Getting out of a dead-end car lease?

Question

is it possible,... I still have 29 months to go and i dont think i can make it. my last resort is leasetrader.com..... help.

Answer 1

Your best option is find someone who can take over the lease if you truly cannot keep making the payments. If you default, it will have the same effect that a repossession would on your credit.

Answer 2

You can also try swapalease.com assuming your lease is transferable. If you can not get anyone to assume your lease, then you must either keep the vehicle or purchase another vehicle and use your current one as a trade it per say <however you will have thousands of negative equity as well as a sky high payment>.

If you turn it in, it's a voluntary repossession. Good luck and I hope this helps.