My lease will mature in early Oct but decided to return it 1+ months early because I was told I will only be responsible for the disposition fee + wear and tear + any monthly remaining ( in my case there is 1 more payment that I am supposed to make).
Today I got a letter form GM financial saying:
"The amount you owe for early termination will be no more than the difference between the Gross early Termination amount stated above and (1) the appraised value of the vehicle or (2) if there is no appraisal, either the price received for the vehicle upon disposition or a greater amount established by the lessor or the lease contract.
I am worried seeing the letter wondering if I have violated any part of the lease contract by returning it 1.5 months early with 1 remaining payment ended up causing me thousands of dollars.
Anyone has any experience of this?