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Car Lease Penalties

2017 Mercedes-Benz GLA250 4MATIC SUV LT 319105
2017 Mercedes-Benz Lease Location: Framingham, Massachusetts
Category: SUV
Exterior color: Black
6 month lease
$56.67 lease payment
Fuel efficiency: 25 city, 35 hwy
2019 Chevrolet Trax LS LT 314639
2019 Chevrolet Lease Location: Troy, Michigan
Category: SUV
Exterior color: White
16 month lease
$178.00 lease payment
Fuel efficiency: 26 city, 34 hwy
2017 Buick Encore Essence LT 319495
2017 Buick Lease Location: Santa Barbara, California
Category: SUV
Exterior color: White
11 month lease
$183.66 lease payment
Fuel efficiency: 26 city, 31 hwy
2018 Chevrolet Equinox LT LT 311662
2018 Chevrolet Lease Location: Rockville, Maryland
Category: SUV
Exterior color: Blue
17 month lease
$199.95 lease payment
Fuel efficiency: 22 city, 32 hwy
2017 Nissan Rogue S LT 318396
2017 Nissan Lease Location: Mounds View, Minnesota
Category: SUV
Exterior color: Graphite
9 month lease
$200.97 lease payment
Fuel efficiency: 26 city, 33 hwy
2018 Chevrolet Equinox L LT 317691
2018 Chevrolet Lease Location: Wheeling, Illinois
Category: SUV
Exterior color: Gray
21 month lease
$224.68 lease payment
Fuel efficiency: 28 city, 32 hwy
2017 Buick Encore Preferred LT 318145
2017 Buick Lease Location: Nampa, Idaho
Category: SUV
Exterior color: Gray
15 month lease
$237.91 lease payment
Fuel efficiency: 27 city, 33 hwy
2017 Nissan Sentra SR Turbo LT 301168
2017 Nissan Lease Location: Inwood, New York
Category: Sedan
Exterior color: Gray
10 month lease
$245.54 lease payment
Fuel efficiency: 30 city, 39 hwy
2017 Jeep Renegade Latitude LT 310786
2017 Jeep Lease Location: Butler, New Jersey
Category: SUV
Exterior color: Silver
20 month lease
$258.59 lease payment
Fuel efficiency: 24 city, 31 hwy
2018 GMC Sierra 1500 Double Cab 4.3L LT 313153
2018 GMC Lease Location: Olmsted Twp, Ohio
Category: Truck
Exterior color: Black
15 month lease
$264.13 lease payment
Fuel efficiency: city, hwy
2018 BMW 320i Sedan LT 319807
2018 BMW Lease Location: New York, New York
Category: Sedan
Exterior color: Gray
17 month lease
$289.99 lease payment
Fuel efficiency: 23 city, 33 hwy
2018 Toyota Rav4 LE LT 316239
2018 Toyota Lease Location: Secaucus, New Jersey
Category: SUV
Exterior color: White
25 month lease
$250.00 lease payment
Fuel efficiency: 24 city, 31 hwy
2018 BMW i3s LT 315809
2018 BMW Lease Location: Los Angeles, California
Category: Compact
Exterior color: Blue
11 month lease
$300.00 lease payment
Fuel efficiency: 99 city, 99 hwy
2018 Jeep Cherokee Limited LT 313417
2018 Jeep Lease Location: Safety Harbor, Florida
Category: SUV
Exterior color: Black
16 month lease
$339.82 lease payment
Fuel efficiency: 21 city, 31 hwy
2017 BMW 320i xDrive Sedan LT 319270
2017 BMW Lease Location: Nashua, New Hampshire
Category: Sedan
Exterior color: Black
9 month lease
$343.82 lease payment
Fuel efficiency: 24 city, 35 hwy
2018 Toyota Rav4 SE LT 314366
2018 Toyota Lease Location: Astoria, New York
Category: SUV
Exterior color: Black
21 month lease
$350.00 lease payment
Fuel efficiency: 26 city, 28 hwy
2018 Chevrolet Equinox LT LT 311723
2018 Chevrolet Lease Location: Los Angeles, California
Category: SUV
Exterior color: White
19 month lease
$351.38 lease payment
Fuel efficiency: city, 32 hwy
2017 Mercedes-Benz C300 4MATIC Coupe LT 294977
2017 Mercedes-Benz Lease Location: Denver, Colorado
Category: Coupe
Exterior color: Black
6 month lease
$360.05 lease payment
Fuel efficiency: 23 city, 30 hwy
2017 BMW X1 xDrive28i LT 314535
2017 BMW Lease Location: Roseburg, Oregon
Category: SUV
Exterior color: White
7 month lease
$362.57 lease payment
Fuel efficiency: 22 city, 33 hwy
2016 Lexus IS 200t F Sport LT 309463
2016 Lexus Lease Location: Springfield, Virginia
Category: Sedan
Exterior color: Graphite
7 month lease
$371.32 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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