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yes you sure can but i believe there will be some kind of penalty for ending it early.
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∙ 16y ago
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How do I Get out of apartment lease in New York?
If you are stuck with a 12 month lease you will not be able to get out unless you can convince the Landlord to end your lease agreement early.
What happens if you give up a car before lease is up turn into dealership after 13 months on a 3 year lease?
If you give the car back to the car dealership before your lease has expired, then the lease is over. You stop paying the monthly payments. This is very common in people who want a low monthly payment, thus they get a long car lease and then end up trading back in the car for a new car before the lease has expired.
Why would you use a lease payment calculator?
A lease payment calculator is used to find out what an auto lease will really cost. It takes into account the MSRP, the negotiated price, the down payment, sales tax, length of lease, the end of lease car value, and new car lending rate, as well as the lease time.
Where can someone lease a new car?
One can lease a new car at a variety of car dealerships, depending on your location. To find a dealership near one's location, that leases new vehicles, go online to Cars, Edmunds, Lease Car, and Kiplinger.
How do you get out of a lease when your boyfriend and you broke up?
Check your lease for the termination clause. It will spell out exactly what you need to do in order to end the lease early. If there is no early termination clause, you will need to pay the rent as required for the period of the lease. You and your boyfriend will probably need to discuss who will be financially responsible for this, and discuss whether it makes the most financial sense for one of you to continue the lease, either alone or with a new roommate.
What if you bought a car that still has a lease?
When a car is leased at the end of the lease is a residual. This is the difference between what the car cost new and what was paid in the lease. Did you buy the car from the person who leased the car? Did they pay off the lease with the money you paid them? If not, there is a problem. A car with a lease is NOT owned by the person who leased it so that means the bank owns the car and has the pink slip. You have to get the pink slip from the bank. Actually, the person who sold you the car may have illegally sold the car. It would be like someone renting a house and then selling it. Check with the bank that holds the pink slip.
Is it more cost effective to lease or buy a new car?
It is more effective to buy. If you lease, then you will be paying for the car for a number of years, but will be obligated to either buy the car or get a new one, but all money paid into the lease will be lost. When buying, you have documented ownership.
When leasing a new car if husbands name is only on the lease is the wife owner also?
When you lease a car, you do not own it. A lease is basically a long term rental agreement. If your name is not on the registration, you have no legal attachment to the car.
How does car lease take over work?
A car lease takeover is when a person takes responsibility of payments on lease for another person. To execute a lease takeover, the new lessee must fill out a credit application and be approved.
What companies specialize in providing car lease deals?
Companies that specialize in providing car lease deals include your local car dealership. Many car dealerships will often offer deals and promotions in order to attract new customers to lease vehicles.
Where can one go to auto lease a vehicle?
You can lease a car from most dealerships. You can only lease new vehicles and not every vehicle is available to be leased. To lease a car you simply make a small down payment. Usually less than 20% of the cars value. Then you make monthly payments for the rest of the lease. When the lease expires you have to return the car.
What happens if you trade in early A lease?
Getting Out of Your Car LeaseTrading in a car lease prior to the lease termination date is often a costly and credit damaging act. For many lease companies, they treat this as a "voluntary repossession" harming your credit and will charge an early termination fee, often being a few thousand dollars.A better route to take to get out of your lease is called a "lease assumption". In a lease assumption, a lease seller (the original lessee) transfers the vehicle and lease responsibility to a lease buyer (the new lessee). Once the lease assumption is complete, the buyer will make the remaining lease payments until the lease end date.With a lease assumption, the lease seller (original lessee) gets out of their lease without further financial responsibility saving them money. In addition, the lease company looks at this as a fulfillment of their credit obligation earning a positive mark on their credit history.For the lease buyer, they are often getting into a lease with no money down. In addition, monthly payments are often subsidized by a seller cash incentive offered by the seller, thus lowering the effective monthly payment for the lease buyer.Their are a few online marketplaces that specialize in matching lease sellers with lease buyers. The market leader, LeaseTrade.com, offers an easy to use marketplace with the highest success rates in the industry. If you are looking to get out of your lease early, they may be worth a look.
