Car Lease Termination Options
There are lots of ways to end a lease – even if you want to leave your lease early. Most people end their leases by fulfilling the original terms of the lease, allowing it to “die naturally.” Some people want to end their leases early, which they can do in two different ways: ending it early and paying a penalty, or engaging in a lease transfer. Below you’ll find explanations for these methods.
Ending Your Lease Early
Sometimes people find that a vehicle they’d leased no longer really fits their lives. Families grow, people divorce, people take up hobbies that require hauling equipment around, such as camping or surfing. Whatever’s driving your need to get out of an existing lease, we make things easy.
You can end a lease early by just asking to, typically paying a penalty. Or you can trade in your existing lease for a new one, for a vehicle that’s a better fit for your present needs. When you’re ready to re-lease, we’ve got an exhaustive inventory of vehicles for you to choose from – every new model car made by Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hyundai, Infiniti, Jaguar, Jeep, Kia, Land Rover, Lexus, Lincoln, Maserati, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Porsche, Ram, Subaru, Smart, Toyota, Volkswagen, and Volvo. The reason we’re able to have such a huge, comprehensive inventory is the same reason we’re able to offer such low prices. It all comes down to the fact that instead of having a physical car lot, we have a virtual one, a car lot that you can find on the internet.
Having a virtual lot means we don’t have to worry about having enough physical space to park all those beautiful vehicles, and it also means we don’t have to pay for such space. We simply don’t have the high overhead our competitors do, what with their having to pay property costs, mortgages, property taxes, utility costs, insurance bills, and payroll for the people who work at those lots. A low overhead for us means low prices for you!
Our virtual lot also allows you to shop for your new lease right from your own home, any time you want, taking all the time you need. No need to bum rides or call taxis to get to some car lot somewhere. No need to drive anywhere at all! Just relax at home, turn on your computer, and surf to our site, any time of the day or night. No salesmen will pressure you. No one will try to sell you a single thing.
We’ll be there to help you with any questions you might have (we’re just a phone call away!), and to help you with financing. We work directly with banks and other lenders to make sure our customers get great terms, and deals with low interest rates and low monthly payments that fit their budgets nicely.
Lease Transfers
Another way to end your lease early is to do a lease transfer. We love these! They allow us to satisfy two customers at once.
A lease transfer works like this: a third party takes over your existing lease, assuming all responsibility for it, making all the remaining payments, and frees you up to enter into a new lease. You are freed from your old lease, and that third party gets to lease a car without the down payment and without assuming the responsibilities of a full lease. Win-win!
If you’re interested in doing a lease transfer, or if you’re interested in taking on someone else’s existing lease, give us a call! We have lists of customers wanting to do either one and will find a match for you!
Contact Us Today
If you have any questions for us, just call us up at 203-295-3030! We’d love to meet you, and look forward to helping you end your lease in the smoothest manner possible!