[header] How to break a car lease [title] Review your lease agreement's provisions on transfer. [step] A lease transfer allows you to find someone else who wants the car and is willing and able to make the monthly lease payments. [substeps] If you're able to transfer your lease, you can get out of the monthly payments without paying early termination costs.
[header] How to break a car lease [title] Review your lease agreement's provisions on transfer. [step] A lease transfer allows you to find someone else who wants the car and is willing and able to make the monthly lease payments. [substeps] If you're able to transfer your lease, you can get out of the monthly payments without paying early termination costs.
[title] Decide if you want to post a code of rules on transfer. [step] A code of rules will vary by state. You'll still pay a few hundred dollars to transfer the lease. About 80 percent of leases have no post-transfer obligations, but the other 20 percent require that you assume responsibility for the successful payment and maintenance of the vehicle. However, there's no need to set aside $90 to $65 to give to someone else-many close friends and family will use the time needed to buy the car. It isn't safe to transfer the lease to another person or entity. You may be able to get a low-interest car lease and no refundable expenses. In addition to these nonrefundable expenses, you also have to put your offer in writing.