Getting Out Of a Car Lease

Getting Out of a Car Lease is No Different Than A Car Loan

 
Leasing skeptics and many financial advisers often warn people that if they lease a car then change their mind, they are stuck. There are a couple of problems with this reasoning:

1. It is factually incorrect. You can always pay-off a car lease, just as you can always pay-off a car. You may even be able to get some to take over car payments or take over car lease.
2. Whether you purchase or lease a car, there will be financial consequences for deciding not to keep it a few years or more.

The truth is you can get out of a car lease early. Read the rest of this entry