Jun 24 2009

Dealer Tricks: Early Lease Termination

Published by Dealer Fraud at 10:17 pm under General Articles

Many consumers become the victim of this dealer fraud, because car dealers know that most of the consumers are happy with just knowing they can get out of their lease early and not suffer the penalty. However the truth is many of our choices have consequences. Thus, when you sign a car lease agreement you are simply locked in. Of course you can terminate the lease early, but whenever the lease is terminated you will suffer heavy consequences.

The best way to avoid getting scammed by the dealership and being on the short end of the stick, learn all you can about leasing before you sign any agreement or even go to a dealership. Remember that the dealer makes profit form a lease or a sale of the vehicle, so they will tell you what you want to hear just to get you into the deal. Always ask questions to the dealer. Never sign anything until you understand everything, especially figure out how the dealer came up with those numbers and most definitely ask them to show you how they got there. Never sign the agreement because the dealer is putting pressure on you. Take some time to think it over and get more information before making any decision.

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