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Early termination of Honda lease
Hi,
I'm 2 months into my lease of a Honda Accord 2016. There is a good chance that in the fall I will be moving to a city where I won't need a car. How much will I have to pay to get out of the lease?
The contract is somewhat vague -- it says
any monthly payments already due and unpaid and "any other amounts owed arising from my failure to keep promises under this Lease"
Does the last part mean I will have to pay all the remaining payments to get out of the lease?
I'm 2 months into my lease of a Honda Accord 2016. There is a good chance that in the fall I will be moving to a city where I won't need a car. How much will I have to pay to get out of the lease?
The contract is somewhat vague -- it says
any monthly payments already due and unpaid and "any other amounts owed arising from my failure to keep promises under this Lease"
Does the last part mean I will have to pay all the remaining payments to get out of the lease?
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Comments
Fall is a long way off. Too early to worry about it now. Just keep in mind that the cheapest option may be to keep the car and keep making payments.
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I would just relax for the time being as things could change before fall arrives.
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