Review Your Contract

• Before contacting a dealership or your finance company, check the original lease contact. You will likely find the only statement made about early termination is that ending the lease before the scheduled date could be very expensive, resulting in significant charges from the finance company. Lease contracts are not required to disclose any financial specifics regarding early termination.
  
  At minimum, you will be required to pay the total of the remaining payments on the lease. If your lease has 20 months remaining at $400 per month, your total obligation will be $8,000 plus any excess wear and tear charges and bank fees due at the end of the lease. If you are in a bad car lease, you cannot simply trade your vehicle in as a customer who owns their vehicle could.
  
  

Research Manufacturer Pull-Ahead Programs

• Auto manufacturers occasionally offer pull-ahead and loyalty programs that forgive a certain number of remaining lease payments. If you are in a bad car lease, these programs can be a welcome gift that could pay for thousands of dollars in remaining payments. When your lease is close to maturity, the manufacturer may send you information on these offers, but you will have to contact dealerships to get information on these offers if your lease does not mature for some time. Combining the loyalty and pull-ahead programs can offset some of the early termination balance on your current lease.
  
  

Find Someone to Assume the Lease

• If a payment is too high for you to afford or the leased vehicle no longer fits your needs, you can use a service like Swapalease.com to find prospects from around the country who are interested in assuming your lease. With lease prices continually rising, more shoppers are looking for the financial benefit offered by assuming someone else's lease. When offering your vehicle on this site, you may provide a financial incentive to lure buyers to your car. Remember that your lender may charge a fee to reassign the lease to another driver. Finding someone else to assume your lease is a quick solution, and you may also use Swapalease.com to find a new vehicle that fits your personal needs.