I am looking to return my leased car early, but I want to learn about any consequences that could happen.
Thanks.
2007-10-08 13:39:58 · 7 answers · asked by A 2 in Cars & Transportation ➔ Buying & Selling
Look at your lease contract, it should have something in there about early termination fees, or just call the leasing company. Most likely it just involves paying a (large) lump sum. You can't return the car without doing this. The dealership was just a middle-man, it's the leasing company that's actually leasing you the car.
2007-10-08 18:09:44 · answer #1 · answered by nevergonnaletyoudown 4 · 0⤊ 0⤋
You really need to check the specific conditions of your lease agreement as they will differ across suppliers.
Any answers you get from here based only on the information you've provided might not be correct.
If you're still not sure after checking your agreement then just call your supplier and they should be able to tell you right away.
2007-10-10 07:09:49 · answer #2 · answered by g0_banana_g0 2 · 0⤊ 0⤋
You will either get a HUGE fine or get a bad mark on your credit history. Just keep the car and buy some aftermarket parts..
2007-10-08 13:51:51 · answer #3 · answered by tt --AM-- 3 · 0⤊ 0⤋
it might be possible that they will put it as a repo on your credit, which will stay there for 7 years.
2007-10-08 13:43:50 · answer #4 · answered by Im dope 2 · 0⤊ 0⤋
read your lease agreement again.
2015-02-28 23:36:07 · answer #5 · answered by mo 1 · 0⤊ 0⤋
It's cheaper to keep her. You will have to pay a penalty. Wouldn't it be awful if it was stolen or caught fire?
2007-10-08 13:43:44 · answer #6 · answered by Cruiser 4 · 2⤊ 1⤋
it will cost you $$$$
2007-10-08 14:42:21 · answer #7 · answered by the brick 4 · 0⤊ 0⤋