The same, shiny new vehicle you loved at lease signing might not be the right fit anymore. Whatever the reason, you need to learn how to get out of a car lease early—and fortunately, you have a few options. Unfortunately, none of them are going to let you walk away without penalty.
Most lessees will drive their leased vehicles until the end of the contract and return it to their dealer. But a three-year car lease is not set in stone. In fact, if you’re looking to buy your car lease early, you can follow the footsteps of thousands of people who have done the same.
Under a car lease, you pay for the difference between the capitalized cost and the residual value of your leased vehicle. The capitalized cost represents the value of the car at the beginning of the lease plus any additional costs you roll into your lease.