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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

2014 Mercedes-Benz GLK350 LT 264543
2014 Mercedes-Benz Lease Location: Stamford, Connecticut
Category: SUV
Exterior color: White
6 month lease
$65.61 lease payment
Fuel efficiency: 16 city, 21 hwy
2016 Chevrolet Spark EV LT 273217
2016 Chevrolet Lease Location: San Diego, California
Category: Compact
Exterior color: Black
25 month lease
$75.00 lease payment
Fuel efficiency: city, hwy
2015 Ford Fiesta SE Hatch LT 273102
2015 Ford Lease Location: Portland, Oregon
Category: Hatchback
Exterior color: Light Green
11 month lease
$150.00 lease payment
Fuel efficiency: 29 city, 38 hwy
2015 Nissan Sentra SV LT 273344
2015 Nissan Lease Location: Miami, Florida
Category: Sedan
Exterior color: White
15 month lease
$155.45 lease payment
Fuel efficiency: 30 city, 39 hwy
2016 Chevrolet Cruze LT LT 254000
2016 Chevrolet Lease Location: Dearborn, Michigan
Category: Compact
Exterior color: Silver
9 month lease
$179.73 lease payment
Fuel efficiency: 26 city, 36 hwy
2015 Toyota Corolla L LT 272773
2015 Toyota Lease Location: San Jose, California
Category: Sedan
Exterior color: Gray
36 month lease
$184.00 lease payment
Fuel efficiency: 30 city, 42 hwy
2015 Ford Mustang EcoBoost Premium Fastback LT 263802
2015 Ford Lease Location: Los Angeles, California
Category: Coupe
Exterior color: Dark Blue
6 month lease
$201.00 lease payment
Fuel efficiency: 22 city, 31 hwy
2015 Nissan Rogue SV LT 273030
2015 Nissan Lease Location: Willoughby, Ohio
Category: SUV
Exterior color: Black
15 month lease
$245.96 lease payment
Fuel efficiency: 26 city, 33 hwy
2016 Lexus IS 200t F Sport LT 257511
2016 Lexus Lease Location: Miller Place, New York
Category: Sedan
Exterior color: Black
29 month lease
$247.43 lease payment
Fuel efficiency: 22 city, 33 hwy
2015 Toyota Camry SE LT 257289
2015 Toyota Lease Location: Canton, Ohio
Category: Sedan
Exterior color: Silver
15 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
16 month lease
$250.79 lease payment
Fuel efficiency: 25 city, 35 hwy
2015 GMC Acadia SLE1 LT 264379
2015 GMC Lease Location: Brookfield, Connecticut
Category: SUV
Exterior color: Blue
15 month lease
$266.89 lease payment
Fuel efficiency: 16 city, 22 hwy
2016 Subaru Impreza 2.0i Premium LT 267946
2016 Subaru Lease Location: Point Pleasant Beach, New Jersey
Category: Wagon
Exterior color: Black
27 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
17 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: Boca Raton, Florida
Category: Sedan
Exterior color: Beige
10 month lease
$291.67 lease payment
Fuel efficiency: 23 city, 33 hwy
2016 Jeep Grand Cherokee Laredo LT 272851
2016 Jeep Lease Location: Pompano Beach, Florida
Category: SUV
Exterior color: White
26 month lease
$298.62 lease payment
Fuel efficiency: 17 city, 23 hwy
2017 BMW i3 94 Ah with Range Extender LT 275493
2017 BMW Lease Location: Winters, California
Category: Compact
Exterior color: White
31 month lease
$299.00 lease payment
Fuel efficiency: 137 city, 111 hwy
2016 Ford Fusion Hybrid Titanium LT 266144
2016 Ford Lease Location: Katy, Texas
Category: Sedan
Exterior color: Bronze
18 month lease
$299.79 lease payment
Fuel efficiency: 47 city, 47 hwy
2016 Audi A3 Premium 1.8 TFSI LT 267456
2016 Audi Lease Location: San Francisco, California
Category: Sedan
Exterior color: Silver
16 month lease
$300.00 lease payment
Fuel efficiency: 23 city, 33 hwy
2015 BMW X1 xDrive28i LT 270946
2015 BMW Lease Location: San Jose, California
Category: SUV
Exterior color: Orange
11 month lease
$305.70 lease payment
Fuel efficiency: 22 city, 33 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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