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I don't disagree with a thing you said, actually. But some people are already in the 'upside down' situation, and selling the car yourself is the option I'd recommend to get out. That can usually put a few thousand in your pocket.

Some people don't have any idea how many miles they are going to drive, and if something happens to push them over the limit, they at least are not totally trapped.
There are lot's of reasons to lease, and I'd say the lower payment---paying only for the portion of the car you use---is the top reason.

But make no mistake, a lease is a contract and if you break it, there is additional risk.
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