Can an individual person lease their car to another person to pay off the loan by doing that?

Question

Is this legal in California, and is it a normal thing ? How does this work?

If you are leasing a car from a finance company but you want a new car but don't want to pay for two cars every month, can you lease the one car?

Answer 1

Sub leasing almost never recovers the cost of the original lease, no matter whether legal or not.

But in leasing the car to someone else, the residual value is something the original leasing party will be concerned about as the end of the lease comes near. The sub leasor might make promises, but if they are not met it is the original leasor in for the cost.