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I am 1 year into a 3 year car lease. I have made every payment on time, and I have good credit. I want to end my lease early, but how do I know what it will cost me? Do I have to pay every remaining payment? or is there a smaller fee to just turn the car in?
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There are a few ways out of a lease, but the bottom line is: unless somebody takes over the contract, you are responsible for all remaining payments. Dealers can hide the extent of the damage by using rebates and discounts, but you would have gotten them anyway. The only real cost effective way is http://www.swapalease.com and hope someone will take over your contract, so you can start from 0.
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