Morning all We are returning to live permanently in the UK at the beginning of March and need to end our LOA four months early. Because of my husband’s lengthy illness we have only done half of the kilometres predicted. We are struggling to get any sense out of the Peugeot main dealers where we took out the lease despite asking for clarification in writing. Does anyone know how these things normally work?
What does the contract say? Is there a section about “comment résilier son contrat avant son échéance”, for example?
Edited to add: thinking about this some more, how far into the agreement are you, and are you in a position financially-speaking to buy the car outright? That could avoid you incurring a penalty for terminating the contract early. As time isn’t on your side, you could perhaps then use the company that @JohnBoy used to sell his car recently, rather than selling it privately.
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I have tried delving into the 200 pages of the contract, but can’t find anything specific about early resiliation. The first person I spoke to muttered something about the car being worth less to them in March than it would be in July when the four year contract ends. We leave France in five weeks so no time to buy and sell before we go.
Should add it is Location Option Achat, not a straightforward loan.
You could try uploading the document to NotebookLM and asking it if there are any relevant clauses relating to terminating the contract early.
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Finally tracked down resiliation and only examples are, failure to pay, accident, or theft. I will keep chasing them.
I’d be grateful if you could report back Emily when you find out, please. We may well be in the same situation in the next year or so.
Argh, how frustrating. Hope you get it sorted as painlessly as possible.
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Found this … you may already have done this?
Comment résilier un contrat de leasing Peugeot ?
Pour résilier votre contrat de LOA, vous devez informer votre loueur en envoyant un courrier recommandé avec avis de réception, précisant les raisons de votre annulation et la date de fin de contrat souhaitée. Le montant final à régler dépendra du moment où vous choisissez de résilier le contrat, comme mentionné précédemment.
En fonction de l’option choisie, vous devrez régler les mensualités restantes et la valeur résiduelle, en effectuant les démarches appropriées.
Si vous optez pour la restitution du véhicule, un état des lieux avec votre bailleur sera réalisé pour évaluer d’éventuelles réparations et indemnités dues, ainsi que pour vérifier le kilométrage. En cas de rachat du véhicule, des formalités administratives doivent être accomplies pour transférer la propriété à votre nom.
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Goodness no I hadn’t. Thanks for that though not very good news!
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Hi
When you return the car they always find a way to charge you more than you were expecting. Most people only go down the leasing road once.
Is this a France-specific thing? I leased a few cars in the UK and there was never an issue.
I know someone in the UK that had this problem.
Well I’m on my third vehicle / contract, 10 years in, albeit a business based one, and I’ve been pleasantly surprised so far. Also have switched providers for my latest one.
France makes everything complicated. I don’t understand why?
Just provide every document that you’ve ever possessed, it’s not complicated 
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I would provide the documents required if the company concerned could get round to responding to myphone calls and emails.
It is so lovely when you do get somebody on the phone who wants to be helpful.
I think you’ll have to pay the remaining instalments, judging by a few agreements I parsed in case I ended up leasing.
Also depending on how straight the leasing people are, small damages csn get very costly on return but you may be lucky. It’s one of the reasons I would always take an LOA rather than an LLD even if there is a higher cost.
As in case any damage deductions they want on return get ridiculous, you’d keep the option to buy on an LOA type. So you’d buy instead of paying deductions (finance for a short period could be obtained if necesssary) and sell immediately.
So I think you’d do well to find out its current market value and compare it to the buying price in your LOA so you are prepared.
It is an LOA, but we only have five weeks left here so no time to sell. If we have to pay the additional four months then so be it. We both had lease cars for work in the UK so very familiar with returning it looking immaculate!
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I thought @JohnBoy sold his almost instantaneously to the French equivalent of We buy any car?
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