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What is the early termination formula for a car lease?

Most leasing companies calculate early termination costs as: remaining payments owed, plus the difference between the car's current market value and the residual value (if the car is worth less), plus an early termination fee (typically $200 to $500), minus your security deposit if you paid one. The exact formula is in your lease contract under the early termination section. It is worth reading before making any decisions.

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I had an amazing experience working with Mark Viegas! He helped me get a leased vehicle without ever having to step foot in a dealership. Mark handled all the negotiations, worked within my down payment and monthly budget, and made the entire process stress-free. The best part — he even had the car delivered right to my home! I couldn’t be happier with how smooth and easy everything was. Highly recommend Mark if you want a professional who truly takes care of everything from start to finish.

I had an amazing experience working with Mark Viegas! He helped me get a leased vehicle without ever having to step foot in a dealership. Mark handled all the negotiations, worked within my down payment and monthly budget, and made the entire process stress-free. The best part — he even had the car delivered right to my home! I couldn’t be happier with how smooth and easy everything was. Highly recommend Mark if you want a professional who truly takes care of everything from start to finish.

Jessica

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After 30 years of car buying this has been the best experience I’ve had. Sean has been helpful, resourceful and easy to work with. I’ll never go back to the archaic dealership process again.

After 30 years of car buying this has been the best experience I’ve had. Sean has been helpful, resourceful and easy to work with. I’ll never go back to the archaic dealership process again.

Jeremy Scheinker

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David made a seamless transaction without the hassle of going to the dealer. Located the truck I wanted and delivered it on time. Signed the paperwork which took 5 minutes and the professionism was top notch. It's rare these days that you get someone who's responsive and didn't put you through an automated response. Answered all my questions promptly and made sure I received the truck I was looking for.....Was a pleasure!

David made a seamless transaction without the hassle of going to the dealer. Located the truck I wanted and delivered it on time. Signed the paperwork which took 5 minutes and the professionism was top notch. It's rare these days that you get someone who's responsive and didn't put you through an automated response. Answered all my questions promptly and made sure I received the truck I was looking for.....Was a pleasure!

Brian Lopazanski

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Excellent to work with. Super easy to work with. The staff is great. Dave Alesso was excellent in helping what I was looking for. He sent Nikko to give me the car and he was so helpful showing me the car details. I would highly recommend them to anyone.

Excellent to work with. Super easy to work with. The staff is great. Dave Alesso was excellent in helping what I was looking for. He sent Nikko to give me the car and he was so helpful showing me the car details. I would highly recommend them to anyone.

Rebecca Perez

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Easy to work with, responsive and made the whole experience worthwhile. I would recommend to anyone to go through Mark and the Vantage team

Easy to work with, responsive and made the whole experience worthwhile. I would recommend to anyone to go through Mark and the Vantage team

Brian Dorney

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I had a great experience working with Elka from Vantage Auto Group. She made the entire car-buying process easy and stress-free. She found the exact vehicle I wanted at a price that beat all the local dealers. When an issue came up with the initial car (on the dealer’s end), she didn’t push it, she pivoted quickly and found me a better option. The car was delivered right to my door, and the paperwork was simple and smooth. Highly recommend Elka if you want someone who truly has your best interests in mind!
I had a great experience working with Elka from Vantage Auto Group. She made the entire car-buying process easy and stress-free. She found the exact vehicle I wanted at a price that beat all the local dealers. When an issue came up with the initial car (on the dealer’s end), she didn’t push it, she pivoted quickly and found me a better option. The car was delivered right to my door, and the paperwork was simple and smooth. Highly recommend Elka if you want someone who truly has your best interests in mind!

Douglas McGreal

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David & Tommy made getting a new vehicle for my wife very easy and simple. Great customer service and they deliver the car right to your house. Great Experience and I highly recommend Vantage Auto Group.

David & Tommy made getting a new vehicle for my wife very easy and simple. Great customer service and they deliver the car right to your house. Great Experience and I highly recommend Vantage Auto Group.

Steve Barrios

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From start to finish, my experience was amazing. From first inquiring about cars and explaining the price range I wanted to stay within, everything was smooth, easy, and completely hassle-free. David was great throughout the entire process — knowledgeable, patient, and genuinely helpful without making me feel pressured. He made getting a car honestly one of the best experiences I’ve had. I truly appreciated how simple and stress-free he made everything. Highly recommend working with David if you’re looking for a great car-buying experience!
From start to finish, my experience was amazing. From first inquiring about cars and explaining the price range I wanted to stay within, everything was smooth, easy, and completely hassle-free. David was great throughout the entire process — knowledgeable, patient, and genuinely helpful without making me feel pressured. He made getting a car honestly one of the best experiences I’ve had. I truly appreciated how simple and stress-free he made everything. Highly recommend working with David if you’re looking for a great car-buying experience!

Karlee Torres

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Great customer service! Dave was very responsive and worked hard to find the car we were looking for. His pricing was unbeatable and the vehicle was delivered right to our driveway. There was a small issue with the vehicle from the manufacturer, but Dave and his team have been working hard to rectify it. Goes to show their service doesn’t disappear after delivery, and are committed to developing relationships and making longterm customers.

Great customer service! Dave was very responsive and worked hard to find the car we were looking for. His pricing was unbeatable and the vehicle was delivered right to our driveway. There was a small issue with the vehicle from the manufacturer, but Dave and his team have been working hard to rectify it. Goes to show their service doesn’t disappear after delivery, and are committed to developing relationships and making longterm customers.

Eric A

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