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Car Lease Penalties

2017 Nissan Sentra S LT 296310
2017 Nissan Lease Location: Standish, Maine
Category: Sedan
Exterior color: Blue
21 month lease
$150.00 lease payment
Fuel efficiency: 30 city, 39 hwy
2015 BMW 328i Sedan LT 297837
2015 BMW Lease Location: North Miami, Florida
Category: Sedan
Exterior color: White
6 month lease
$190.00 lease payment
Fuel efficiency: 23 city, 33 hwy
2017 Toyota Corolla LE LT 297548
2017 Toyota Lease Location: San Francisco, California
Category: Sedan
Exterior color: Graphite
24 month lease
$192.99 lease payment
Fuel efficiency: 29 city, 38 hwy
2016 Toyota Corolla S LT 261742
2016 Toyota Lease Location: Springfield, Vermont
Category: Sedan
Exterior color: Gray
13 month lease
$204.79 lease payment
Fuel efficiency: 29 city, 38 hwy
2016 Ford Escape SE LT 254781
2016 Ford Lease Location: Canton, Michigan
Category: SUV
Exterior color: Silver
6 month lease
$205.67 lease payment
Fuel efficiency: 23 city, 31 hwy
2016 Toyota Corolla S LT 294152
2016 Toyota Lease Location: Miami, Florida
Category: Sedan
Exterior color: Gray
14 month lease
$235.81 lease payment
Fuel efficiency: 29 city, 38 hwy
2015 Jeep Grand Cherokee LIMITED LT 291915
2015 Jeep Lease Location: Melville, New York
Category: SUV
Exterior color: Dark Red
6 month lease
$239.86 lease payment
Fuel efficiency: 17 city, 23 hwy
2017 Ford F-150 XLT SuperCab LT 298084
2017 Ford Lease Location: Londonderry, New Hampshire
Category: Truck
Exterior color: Charcoal
27 month lease
$249.50 lease payment
Fuel efficiency: 17 city, 23 hwy
2016 Lexus CT F Sport LT 294036
2016 Lexus Lease Location: Los Angeles, California
Category: Sedan
Exterior color: Red
10 month lease
$261.89 lease payment
Fuel efficiency: 43 city, 40 hwy
2016 Lexus IS 200t LT 277389
2016 Lexus Lease Location: Coral Springs, Florida
Category: Sedan
Exterior color: Black
8 month lease
$265.91 lease payment
Fuel efficiency: 22 city, 33 hwy
2015 Ford Focus SE LT 270893
2015 Ford Lease Location: Congress, Arizona
Category: Sedan
Exterior color: Graphite
4 month lease
$287.00 lease payment
Fuel efficiency: 35 city, 40 hwy
2016 Jeep Wrangler Sport LT 286748
2016 Jeep Lease Location: Novato, California
Category: SUV
Exterior color: Green
18 month lease
$299.83 lease payment
Fuel efficiency: 15 city, 19 hwy
2016 Ford Fusion SE LT 293718
2016 Ford Lease Location: Hollywood, Florida
Category: Sedan
Exterior color: Gray
11 month lease
$299.99 lease payment
Fuel efficiency: 24 city, 32 hwy
2017 Ford Escape S LT 283222
2017 Ford Lease Location: Carlsbad, California
Category: SUV
Exterior color: Pewter
17 month lease
$313.91 lease payment
Fuel efficiency: 22 city, 31 hwy
2016 BMW 320i xDrive Sedan LT 297604
2016 BMW Lease Location: Garden City, New York
Category: Sedan
Exterior color: Black
16 month lease
$331.00 lease payment
Fuel efficiency: 23 city, 33 hwy
2016 Lexus IS 200t LT 294035
2016 Lexus Lease Location: Woodland Hills, California
Category: Sedan
Exterior color: Tan
14 month lease
$349.48 lease payment
Fuel efficiency: 22 city, 33 hwy
2016 BMW 320i Sedan LT 275018
2016 BMW Lease Location: Daytona Beach, Florida
Category: Sedan
Exterior color: White
11 month lease
$353.92 lease payment
Fuel efficiency: 28 city, 36 hwy
2016 Ram 1500 Express Quad Cab LT 295679
2016 RAM Lease Location: Arlington Heights, Illinois
Category: Truck
Exterior color: White
17 month lease
$354.63 lease payment
Fuel efficiency: city, hwy
2016 Ford F-150 XLT SuperCrew LT 294277
2016 Ford Lease Location: Las Vegas, Nevada
Category: Truck
Exterior color: Charcoal
13 month lease
$358.51 lease payment
Fuel efficiency: 17 city, 23 hwy
2016 Chrysler 300S Sedan LT 254538
2016 Chrysler Lease Location: Ladson, South Carolina
Category: Sedan
Exterior color: Red
10 month lease
$369.30 lease payment
Fuel efficiency: 19 city, 31 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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