How Do I Get Out of My Car Lease Payment?

March 3, 2010 · Filed Under Automotive · Comments Off 

When you initially signed the lease agreement you were signing a contract with the manufacturer that you agreed to lease the vehicle for a set period of time, for a set payment and set amount of KMS. It is a contract and because of that, you are on the hook based on the parameters of that lease agreement.

So, what do you do if your circumstances have changed and you can’t afford to make the payments, but having them repo the car is not an option. Or, your needs have changed and the car that you have isn’t going to meet your needs. How are you able to get out of this agreement without jeopardizing your credit or being stuck with a vehicle that isn’t working for you? Read more