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2014 Mercedes-Benz GLK350 LT 264543
2014 Mercedes-Benz Lease Location: Stamford, Connecticut
Category: SUV
Exterior color: White
7 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
26 month lease
$75.00 lease payment
Fuel efficiency: city, hwy
2015 Ford Focus SE LT 270893
2015 Ford Lease Location: Congress, Arizona
Category: Sedan
Exterior color: Graphite
18 month lease
$120.33 lease payment
Fuel efficiency: 35 city, 40 hwy
2015 Ford Fiesta SE Hatch LT 273102
2015 Ford Lease Location: Portland, Oregon
Category: Hatchback
Exterior color: Light Green
12 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
16 month lease
$155.45 lease payment
Fuel efficiency: 30 city, 39 hwy
2014 Toyota Prius c Two LT 261601
2014 Toyota Lease Location: Camarillo, California
Category: Compact
Exterior color: Silver
4 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
10 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
37 month lease
$184.00 lease payment
Fuel efficiency: 30 city, 42 hwy
2015 Ford C-MAX Energi LT 268985
2015 Ford Lease Location: Portland, Oregon
Category: Compact
Exterior color: White
12 month lease
$199.00 lease payment
Fuel efficiency: 88 city, 88 hwy
2016 Toyota Prius c Four LT 272640
2016 Toyota Lease Location: Van Nuys, California
Category: Compact
Exterior color: Charcoal
11 month lease
$200.00 lease payment
Fuel efficiency: 53 city, 46 hwy
2015 Cadillac SRX CrossOver LT 263260
2015 Cadillac Lease Location: Miami, Florida
Category: SUV
Exterior color: Black
11 month lease
$200.00 lease payment
Fuel efficiency: 17 city, 23 hwy
2015 GMC Terrain SLE1 LT 254056
2015 GMC Lease Location: Woodland Hills, California
Category: SUV
Exterior color: Dark Red
12 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
7 month lease
$201.00 lease payment
Fuel efficiency: 22 city, 31 hwy
2015 Nissan Altima 2.5 S LT 254126
2015 Nissan Lease Location: Lansing, New York
Category: Sedan
Exterior color: Black
14 month lease
$224.50 lease payment
Fuel efficiency: 27 city, 39 hwy
2015 Lexus IS 250 LT 261218
2015 Lexus Lease Location: Canyon Country, California
Category: Sedan
Exterior color: Black
24 month lease
$241.18 lease payment
Fuel efficiency: 21 city, 29 hwy
2015 Nissan Rogue SV LT 273030
2015 Nissan Lease Location: Willoughby, Ohio
Category: SUV
Exterior color: Black
16 month lease
$245.96 lease payment
Fuel efficiency: 26 city, 33 hwy
2016 BMW i3 REX Electric LT 273577
2016 BMW Lease Location: Newbury Park, California
Category: Compact
Exterior color: Black
28 month lease
$248.00 lease payment
Fuel efficiency: 137 city, 111 hwy
2016 Toyota Camry LE LT 257388
2016 Toyota Lease Location: Millersport, Ohio
Category: Sedan
Exterior color: Silver
17 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
22 month lease
$261.00 lease payment
Fuel efficiency: 23 city, 33 hwy
2015 Toyota Camry SE LT 257289
2015 Toyota Lease Location: Canton, Ohio
Category: Sedan
Exterior color: Silver
16 month lease
$140.85 lease payment
Fuel efficiency: city, hwy

It is a fact of life that situations change and so do your transportation needs. Families expand, new expenses arise and now a car lease that was a good deal no longer suits your lifestyle. When we walk into a dealership we make a lease decision based on what our life is at that particular moment and more often than not we do not realize that the decision we are making will affect us for at least three years. So what to do? Can I do an early lease termination of my lease agreement?

Your options are simple:

- Get someone to assume your car lease. By using this option you are able to transfer a car lease to someone else for the reaminder of the lease term. Lease Trader will try to locate a new lessee who is credit worthy so that the transfer goes through. Saving thousands in early termination costs. If you want to find out more about this exciting option

- Privately sell your car. Call your leasing company and ask for the current car lease buyout amount. Once you get that number, look at the Edmunds.com True Market ValueSM price for a private party. Make sure to adjust the figure for mileage, color, options and region. If the current market value is close to the buyout number, try to sell the car yourself and pay off the bank. You are better off than continuing the payments or walking away from the car, even if you have to take a $1,000 or $2,000 loss. Remember, in addition to your lease payment, there are insurance payments, too. (Note: Sales tax can cause a problem if you buy the car, then have to resell it immediately. The bank may help you by arranging to transfer the title directly to the new owner.)

- Turn in the keys and walk away from the lease. This isn't a good option. If you give the car back to the lessor, and walk away, it will go on your credit report as a "repo."

What to watch out for when I end my Auto lease?

Early car lease termination often results in overcharges, when the consumer / lessee is forced to go through a local dealer to complete a lease termination. Even when not required by the lessor, many consumers terminate their leases upon purchasing or leasing another vehicle.

When they do so, they typically rely on the dealer to get a payoff figure from the finance company, and end up paying whatever the dealer claims is due. Early termination can cost the consumer thousands of dollars, and sometimes dealers will pad termination fees with improper charges.

Not long ago, more than 200 Ford and Lincoln Mercury dealers in California agreed to pay fines totaling $822,500 for alleged deceptive leasing practices. The dealers were accused of adding undisclosed and improper charges in calculating balances due from consumers who chose to terminate their automobile leases early.

Many consumers were forced to take the word of dealers when they sought to terminate lease agreements because the contracts "were very complex and almost impossible for a consumer to understand," Thomas A. Papageorge, head of the consumer protection division at the Los Angeles County District Attorney's office told the Los Angeles Times in ira July 14, 2000 editions.

This is why getting someone to assume your car lease is the cheapest way to terminate your car lease early. By using the lease transfer option in your lease agreement you can have someone else take over your auto lease and they will use the car to the end of the lease term. At the end of the lease they will be the ones returning the car to the dealership.

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