Is there a way to get out of a lease?
I have 2018 Honda vehicle. My lease will be up in Jan 2020 is there anyway I can get out of my lease early or find a loophole in the contract?
We don't have the contract. I would think there's a cancellation provision in it with all penalties listed.
Lawyer's write these things. What kind of loophole do you think they've missed? Previous poster is right, I suspect there's a clause for terminating ones lease. Otherwise tough it out.
Do you really think that a billion dollar company like Honda with teams of attorneys left some accidental "loophole" in their lease contract so that you an just back out without consequence?
You get out of it by returning the vehicle to the dealership and paying what you owe them based on the contract you signed, or by paying the monthly payments until the end of the contract.
You can find a loophole by reading it (you won't find one).
Did you read your lease to see what it says if anything about cancellation? If you're looking for a penalty-free way out, no, there isn't one.
Lease in haste, repay at your leisure. You have two years to carefully study your lease contract to see if you can discover a loop-hole. I doubt very much that you will find one, there's going to be a lawyer at the lease company out of work if you do.
Yes, the loophole is called laying down the cash for the early lease termination fee.
There's no loophole that's going to let you out of your lease contract. The lease should contain an early termination clause. I suggest you read it carefully.
You can try to get someone to take over the lease. Visit these sites: www.swapalease.com and www.leasetrader.com. You list your vehicle. If someone takes over the lease, you pay a fee. I think it is about $600.
Patience, little one. You have only 13 months to go.
It's either that or you write them a very large check for an early-termination fee.
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