Turning in a Chevy OnePay lease early

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Relax… you owe the lesser of the negative equity OR the sum of remaining payments + disposition fee + any excess wear and tear

Lease Return Early termination & Notice of Sale

I just got off the phone with someone at GMFinancial. CA requires that if a lease is turned in more than 30 days early, they have to first sell the car at auction, then apply the amount they sold the car for to the cost of ending the lease. If the amount they get for the car is GREATER than the lease termination, they then credit the extra as part of ending the lease. But if the car sells for less that the RV, I will only be responsible for the Disposition Fee, applicable taxes, and items foun…