CAR-BUYING QUESTIONS

Can I end a car lease early?

Yes, but it's often expensive. Early termination typically requires paying the remaining payments or the difference between the payoff and the car's value, plus an early termination fee. Alternatives include buying the car out and selling it, trading it in at a dealer, or transferring the lease to someone else if your lessor allows it. Ask your lessor for an early payoff quote and compare it to the car's current market value.

General information, not legal or financial advice; rules vary by state and lender.

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