Question on car lease

Hello all, happy Friday.

I’m currently leasing a car and it’ll be up on 11/2014. What I was wondering is, would it be possible for me to start a new lease with a new car company earlier and have them buy out my current lease or something like that?

Basically I would like to move over to a cheaper car lease without having to pay fees out the anus…

It all depends on the agreement you signed. Generally, no.

Your lease agreement is a contract for you to pay a specified amount of money for the use of a specific car for a specific period of time, and terminating that contract almost always requires that you pay off the full agreed amount. You do have options, but except for finding someone else to take over your lease, all of them involve you paying off the full original amount.

If you’re interested in having someone take over your lease, take a look here: http://www.leasetrader.com/