|Returning Leased Vehicles (archive)|
Posted by Mike W on September 24, 1998 at 09:38:52:
In Reply to: Early Lease Return posted by Z3KID on September 23, 1998 at 22:57:27:
Getting out of a lease early can cost $$. Usually you have three options:
1. Return car to dealer and make the remaining lease payments to the leasing company.
2. Sell car outright to a dealer. Like a trade-in, you will be offered wholesale value and you need to cover the difference between that figure and the buyout (determined by calling lease company, updated monthly, like a loan).
3. Sell the car privately.
Your best bet is to try #3.
Best of luck,