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From my understanding the only way to break a lease is to pay it off or stop paying. The latter suggestion obviously has detrimental effects on your credit. The best way to "break" a lease is to pay whatever payments are left on the lease. Financially this might be a real good idea. If you are still under the mileage for the lease and it is cheaper to pay the remainder of your lease payments, rather than pay the mileage penalty.

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15y ago

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Related Questions

How do you find out what it would cost you to buy out your auto lease?

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Are you leasing a car or buying it? Private fleet is one of the renowned car buying service providers in Australia and could prove very handy in your decision making. Buying a car on lease is an old practice. Novated leasing is getting extremely popular these days with more and more Australians taking car on novated lease. Novated Lease is equally beneficial to the employer, employee and the auto company. It is 3 way agreements between the employer, auto finance company and the employee that allows employers to provide company car to its employees at a very little cost to the company and flexibility to both the parties.


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what will happen now since the auto finance went out of business I just lost my job what do I do


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