If you do, the dealer or broker will stop the financing for you if it is only to return the vehicle to the leasing company. Or they pay the leasing company the early termination and the purchase figure so they can then sell it to someone else. Thank you very much for your question. First of all, we are not legal experts and you should have legal advice on this issue. However, if we were, we would go directly to the Finance House to tell them that you would like to file a complaint against your broker because you misinformed the financial house about your personal circumstances, which you did not know about until the end of the agreement. It is your belief that your broker has mis-sold the product and that is why the product is not suitable for your needs and you want to return the vehicle, terminate the financing contract and be put back in your original position. If you change your mind before your car is delivered, there are things that could happen. There are different phases where you can change your mind. According to DMV.org, penalties for early termination of a car rental contract include some or all of the following payments: Leasing-ahead: Some dealers offer these incentive programs that allow you to skip your last three payments if you immediately rent another vehicle. These offers are not available throughout the year or on any car manufacturer, but if you can find one, it`s a good way to jump into a rental contract that better suits your lifestyle. It`s also a good way to avoid a penalty for exceeding your mileage surcharge if you reach your limit early.
Once you have agreed on a contract, you must sign up for your new lease. Make sure that the order for your new vehicle contains a declaration guaranteeing that the dealer will pay the early termination amount of the old lease you wish to change. Also receive these promises regarding the payment of your old rent in writing, only if the car dealership does not pay the old lease on time and you are faced with a late fee assessed by the leasing company. Is it possible to encourage the financial company to reconsider its measures? Can I enter into an HP agreement with another financial company? The important thing is that you don`t think it`s going to cost a fortune. It depends entirely on the vehicle and the lease. And we understand that sometimes you change your mind about things, even your lease. But what happens if you change your mind about your lease? Maybe you want to keep your car rented if only your monthly payment was lower.