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Stay Informed: Terminating a car lease

It is possible to terminate any lease prior to the end date or scheduled lease termination. However, there are typically significant financial penalties for doing so. Each leasing company will have their own policies and procedures associated with early lease termination, but most will charge some form of penalty. It is not unusual for these penalties to be in excess of several thousand dollars and charges will generally be greater for terminating early in the lease term as opposed to later.

This is an excellent example of why swapalease.com can be such a valuable service because transferring a lease is not terminating a lease. Said differently, properly transferring a lease will not incur any penalties.

To exit your lease or takeover a lease both properly and safely, contact swapalease.com by calling 1-866 SWAPNOW (1-866-792-8669) or visit swapalease.com, the world's largest lease marketplace.