getting unleased (update for anyone that cares)

one more cast

Captain
Joined
May 6, 2002
Messages
3,143
Is it possible to get out of a vehicle lease after one year on a four year lease? A couple we know ask and I told them that my iboats buddies would know. ps, It is a Ford lease.
 

tcube

Petty Officer 1st Class
Joined
Jun 18, 2001
Messages
397
Re: getting unleased (update for anyone that cares)

OMC,<br /><br />According to Ford's lease FAQs,
You may terminate your lease early by following the instructions contained in the "Voluntary Early Termination" section of your lease agreement.
Your friend needs to check out that section for the straight skinny.
 

Limited-Time

Vice Admiral
Joined
Mar 30, 2005
Messages
5,820
Re: getting unleased (update for anyone that cares)

Yah..............but it's gonna cost them :eek: :eek: :( . Have them review thier lease, then talk to the dealer they leased from. They should get the best results dealing directly with the orginal leasing company. Good luck to them.
 

aspeck

Moderator
Staff member
Joined
May 29, 2003
Messages
18,861
Re: getting unleased (update for anyone that cares)

It will be expensive, but it can be done, basically your are purchasing the car at the contract price and then selling it back to the credit company.
 

one more cast

Captain
Joined
May 6, 2002
Messages
3,143
Re: getting unleased (update for anyone that cares)

They ended up buying out their two vehicles and then swapping them in on cheaper ones....lost a bunch just like aspeck said.
 
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