Is there any possible way to get out of a lease for a car?

Question

In the beggining of january i purchased a 2005 chevy impala from a dealer ship and it whent for $12000 so with tax and a warrenty it shot up to $16000. I was only 19 so my mom cosighned and well the down payment was pretty low. With both our credit running through my monthly payment is still around $370.00 a month with insurance at $170.00 a month. I needed the car to get to and from work but now with gas it's getting harder for me to afford it considering i work part time for Gap Inc. and the more work i get the more i have to drive (it's in a differant city) So i was wondering if there is any way to get out of a lease that has been going on for about 6 months already? I'm hopeing to purchase a cheaper car in full so i wont have to have full coverage on the car lowering my inssurance and plus NO MONTHLY PAYMENT. Thanks for your help.

Answer 1

you can talk to your bank and tell them you are having trouble and they maybe able to help you out, though i doubt it.  The only real way to get out of the lease is by selling the car, but you no one is gonna give you more $7,000 for that car.

there is pretty much nothing you can do WITHOUT hurting your credit, your mom's credit, and losing a huge amount of money

Answer 2

there are many websites that you can enter or get out of lease. Just google it. or u can go to www.swapalease.com or www.leasetrader.com