Ending Audi lease early is the termination of a lease before
its maturity date. There are many situations in which the
lessee cannot wait until the end of the lease to dispose of
the leased vehicle. There are limited options, though, in
breaking a lease contract early.
The first option is to simply turn the vehicle back in
early to the dealership. This option is expensive because
the lessee is financially responsible for all remaining
payments in addition to any penalties assessed for turning
in the vehicle early, which could add up to thousands of
dollars
The second option is the transfer the remaining monthly
payments into a new lease, but this is also expensive. The
lessee is still financially responsible for the old payments,
as well as the new payments.
The third option is voluntary repossession. The lessee
simply requests that the lessor pick up the vehicle prematurely.
This is a form of repossession and it can damage the lessee's
credit.
The final option is lease assumption at www.leasetrader.com.
Lease assumption allows a lessee to break his/her lease
early without suffering any of the penalties associated
with ending Audi lease
early.
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