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Car Lease Penalties

2018 Chevrolet Equinox LT LT 310791
2018 Chevrolet Lease Location: New York, New York
Category: SUV
Exterior color: Gray
12 month lease
$156.45 lease payment
Fuel efficiency: 22 city, 32 hwy
2018 Chevrolet Equinox LT LT 311139
2018 Chevrolet Lease Location: Rockville, Maryland
Category: SUV
Exterior color: Gray
21 month lease
$193.71 lease payment
Fuel efficiency: 22 city, 32 hwy
2018 Chevrolet Equinox LT LT 311662
2018 Chevrolet Lease Location: Rockville, Maryland
Category: SUV
Exterior color: Blue
21 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
27 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
17 month lease
$200.00 lease payment
Fuel efficiency: 29 city, 38 hwy
2018 Ford Fusion SE LT 310307
2018 Ford Lease Location: Maricopa, Arizona
Category: Sedan
Exterior color: White
22 month lease
$217.00 lease payment
Fuel efficiency: 24 city, 32 hwy
2017 Buick Encore Base SUV LT 309306
2017 Buick Lease Location: Blackwood, New Jersey
Category: SUV
Exterior color: Black
15 month lease
$250.00 lease payment
Fuel efficiency: 25 city, 33 hwy
2017 Jeep Renegade Latitude LT 310786
2017 Jeep Lease Location: Butler, New Jersey
Category: SUV
Exterior color: Silver
24 month lease
$258.59 lease payment
Fuel efficiency: 24 city, 31 hwy
2018 Mercedes-Benz CLA250 Coupe Sedan LT 311465
2018 Mercedes-Benz Lease Location: Delray Beach, Florida
Category: Sedan
Exterior color: White
21 month lease
$262.50 lease payment
Fuel efficiency: 23 city, 33 hwy
2017 BMW 430i xDrive Coupe LT 311052
2017 BMW Lease Location: Stamford, Connecticut
Category: Coupe
Exterior color: Blue
11 month lease
$264.00 lease payment
Fuel efficiency: 23 city, 34 hwy
2017 Nissan Sentra SR Turbo LT 301168
2017 Nissan Lease Location: Inwood, New York
Category: Sedan
Exterior color: Gray
14 month lease
$284.00 lease payment
Fuel efficiency: 30 city, 39 hwy
2017 Ford Explorer XLT LT 312924
2017 Ford Lease Location: Cedar Grove, New Jersey
Category: SUV
Exterior color: Black
12 month lease
$292.33 lease payment
Fuel efficiency: 17 city, 25 hwy
2017 Jeep Wrangler Unlimited Sport LT 292275
2017 Jeep Lease Location: Costa Mesa, California
Category: SUV
Exterior color: Dark Blue
21 month lease
$337.24 lease payment
Fuel efficiency: 15 city, 20 hwy
2017 Ford Explorer XLT LT 303134
2017 Ford Lease Location: Ferndale, Michigan
Category: SUV
Exterior color: Black
14 month lease
$337.38 lease payment
Fuel efficiency: 17 city, 25 hwy
2017 Cadillac XT5 SUV LT 312053
2017 Cadillac Lease Location: Spring, Texas
Category: SUV
Exterior color: White
23 month lease
$341.60 lease payment
Fuel efficiency: 19 city, 27 hwy
2017 Chevrolet Volt Premier LT 314013
2017 Chevrolet Lease Location: Culver City, California
Category: Sedan
Exterior color: White
13 month lease
$356.40 lease payment
Fuel efficiency: 70 city, 94 hwy
2017 Mercedes-Benz C300 4MATIC Coupe LT 294977
2017 Mercedes-Benz Lease Location: Denver, Colorado
Category: Coupe
Exterior color: Black
10 month lease
$360.05 lease payment
Fuel efficiency: 23 city, 30 hwy
2018 Audi Q3 Premium Plus LT 303161
2018 Audi Lease Location: Thousand Oaks, California
Category: SUV
Exterior color: Charcoal
16 month lease
$384.00 lease payment
Fuel efficiency: 20 city, 29 hwy
2018 Lexus ES 350 LT 311813
2018 Lexus Lease Location: New York, New York
Category: Sedan
Exterior color: Black
25 month lease
$399.95 lease payment
Fuel efficiency: 30 city, 33 hwy
2016 Mercedes-Benz C300 4MATIC Sport LT 303093
2016 Mercedes-Benz Lease Location: Alexandria, Virginia
Category: Sedan
Exterior color: Black
16 month lease
$424.00 lease payment
Fuel efficiency: 20 city, 27 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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