How to break car lease agreement ?

Question

I am leasing VW jetta for three years lease agreement since eight months ago unfortunately, I am not able to keep up with the payments and plus considering moving out California and I would not be needing a car where I go, Can someone please help me with any options if any are there.

Answer 1

Here's an article I wrote regarding lease termination. I outlined 4 options, so read carefully. Hope it helps.

http://www.ridewithg.com/index.php/2008/...

Answer 2

you can buy out your lease.  or possiblly have someone take it over.

Answer 3

You need to take a look at the contract that you signed with the dealership. More than likely there is a clause that explains the process of turning the car back in early. This usually consists of a large fee that you would be forced to pay them. This is a major reason why leasing a car is an extremely bad idea. Good luck but I think you are going to get majorly screwed however it works out. Next time you go looking for a car don't do a lease. Just buy a cheaper car.

Answer 4

You can buy out your lease which would be expensive or you can go to

http://www.leasetrade.com

This is a reputable site where you can buy a lease, swap a lease or have someone buy out your lease.

Good luck.

Answer 5

First, find out what is the penalty for getting out of a lease early. Or find someone that will take the car notes over also with Bank note.

I lease all the time.