Hello everyone. Unfortunately, in late 2016, i felt it would be a good idea to lease a 2017 Ford explorer. Since then i have found this and other finance blogs and have finally seen the light. Im thinking about trying to get out of my lease early. Was wondering if anyone reading this has any knowledge on car leases or could give me any advice on how to go about it or if i should just wait it out until the lease is up and chalk it up to a learning experience. From what i read the best two ways to get out of a lease early without paying huge fee's is to use a site like lease swap or to just buy it outright and then sell it.
about the lease.
start date: Nov 2016
end date: Nov 2019
Progress: 61% finished paying on lease
Sticker price: $41,000ish
Current buy out price: $29,989
buy out at lease end: $23,352
monthly payment : $456 (14 payment left @ 456/month = $6,384)
Miles on car: 11,500
Condition= Excellent
I believe this is all the pertinent information. Any advice from people who found themselves in similar situations or with leasing knowledge would be greatly appreciated. Thanks