if you lease a car and dont want to keep it after a few month can you turn it in if the lease is not up

diana tremble | Aug 26, 2020 | Category: Auto parts store

PARTS DEPARTMENT - Continental Subaru - All questions

Address: 4900 Old Seward Hwy, Anchorage, AK 99503, USA

PARTS DEPARTMENT - Continental Subaru | Aug 26, 2020

The lease will stipulate the terms and fees to be released from a lease. Essentially it will work like a trade—the value of the car is assessed, the fees and depreciation are calculated. A lease will often have some negative equity that will be owed or rolled into another purchase if financing can be arranged. You didn't specifically say it was a Subaru but if it is, come in and see us. We can get you accurate numbers so you'll be able to make an informed decision that works for you.

Timothy Hall | Aug 26, 2020

I believe there will be a fee for that. Usually a signed lease is like a contract for 1-3 years depending on the dealer though.

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