How does paying off a car lease early work?
I'm a little bit confused on paying my lease amount early.
As far as I understand, I loaded the total amount of the car. Let's say the total amount of car is 50k and the total lease amount is 25k.
If I pay 25k early, how does that work with my credit?
Let's say I can't lease a new car because I already one a car loan in my credit. If pay the lease early, am I going to be able to lease a new car even if I haven't returned the car yet (leased one)?
Update: Not sure why this is marked as duplicate. The first question is not related. I'm trying see how it affect my credit when I pay off early.
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