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Getting out of a car lease

For anyone who has ever leased a car (rather than paying cash or taking out a loan), you know it can be costly to break the lease. It's basically a long-term contract, so breaking it can mean big termination fees, kind of like withcell phone contracts.

But you have some options to avoid all those costly fees - bankrate.com has a nice article about a service that tries to hook you up with other car buyers willing to take over your lease. (BTW, we've talked about similar services for getting out of your wireless phone contract.)

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Posted by Travis on December 28, 2007 5:21 pm :: Comments (0) :: Permalink

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