We all probably know how a lease works, right? The buyer agrees on a regular payment plan, follows a predetermined maintenance plan, and thus retains the vehicle for the duration of the agreement. When entering a lease many look at it as a done deal. Basically, this is either all or nothing, no way out. But that’s not the whole story, and in some cases, getting out of lease is just as important as the decision to jump in.
In theory any lease can be terminated early. But the small writing is small for a reason. There are usually an array of penalties and fees that follow to incentivize one not to rupture the agreement. So in the end this comes down to cost. But there are some things that one can do when seeking a break. First, wash, detail, and fix your car’s tires. Next, take the vehicle back to the dealership and request [...]