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In this video, Kylie Matu from Wealthy Millionaire explains four ways to break a car lease without incurring penalties. She begins by noting that she is not a lawyer or an agent and suggests consulting a professional before making financial decisions. Leasing a car can be a sensible choice for those preferring lower upfront costs and payments compared to buying a new car. While leasing offers advantages like lower costs and minimal impact on credit, it can become problematic if financial difficulties arise or if the vehicle no longer meets your needs. The video emphasizes understanding the implications of breaking a lease prematurely.
