Hello and welcome to the Money Girl Podcast. My name is Laura Adams. I'm a personal finance

expert and author who loves helping you master your money.

My mission for this show is to give you practical,

actionable tips and advice,

so you can live rich and love the journey.

You can learn more about me on my site at Laura D Adams.com. In this

show I'll answer a question from Alexandra about a dilemma she's facing with her

car. She says I'm leasing a car that costs $425 per month and I have

22 months left before the lease expires. But this expense is taking a toll on my budget, I'm underwater and the dealer suggested

getting a loan to purchase the car for 20,000. Is this the best option to get out of my car lease

early? Stay with me if you're interested in how leasing a car works, how it compares

to buying, and what to do if you need to get out of a car lease before it expires.

As always, don't worry about taking notes

because I post the transcript for each show

on the Money Girl page at quick and dirty tips.com.

This is episode number 329, called

How Leasing a Car and getting out early works.

Almost a third of all consumers choose car leasing instead of buying one.

I join them this year when I lease my very first car. I got a 2015 Fiat E 500.

The E stands for electric and Fiat E 500. 500.

The E stands for electric and I'm also ecstatic about it because it's really fun to drive and I never

have to pump gas just charge it at home or while I'm shopping.

...