How to End a Car Lease Early

Transfer the Lease

Depending on the terms of your lease contract, it may be possible to transfer your lease to another interested driver. A few websites are available to help you find other people looking for leases. You'll want to review your lease in full to verify any lease transfer limitations and any fees that are involved.

Additionally, you should check the various transfer terms that may be in your contract. You could be held accountable for missed payments or vehicle damage because you're the original lessee. You'll want to make sure you're fully aware of your obligations before giving your lease to another driver.

Lease a Different Vehicle

If you want to return your leased vehicle because you're not enjoying the features or performance, you have the opportunity to lease a different one that better accommodates your needs. 

You can browse our inventory selections to see if another model seems more suited to your style. You can also check out our lease specials to see what is available. Then, our finance professionals can work with you to outline the terms of your new lease and how you can pay off the costs of your old one.

Buy the Vehicle

Another way to end your lease is to buy the vehicle. You should be able to learn about lease buyout options by contacting the leasing company you used.

After learning that information, you can decide if you'd like to purchase it in full or take out another financing plan to continue making payments, this time on the path to ownership.

Once you own the vehicle, you're free to do what you want. You can sell it back to the dealership or through a private sale to make some extra cash.

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Return the Vehicle

If the above options don't seem right for you and you simply no longer want the vehicle you've leased, you can return it to us. Our finance team will assist you in understanding the early return fees. You can also locate this information in your lease contract.

End a Car Lease Today

Our finance team is ready to work with all drivers throughout Rochester Hills, Oakland Township, and Sterling Heights, MI, who need to end their car lease early. Although you may not have anticipated ending your lease early, our team considers these sorts of scenarios and can help you navigate it.

Whether you want to buy out your lease, transfer it, or return it completely, you can work with our team at BMW of Rochester Hills. Contact our finance team today if you'd like to end your car lease early. We'll be happy to help!