Cancelling a Car Lease

Rain_Shadow

zeon999 wrote: »

Oops sorry yeah would help if I put the right figure.

Easily done

Best to just ring the finance company and ask for an early settlement figure

zeon999

albionrovers wrote: »

Quite, but in my experience 50% is an incorrect assumption anyway.

I would say 50% of the outstanding rentals is a good general rule considering I used to work for a car leasing broker same place my mate Dean still works and this was a very common question that was asked and answered.

But it does vary to be fair so only way to be sure is to ask the company your using.

DaniP

I agree with everyone else, obviously you have to pay a settlement figure and all I know is, its very expensive! My husband tried to do it recently and didnt bother cos it was too expensive! Eventhough every finance companies figures will be slightly different they are all going to be pretty much the same, youre not going to find one where you can hand the vehicle back for nothing.

Yes, if you do miss payments, they will reposess it and you wont beable to get finance in future.

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