Exit Your Lease Early

Lease payment is too high

If your payment is too high (compared to other comparable leases in the market) you can “buy down” the effective payment to a potential lease buyer by offering to put cash into your deal.  It is not uncommon for a lease seller to offer a few months payments in cash upon transfer of the lease to “sweeten” the deal for a potential buyer. 

Another powerful and popular tactic is to reduce the monthly payment by offering a sum total of money and calculating the “savings” across each monthly payment.  For example, if you have 12 months left on your lease, and your actual payment is $300, you could offer $1200 cash into the deal to bring the “effective monthly payment” down to $200.  While the buyer will still have to make the original payment of $300, you can still market the vehicle as having a lower “effective” payment, which tends to resonate very well with prospective buyers.

Reducing your effective monthly payment is one of the fastest ways to get new buyers interested in your vehicle.