan
Exterior color: Silver
12 month lease
$299.00 lease payment
Fuel efficiency: 16 city, 23 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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