As soon as a car is driven off the lot it begins to lose value and the leasing company does not make money if you return the car early. Essentially, leasing a car allows a company to make money off of the car twice; once when leasing and then again when they sell it.
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Naturally other cars provide lower monthly payments as well, luxury may not be what drives you, it may be necessity and therefore you sign a car lease agreement for a Caravan or a Ford Focus.
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An auto lease is for a set period of time, usually two to five years and getting out of the lease early will often generate hefty penalties and fees. An auto lease assumption will allow the original lessee to get out of the lease while a new individual takes it over through the end of the lease.
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