Overhaulin'

Can I break my lease to buy the car instead?

I have a 4 year lease on a Honda CR-V. Could I break the lease halfway through and just buy the car instead of continuing to lease it? What would it cost to do this?

Public Comments

1. Read your contract. Yes, that one you signed. It's spelled out there.
2. talk to the people you have your lease through,they'll give you the payoff amount
3. Why would you want to do that? Ending a lease early is very expensive. And even if it cost you nothing, getting a loan to replace the lease would cause you to end up with higher monthly payments. You should stick out the lease and enjoy the low monthly payments. then at the end of the lease, your can buy the car for the price in your lease contract, or you can return it and get another car. If you really need to end your lease early, here is an article with some tips and advice: http://www.leaseguide.com/Articles/terminate.htm