Best way to get out of a leased car?

Asked by Sep 22, 2016 at 11:44 AM about the 2015 Toyota Camry SE

Question type: Shopping & Pricing

I am leasing a 2015 Toyota Camry SE, and want to get out of the lease.  What
is the best way to go through with this?  Can I trade it in at a dealership?  

4 Answers

232,995

http://www.realcartips.com/leasing/0437-how-to-get-out-of-lease- early.shtml

1 out of 1 people think this is helpful.
15,265

Negotiate a bring back for any reason & stop lease at the time of lease signing and you will not ever have to worry about it. Yes this is a option they may or may not tell you about and I have told family about it yes it has worked every time.

1 out of 1 people think this is helpful.
50

Find the largest rebate and dealer rebate (you will have to look for this most dealers won't tell you about the "dealer cash"). Let the free money eat up your bad situation.

130

You can try to trade it but the harsh reality is that Camrys are breeding on dealer's lots which pushes down the resale value of used ones considerably, ergo unless you put a ton of cash down you likely owe far more on the lease than what the car is worth. Negative equity is a harsh mistress and the only two ways to deal with it are to write a big check or roll it into another vehicle which means that you are REALLY REALLY REALLY upside- down on that car. Actually there is a third way, turn the car back in early but that will show up as a voluntary repo and you will have to pay the deficiency balance when all is said and done. My best advice is to learn to love again and drive the Camry until the end of the lease which hopefully wasn't written for a term longer than three years. It is a good car and you could have done a lot worse.

Your Answer

Add photo

Related Questions

  • i drive a leased car, should i return it or keep it and finish payments 2 answers

    i drive a leased car, should i return it or keep it and finish payments

    2011 Toyota Camry LE

    -

    Shopping & Pricing

  • Should I consider this car or not 5 answers

    I am looking for used car and dealer provides around $6,000 discount for 2014 Toyota camry and it way below KBB value. Should I consider this car? appreciated your help on this. They are just quoting ...

    2014 Toyota Camry XLE

    -

    Shopping & Pricing

  • how can i buy this car 1 answer

    how can i buy this car within the next month for as low as $2000

    2001 Toyota Camry LE

    -

    Shopping & Pricing

  • Car people 1 answer

    Does any of these cars have warranty on them ??

    2014 Toyota Camry Hybrid LE

    -

    Shopping & Pricing

  • Is "D" or "4" the best for in town driving? 3 answers

    I need to know if I should put the car in "D" or "4" for in town (35 -55) driving for the best gas mileage?

    2008 Toyota Camry

    -

    General

Camry

Looking for a Used Camry in your area?

CarGurus has 90,973 nationwide Camry listings starting at $249.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Search Toyota Camry Questions

Toyota Camry Experts

#1 Reelin68
Reelin68
Reputation 12,130
#2 Tom Demyan
Tom Demyan
Reputation 4,260
#3 tenspeed
tenspeed
Reputation 2,930
View All

Related Models For Sale

Used Honda Accord
788 Great Deals out of 88,193 listings starting at $1,150
Used Toyota Corolla
713 Great Deals out of 73,207 listings starting at $1,950
Used Honda Civic
515 Great Deals out of 89,847 listings starting at $1,299
Used Nissan Altima
877 Great Deals out of 80,282 listings starting at $1,800
Used Toyota Avalon
210 Great Deals out of 13,784 listings starting at $1,250
Used Toyota RAV4
664 Great Deals out of 70,684 listings starting at $2,350
Used Hyundai Sonata
606 Great Deals out of 52,338 listings starting at $1,495
Used Toyota Highlander
344 Great Deals out of 25,908 listings starting at $2,900
Used Nissan Maxima
290 Great Deals out of 26,473 listings starting at $1,300
Used Honda CR-V
833 Great Deals out of 60,382 listings starting at $900
Used Toyota Prius
164 Great Deals out of 17,164 listings starting at $1,200
Used Ford Fusion
1,054 Great Deals out of 85,329 listings starting at $1,900
Used Chevrolet Malibu
875 Great Deals out of 81,397 listings starting at $995
Used Toyota 4Runner
283 Great Deals out of 20,880 listings starting at $1,995
Used Toyota Tacoma
522 Great Deals out of 39,893 listings starting at $1,995

Used Cars For Sale

2017 Toyota Camry SE For Sale
22 Great Deals out of 21,238 listings starting at $15,994
2016 Toyota Camry SE For Sale
44 listings starting at $12,685
2015 Toyota Camry SE For Sale
30 Great Deals out of 2,417 listings starting at $11,900
2014 Toyota Camry SE For Sale
72 Great Deals out of 3,207 listings starting at $9,890