Exit Your Lease 

Sometimes the vehicle that we lease does not measure up to the expectations that we have placed upon it. At Presidential Auto Leasing exiting your lease is easy and quick with little to no termination fees. There are many reasons that you may want to exit your lease including:

• Price. When entering a lease, most of the time, you are financially capable of paying your lease. However, sometimes there are situations when people can no longer keep up with payments and would like to exit out of their lease.
• Dissatisfaction. When picking a car, you may have not done all the appropriate research, changed your lifestyle, or just in general changed your mind regarding its style. After a period of time, you might have realized that the vehicle you’re driving isn’t the right fit for you and would like to switch it.
• New features. Every year there are upgrades to new makes and models of a vehicle. You may have an older vehicle that doesn’t carry the upgrades that you require. It’s a completely valid reason and if it leads to your dissatisfaction – exiting your lease would be a logical step.

Early Termination Fees 

When exiting your lease there may be penalties involved however at Presidential Auto Leasing, we will try to minimize these penalties as best we can. The most efficient way to avoid such penalties would be by turning in your vehicle as close as possible to the termination date. However, if you choose to terminate your lease earlier than the termination date then you might have to pay some or all of the following fees:

• Early termination fee
• Residual payment on your lease
• Transportation and/or storage fees
• Cost of preparing for the vehicle for another lease

Buy, Then Sell

These fees that come along with an early lease exit may come off as daunting. If you would like to avoid some of these early exit fees, then you could buy the car outright. By buying the car point blank you could resell it and possibly make profit. In order for you to buy the car you would have to pay off the remainder of your lease term and deduct that from the balance of the value of the vehicle, and then pay that off. After that you are free to resell it!

How to save dollars by avoiding standard trade-in methods?

• Exit your car lease agreement early and save 1,000+ dollars
• Exit your car lease agreement and protect your credit history
• Exit your car lease agreement even if you passed only six months of your auto leasing contract
• Exit your car lease agreement via approved auto leasing methods
• Talk to our Consultant: (718) 313-0044

NEW YORK • NEW JERSEY • CONNECTICUT • PENNSYLVANIA