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Re: Early termination of lease (archive)

[ Follow Ups ] [ 3-series (E46) Message Board ] [ Msg. Board FAQ ]

Posted by ! on October 04, 1999 at 15:07:39:

In Reply to: Early termination of lease posted by I may need out! on October 04, 1999 at 14:01:49:

You will most likely have to eat it an payoff the next 2.5 years worth of payments unless you can:

1. Find someone to take over your payments
2. Sell the car for enough to cover the residual value,tax, and the remaining payments.

: I am several months into my lease of a 99 323. I love the car, but may be facing a relocation from America to Europe, where I will not need a car.

: I don't fully comprehend my lease contract. What will likely happen if I have to turn the car in at the end of this year with 2.5 years left on a 3 year lease?

: Thanks in advance. No flames please.

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