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-   -   Auto leasing (https://www.askmehelpdesk.com/showthread.php?t=27725)

  • Jun 13, 2006, 01:39 AM
    rhojax
    Auto leasing
    I have a 4 year lease on a 2005 VW Bug, which began in March, 2005. I am allowed 10,000 miles per year on the lease. Vehicle has 10,800 miles currently. I want to get out of the lease now, as I do not need 3 vehicles any more. Short of trading the vehicle in on another one, how do I get out of the lease?
  • Jun 15, 2006, 04:08 AM
    RickJ
    If they will permit it, you can sell it and have the buyer assume the lease.

    Also, your lease probably has a payoff amount to buy it... so you could sell it for that amount.

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