Refinancing Your Car Lease: Can You Do It?

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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
How Does Refinancing a Car Lease Work?
When Is a Good Time to Refinance a Car Lease?
Steps for Refinancing a Car Lease
1. Determine Remaining Car Lease Balance
2. Compare Lenders
3. Determine the Qualifications for Car Lease Refinancing
4. Apply to Get Your Car Lease Refinanced
Is Refinancing a Car Lease a Long Process?
Pros of Refinancing a Car Lease
Cons of Refinancing a Car Lease
Ways to Terminate a Lease
Refinance the Car Lease
Transfer Your Lease
Lease Another Vehicle
Lease Pull-Ahead
The Takeaway
Frequently Asked Questions
Photo credit: iStock/GrvPixels
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About the Author
Jason Steele has been writing about credit cards and award travel since 2008. One of the nation's leading experts in this field, he has contributed to dozens of personal finance and travel outlets and has been widely quoted in the mainstream media.
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