Newark, NJ asked in Banking, Business Law, Contracts and Consumer Law for New Jersey

Q: Can you break a lease at anytime to finance the car?

The car that i own now is damaged and the dealership is offering me 2000 for it. I tried to trade it in but they said the only way out of the car is if i lease another car from them. I was wondering if i lease a brand new car from them would i be able to break the lease after a month and just finance the car through my credit union?

1 Lawyer Answer
Leonard R. Boyer
Leonard R. Boyer
  • Business Law Lawyer
  • Clifton, NJ
  • Licensed in New Jersey

A: Not without significant legal and financial consequences.

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