Can I turn in my leased car for another car?

Most lease contracts allow you to transfer the remainder of the lease period to another person, says Scot Hall, executive vice president of Swapalease, a lease-trading site. Swapalease and its competitor, LeaseTrader, help you find someone who needs a car and can assume the remaining payments.

What happens if I turn my leased car in late?

At the end of a lease, you’ll be responsible for paying a disposition fee. Another expense to keep in mind is a late fee. The reason for this charge is self-explanatory: If you don’t return the vehicle by the lease expiration date, you could get hit with this penalty.

Can you lemon a lease car?

Leased lemons in California As a rule, the California lemon law also protects leased car owners. The key issue is whether your leased car has the manufacturer’s express written warranty in effect. If the warranty has expired, the lemon law will not work for you.

What if I don’t use all the miles on my lease?

Mileage overage Under-mileage: If your estimated mileage will be under your allowance, you can just return the vehicle at the end of the lease. If you purchased additional mileage (but didn’t use it), this is often refundable, but there is no credit for being under the mileage in the lease contract.

Is there a grace period to return a leased car?

California law does not provide for a “cooling off” or other cancellation period for vehicle leases. Therefore, you cannot later cancel this lease simply because you change your mind, decided the vehicle costs too much, or wish you had acquired a different vehicle.

What is the grace period for a car lease?

It is commonly thought that there is a 3-day rule or 72 hour law that applies. Unfortunately, there is no grace period or cooling off period for automobile purchases or leases, unless such a right is specifically given to a customer in writing.

Can I return a leased car if it has problems?

If the lease company accepts it, you can return the car for a refund of your leasing costs, repair costs and any car rental charges you incurred relating to issues with the leased car. The lease company may choose to reject your claim.

What qualifies a car as a lemon?

What Qualifies as a Lemon? Under the law of most states, for a vehicle to be considered a lemon, the car must 1) have a “substantial defect,” covered by warranty, that occurs within a certain time after purchase, and 2) continue to have the defect after a “reasonable number” of repair attempts.