Lease Termination

Lease Termination Form


If you have a leased vehicle, you need to be prepared for when the lease expires, or even when you want to terminate the lease early. When it comes to lease termination, it will either occur as the contract expires, or whenever you are ready for a new vehicle. The details of what has to occur in each situation are typically described in your vehicle’s lease contract. With either option, it is wise to take some time to learn about what you will need to do and how.

We are the best and most reliable Long Island car leasing and finance group with access to marked down leasing inventory and limited auto lease discounts offered by corporations and unions. Unbeatable prices on luxury car lease deals.

We have helped thousands of customers through the lease termination process, and would be honored to assist you too. Perhaps your current contract is coming up soon or you are interested in exiting your lease early. Please give us a call. We can be reached at 212.918.5400 or email and can help answer any questions you may have, and assist you through the end of your current lease and getting you into the new vehicle you will love.


If you want to terminate your lease early, you will need to complete a series of steps to get it accomplished quickly and properly. We make the process easy and affordable. There are often early termination fees and other potential penalties for ending a lease on your own. What you might not know, however, is that it may be possible to reduce, offset or even eliminate those types of expenses. We have helped our many customers end leases early and know all the different options available to help you in this situation. We have assisted our customers in getting into a brand-new model or something else often at a cost lower than they are currently paying for the vehicle under their current lease. New vehicle, more options, for less!


If your current lease is ending soon, it is a good idea to start preparing for your next purchase or lease. At the end of a typical lease you will either be able to turn your vehicle back in and get a new one, or you can choose to buy the vehicle for the pre-agreed upon price. Most of the time it is best to get a new lease unless you are still 100% happy with the existing car. Either way, we can help you. Since we don’t work exclusively with just one manufacturer, you will have access to the exact vehicle that you want to lease. The World is our Dealership!

Technology Advances ‘ The comfort, fun, styling, utility and sophistication of vehicles is no longer changing in decades or even the traditional 4-5 year refresh cycle. Cars are becoming like cell phones, changing yearly, incorporating the newest and coolest technology. Just another reason why leasing even short term or long term is the way to go!

Are you driving around in a vehicle that you no longer love, but you feel stuck in it because you still have months, or even years, left to go on your lease? You don’t have to put up with that limitation any longer. Here at Nitro’s we can help you to exit your lease early, and often with little or no termination fees. We are one of the area’s largest and most experienced independent boutique auto lease companies, and we would enjoy helping you to get out of your lease quickly and easily if you so choose. Once you are out of your existing lease, you can move into something that is more in line with your current needs. We have all sorts of vehicles available from every manufacturer you can imagine. So, you can exit an existing lease and drive a new vehicle right away.


If you’re considering an early termination of your lease, you may be wondering what the advantage to this might be? There are many reasons why people like to exit their leases early. Some people, for example, leased a small vehicle because it fit their needs at the time. Now a new baby has arrived or they married and now have additional passengers they need to accommodate. The smaller vehicle might not be practical any longer, so upgrading to something larger makes sense, or perhaps they want some of the newer features that are coming out. Due to the fact that technology in the auto industry is moving so quickly, why not get the benefit of the newest technology!!

If you found a new vehicle that you love, but find yourself locked in a lease, let us know. We’ll look at the terms of your lease and see what we can do to help you. Our leasing experts can help identify different options that you might not have even considered, and help get you into your dream car.


Our mission at Nitro’s is making sure our customers get a new lease or purchase that they will enjoy and address their unique needs. We work with you to identify the right terms to ensure you don’t find yourself stuck in your lease that’s wrong for you. We arrange for easy exit options. You can search through our inventory of thousands of vehicles from every manufacturer, or visit your local dealership and get your best deal and vehicle identification number and we will deliver the same vehicle at prices and terms you cannot beat.


Whether you’re ready to exit your lease today, or you’re just looking to learn more about your options, please give us a call to speak with one of our leasing professionals. We can be reached at 212.918.5400 or email We would be honored to help you to find your next vehicle, and get you out of your existing lease.



Getting out of a lease or ‘Swapping’ a Lease can be a difficult process for many people, especially when they want to exit a lease early. In many cases, you can terminate the lease early, but there may be fees involved. Another option which most people don’t consider is a lease transfer (‘Swap’). This is a process where you transfer the remainder of the lease to another party, who will then take over the payments and responsibility for the lease. There is typically a fee from the original leasing company, but it is small compared to how much you can save by getting out of the lease early or getting into a lease that has already begun. Short term leases can be very beneficial. Call us to learn more about your options.


Our professionals at Nitro’s help many people to arrange lease transfers. We would be more than happy to help you too. We can often help you to transfer your lease much more quickly than would otherwise be possible alone. In many cases, we can even help by taking over the lease, so you can get out of it and into a lease that is more consistent with your needs.


If you are currently in a lease that you’re not happy with, please give us a call at 212.918.5400 or email us at We may have customers who are looking for a great vehicle like yours, but who don’t want to get into a full-term lease. We can help you to transfer the lease to the other party so that you are no longer responsible for it. Almost every lease contract allows for this type of transfer. We can help you to determine what needs to be done, and even take care of all the paperwork for you.


If you are looking to get a great vehicle, but don’t want a full term lease, we have a great solution for you. We can help you to find another party who has the vehicle you want to lease, and allow you to take it over from them. You will then be responsible for the remaining monthly payments maintaining the mileage limitations while you drive it. You are essentially getting into a great lease without any significant upfront payments or long term contracts. This is an excellent way to enjoy high quality, late model vehicles at a lower cost than even traditional leasing cannot provide.


If you are interested in learning more about your options for lease termination, please don’t hesitate to reach out to us. We can be contacted at 212.918.5400 or email us at Our leasing experts will be happy to work with you to educate you with regard to all of your options, and then help you to get into a new vehicle that you will love. We’ll even deliver the vehicle right to your home or office for added convenience. We look forward to helping you soon.

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