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

242,445

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

1 of 1 people found this helpful.
17,075

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 of 1 people found this helpful.
80

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

Camry

Looking for a Used Camry in your area?

CarGurus has 91,070 nationwide Camry listings starting at $1,222.

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 12,760
#2 Tom Demyan
Tom Demyan
Reputation 4,490
#3 tenspeed
tenspeed
Reputation 2,970
View All

Related Models For Sale

Used Honda Accord
1,012 Great Deals out of 76,982 listings starting at $999
Used Toyota Corolla
932 Great Deals out of 70,283 listings starting at $1,500
Used Honda Civic
850 Great Deals out of 88,873 listings starting at $1,299
Used Nissan Altima
1,234 Great Deals out of 79,839 listings starting at $1,500
Used Toyota Avalon
225 Great Deals out of 12,921 listings starting at $1,895
Used Toyota RAV4
902 Great Deals out of 67,057 listings starting at $1,990
Used Hyundai Sonata
890 Great Deals out of 46,337 listings starting at $1,000
Used Toyota Highlander
387 Great Deals out of 26,604 listings starting at $2,495
Used Nissan Maxima
324 Great Deals out of 24,978 listings starting at $999
Used Honda CR-V
984 Great Deals out of 60,437 listings starting at $1,295
Used Ford Fusion
1,212 Great Deals out of 79,365 listings starting at $1,550
Used Chevrolet Malibu
1,048 Great Deals out of 78,599 listings starting at $1,500
Used Toyota 4Runner
267 Great Deals out of 19,070 listings starting at $2,695
Used Toyota Prius
237 Great Deals out of 17,419 listings starting at $1,800
Used Toyota Tacoma
501 Great Deals out of 42,074 listings starting at $1,995

Used Cars For Sale

2018 Toyota Camry SE For Sale
14 listings starting at $25,211
2017 Toyota Camry SE For Sale
16 Great Deals out of 21,904 listings starting at $14,989
2016 Toyota Camry SE For Sale
6 Great Deals out of 113 listings starting at $12,958
2015 Toyota Camry SE For Sale
54 Great Deals out of 2,151 listings starting at $11,695
2014 Toyota Camry SE For Sale
133 Great Deals out of 3,435 listings starting at $9,495

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.