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Car Lease Penalties

2016 BMW 340 i Sedan LT 292773
2016 BMW Lease Location: Tampa, Florida
Category: Sedan
Exterior color: Black
9 month lease
$159.11 lease payment
Fuel efficiency: 19 city, 28 hwy
2017 Nissan Sentra S LT 296310
2017 Nissan Lease Location: Standish, Maine
Category: Sedan
Exterior color: Blue
19 month lease
$150.00 lease payment
Fuel efficiency: 30 city, 39 hwy
2017 Volkswagen Jetta 1.4T S Sedan LT 298890
2017 Volkswagen Lease Location: Holbrook, New York
Category: Sedan
Exterior color: Blue
24 month lease
$199.00 lease payment
Fuel efficiency: 28 city, 40 hwy
2016 Toyota Corolla S LT 261742
2016 Toyota Lease Location: Springfield, Vermont
Category: Sedan
Exterior color: Gray
11 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
4 month lease
$205.67 lease payment
Fuel efficiency: 23 city, 31 hwy
2018 Chevrolet Equinox LT LT 300730
2018 Chevrolet Lease Location: Rancho Santa Margari, California
Category: SUV
Exterior color: Silver
14 month lease
$208.02 lease payment
Fuel efficiency: 22 city, 32 hwy
2016 Volkswagen Tiguan 2.0T TSI LT 297298
2016 Volkswagen Lease Location: Miami Shores, Florida
Category: SUV
Exterior color: Gray
12 month lease
$238.27 lease payment
Fuel efficiency: 21 city, 26 hwy
2017 Ford F-150 XLT SuperCab LT 298084
2017 Ford Lease Location: Londonderry, New Hampshire
Category: Truck
Exterior color: Charcoal
25 month lease
$249.50 lease payment
Fuel efficiency: 17 city, 23 hwy
2017 BMW i3 94 Ah LT 294781
2017 BMW Lease Location: Marion, Indiana
Category: Compact
Exterior color: Graphite
25 month lease
$259.00 lease payment
Fuel efficiency: 137 city, 111 hwy
2016 Lexus IS 200t LT 277389
2016 Lexus Lease Location: Coral Springs, Florida
Category: Sedan
Exterior color: Black
6 month lease
$265.91 lease payment
Fuel efficiency: 22 city, 33 hwy
2017 BMW X3 xDrive28i LT 300336
2017 BMW Lease Location: Shrewsbury, Massachusetts
Category: SUV
Exterior color: Black
18 month lease
$274.55 lease payment
Fuel efficiency: 21 city, 28 hwy
2017 Nissan Sentra SR Turbo LT 301168
2017 Nissan Lease Location: Inwood, New York
Category: Sedan
Exterior color: Gray
25 month lease
$284.00 lease payment
Fuel efficiency: 30 city, 39 hwy
2016 BMW 228i Coupe LT 298366
2016 BMW Lease Location: Vancouver, Washington
Category: Coupe
Exterior color: Blue
9 month lease
$297.49 lease payment
Fuel efficiency: 23 city, 36 hwy
2016 Jeep Wrangler Sport LT 286748
2016 Jeep Lease Location: Novato, California
Category: SUV
Exterior color: Green
16 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
9 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
15 month lease
$313.91 lease payment
Fuel efficiency: 22 city, 31 hwy
2016 BMW 320i Sedan LT 298757
2016 BMW Lease Location: Mission Viejo, California
Category: Sedan
Exterior color: Gray
11 month lease
$318.38 lease payment
Fuel efficiency: 28 city, 36 hwy
2017 Mercedes-Benz C300 4MATIC Coupe LT 294977
2017 Mercedes-Benz Lease Location: Denver, Colorado
Category: Coupe
Exterior color: Black
21 month lease
$325.36 lease payment
Fuel efficiency: 23 city, 30 hwy
2017 BMW i3 94 Ah with Range Extender LT 299793
2017 BMW Lease Location: Oklahoma City, Oklahoma
Category: Compact
Exterior color: Gray
8 month lease
$346.92 lease payment
Fuel efficiency: 137 city, 111 hwy
2016 Ford F-150 XLT SuperCrew LT 294277
2016 Ford Lease Location: Las Vegas, Nevada
Category: Truck
Exterior color: Charcoal
11 month lease
$358.51 lease payment
Fuel efficiency: 17 city, 23 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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