Returning a car lease

Hi Everyone. I have leased RAV4 2023 from ALJ. Now I am going home and there is no one to buy it. I want to return it ALJ. Kindly let me know what is the procedure?. How long it will take?. How much Penalty should I pay?.

I need it urgently. Please guide me

@Francis2420

I had contract 3 years instalment to alj, Hyundai accent 2018, remaining 1 year,  I have problem with engine,  what should I do to claim to alj?

Thanks.

Wiyoto

Hi anyone what to transfer car lease I'm ready to continue payment

I have a car loan in SNB and unfortunately I got laid off from my job and need to exit. I paid only 3 months and I went to SNB leasing bank to ask. Which they gave 3 options for my issue.

First is to pay the full settlement which is I cannot due to my situation.

2nd is to transfer the car to someone which is hard for me as I already posted and asked but no one wants.

3rd is to contract termination which is the bank will take the car for auction process and any balance compared to the total loan amount they got from auction will paid by me which is a huge amount as well. The process will not guarantee to be done within 2 months and will got conflict on my stay.

Any advise for my current situation because I don't have the means to pay it all and I had only 1 month left to process my final exit.