Can you pay off a car lease early?
Yes, it is possible to pay off your car lease early. It's important to note, however, that depending on the lease agreement, there may be a charge associated with paying off the lease early. This fee is known as an "early termination fee" or "prepayment penalty." Early termination fees can vary from a flat fee to a percentage of the remaining lease payments. It's crucial to review your lease contract to understand the terms and conditions related to early lease payoff, including any applicable fees or penalties.