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2 min read Published June 22, 2022

The article was written by Josephine Nesbit Written by Josephine Nesbit is a former writer for Bankrate. Edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate since the end of 2021. They are committed to helping readers gain the confidence to control their finances by providing precise, well-researched and well-researched data that breaks down otherwise complicated subjects into digestible pieces. The Bankrate promises

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You have money questions. Bankrate has answers. Our experts have been helping you manage your money for over four years. We continually strive to provide consumers with the expert guidance and the tools necessary to succeed throughout life’s financial journey. Bankrate adheres to strict standards , so you can trust that our content is truthful and precise. Our award-winning editors, reporters and editors produce honest and reliable information to assist you in making the best financial choices. Our content produced by our editorial team is factual, objective and is not influenced through our sponsors. We’re open about how we are in a position to provide quality information, competitive rates and helpful tools to you , by describing how we earn money. is an independent, advertising-supported publisher and comparison service. We are compensated for the placement of sponsored products and, services, or through you clicking specific links on our website. Therefore, this compensation may impact how, where and in what order products appear within listing categories and categories, unless it is prohibited by law. This is the case for our credit, mortgage, and other home loan products. Other elements, like our own website rules and whether the product is offered in your area or at your self-selected credit score range may also influence the way and place products are listed on this website. While we strive to provide the most diverse selection of products, Bankrate does not include information about each credit or financial product or service. A car lease agreement is a legally binding agreement that entitles the lessee to the vehicle and you pay an agreed-upon monthly fee to use the vehicle. But what happens when some unforeseen circumstance prevents you from driving the car? There’s no way to guarantee that you can terminate a lease due to disability. But, there are options outside of giving the car back and paying hefty charges. Do I have the option of ending my lease early because of a disability? Disability does not immediately mean that you’re out of a car lease. The lease is between you and the lessor. To break the contract, both parties must agree to terminate the lease or prove that the contract permits the termination. A lease that is terminated due to disability can be expensive. There’s generally an early termination fee , and depending on the leaser and terms in the lease the lease may require you to pay the remaining installments on the lease. The earlier the lease ends the more expensive this fee may be. But you can also talk to your leaseholder and explain why you’re breaking a car lease for medical reasons. They may be able to work with you to find the best solution or give you more information about early termination rules. How to break an early car lease There are a few methods to terminate your lease to avoid penalties. When you’re trying to get out of your car lease, be prepared and consider your options. Check your contract. The best source of information on breaking a car lease early is the contract. The lease contract will include an agreement on the process for early termination as well as the fees associated with it. Based on the terms of the contract and your budget, these fees may be manageable for you. But double-check if your contract provides options to terminate a car lease for medical reasons, such as disability. This could be the transfer of a lease, a lease buyout or full end of the lease. If you are unable to get an exception, even when there aren’t any conditions within the agreement, check whether the leasing company is willing to assist. If you’re lucky, you’ll be able to prove your request with documentation such as a medical note stating that you’re unable to drive. If it turns out that early termination isn’t feasible or expensive it is possible to find an individual to take over the car lease. In certain instances when a family member takes over the lease, it can be done for a small fee. Swap your car lease Almost all lease agreements allow you to transfer your vehicle lease to another individual — provided the other party meets credit requirements. Different lenders have different rules for transfer of leases, therefore check with your lessor before you make any plans. There are online marketplaces like SwapALease or LeaseTrader, that match lessees who want to get out of car leases with prospective lessees at a minimal cost. Most automotive brands permit lease takeovers and these third-party companies handle the paperwork involved so that you are assured that they’ve done it right. While you can also look for an individual on your own, this could take some time. You’re still accountable for your lease until it’s transferred. The bottom line is that early termination of a car lease can result in fees and other charges that could add up to thousands of dollars. While you can’t automatically break the lease because of disability, that doesn’t mean that you’re stuck. You may be able to reduce any penalties by a lease transfer. Check your lease agreement to see if there’s a clause about early termination and then contact with the company leasing to inquire about your options. Find out more about SHARE:

Writer: Josephine Nesbit is a former contributor to Bankrate. Written by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate since late 2021. They are passionate about helping readers gain the confidence to manage their finances with concise, well-studied and well-researched content that breaks down otherwise complex topics into manageable bites.

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