Exit Your Lease Early
Refinance your lease
Refinancing your lease can solve multiple problems. If you are leasing with a company that does not allow lease transfers, refinancing can create a new lease with a company who will allow you to transfer your lease (beware: there may be other restrictions with a new company including a time period where you cannot transfer the lease).
Refinancing is also a way to lower your payments by re-adjusting your lease term to a longer term. When you extend the term of your lease you often stretch out the depreciation of the vehicle which then lowers your monthly payment.
To refinance your lease, contact a leasing company directly and let them know you would like to initiate a refinance on your lease with that organization. We have found this to be easiest with independent leasing companies (leasing companies not owned by car manufacturers) as they are more likely to handle these transactions.
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