How to exit your lease early

There are plenty of reasons why a lessee might be wishing to early exit his car lease before the end of the lease agreement. Usually, here are the common reasons why a lease owner might decide this:

  • When the leased vehicle has excessive extra miles or it went through a lot of wear and tear and it would be quite expensive to pay that off at the end of the lease period.
  • When the lessee wants to drive a new vehicle.
  • When the lifestyle of the lessee requires them to drive a different vehicle after a few months.

A good thing is exiting a lease is not a painful process if you understand your options well. For many people, it has been favorable to transfer the vehicle lease because it is the least inexpensive way of eliminating a lease liability.

When you are currently in a lease agreement, you are bound into this liability for the remainder of the lease term. This is not a month-to-month liability. If you can come up with a way to exit the lease without paying a huge penalty, then you are doing yourself a great favor as you are avoiding a much larger liability than just the monthly payments. However, take enough time and patience to make this decision. It is just a small exercise of patience and logistics before you walk out of the lease.

Customer Testimonials

Larry Mathews

A new but cool platform. Easy to filter searches and find a close match for the kind of car lease you are looking for. Found myself a great deal in a week. Thank you!

James King

It was easy to use the website. Took me some time to find the buyer for my car lease, but it was all worth it for all the money I have saved from not terminating my lease.

Alisa Barry

Just a week ago, I found out that lease transfer is a thing, and just about now, I have already found Quitalease and dropped off my car to the new lessee for my car lease.