Shawn Ryder

JANUARY 23, 2025

We will also highlight the importance of fully understanding leasing terms, ensuring you make an informed decision. Check out our article on effective price negotiation strategies for tips on how to negotiate favorable terms. Before signing your lease, clarify the terms surrounding the early termination fee.

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Early Termination Fees Termination Fee Mileage Limit Finance 52

Shawn Ryder

JANUARY 19, 2025

At the end of the lease term, individuals commonly have the option to buy the car at its depreciated value or return it to the dealership. Most leases include an early termination fee, which could be a flat fee or calculated based on the remaining payments on the lease.

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Car Examer

DECEMBER 3, 2024

This can result in agreements that cost you more than you expected or leave you stuck with terms you didn’t fully understand. Vague or Misleading Terms: Key details like balloon payments, mileage limits, or early termination fees aren’t explained properly. The result? How Big Is the Problem?

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Finance Balloon Payment Early Termination Fees Termination Fee 59