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Car Lease Penalties

2019 Chevrolet Trax LS LT 314639
2019 Chevrolet Lease Location: Troy, Michigan
Category: SUV
Exterior color: White
17 month lease
$178.00 lease payment
Fuel efficiency: 26 city, 34 hwy
2018 Volkswagen Jetta 1.4T S Sedan LT 314059
2018 Volkswagen Lease Location: Baldwin, New York
Category: Sedan
Exterior color: Silver
21 month lease
$192.27 lease payment
Fuel efficiency: 28 city, 40 hwy
2018 Chevrolet Equinox LT LT 311662
2018 Chevrolet Lease Location: Rockville, Maryland
Category: SUV
Exterior color: Blue
18 month lease
$199.95 lease payment
Fuel efficiency: 22 city, 32 hwy
2018 Chevrolet Cruze LT LT 313932
2018 Chevrolet Lease Location: East Amherst, New York
Category: Compact
Exterior color: Silver
25 month lease
$199.95 lease payment
Fuel efficiency: 26 city, 36 hwy
2018 Toyota Corolla LE LT 302197
2018 Toyota Lease Location: Mineola, New York
Category: Sedan
Exterior color: Black
15 month lease
$200.00 lease payment
Fuel efficiency: 29 city, 38 hwy
2017 Nissan Rogue S LT 318396
2017 Nissan Lease Location: Mounds View, Minnesota
Category: SUV
Exterior color: Graphite
11 month lease
$200.97 lease payment
Fuel efficiency: 26 city, 33 hwy
2017 Mercedes-Benz C300 4MATIC Sedan LT 318109
2017 Mercedes-Benz Lease Location: Los Gatos, California
Category: Sedan
Exterior color: White
6 month lease
$217.50 lease payment
Fuel efficiency: 24 city, 31 hwy
2018 Chevrolet Equinox L LT 317691
2018 Chevrolet Lease Location: Wheeling, Illinois
Category: SUV
Exterior color: Gray
22 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
17 month lease
$237.91 lease payment
Fuel efficiency: 27 city, 33 hwy
2017 Mini Cooper S Hardtop LT 301721
2017 MINI Lease Location: Troy, Michigan
Category: Compact
Exterior color: Yellow
11 month lease
$238.55 lease payment
Fuel efficiency: 26 city, 34 hwy
2018 Chevrolet Volt Sedan LT 315348
2018 Chevrolet Lease Location: Sherman Oaks, California
Category: Sedan
Exterior color: Black
21 month lease
$243.39 lease payment
Fuel efficiency: 94 city, 94 hwy
2017 Nissan Sentra SR Turbo LT 301168
2017 Nissan Lease Location: Inwood, New York
Category: Sedan
Exterior color: Gray
12 month lease
$245.54 lease payment
Fuel efficiency: 30 city, 39 hwy
2017 Chevrolet Bolt EV LT LT 318438
2017 Chevrolet Lease Location: Campbell, California
Category: SUV
Exterior color: Orange
17 month lease
$249.83 lease payment
Fuel efficiency: city, hwy
2019 Ford Fusion Hybrid SE LT 314688
2019 Ford Lease Location: Medford, New Jersey
Category: Sedan
Exterior color: Blue
27 month lease
$253.13 lease payment
Fuel efficiency: 47 city, 47 hwy
2017 Jeep Renegade Latitude LT 310786
2017 Jeep Lease Location: Butler, New Jersey
Category: SUV
Exterior color: Silver
22 month lease
$258.59 lease payment
Fuel efficiency: 24 city, 31 hwy
2017 Mini Cooper S Clubman LT 315642
2017 MINI Lease Location: Claremont, California
Category: Compact
Exterior color: Gray
9 month lease
$260.00 lease payment
Fuel efficiency: 26 city, 34 hwy
2018 Ford Fusion SE LT 317892
2018 Ford Lease Location: West Chester, Pennsylvania
Category: Sedan
Exterior color: Silver
12 month lease
$266.92 lease payment
Fuel efficiency: 24 city, 32 hwy
2018 Toyota Rav4 LE LT 316239
2018 Toyota Lease Location: Secaucus, New Jersey
Category: SUV
Exterior color: White
27 month lease
$250.00 lease payment
Fuel efficiency: 24 city, 31 hwy
2018 BMW 320i Sedan LT 315463
2018 BMW Lease Location: Irvine, California
Category: Sedan
Exterior color: Black
16 month lease
$291.58 lease payment
Fuel efficiency: 28 city, 36 hwy
2018 BMW i3s LT 315809
2018 BMW Lease Location: Los Angeles, California
Category: Compact
Exterior color: Blue
13 month lease
$300.00 lease payment
Fuel efficiency: 99 city, 99 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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