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It may be difficult to get out of your lease. The lease is a binding contract, so you can't simply just "walk away", because you would be in breach of the contract.
The first way to get out of the least would be to turn the car back into the leaseholder and pay what you still owe. Most people don't want to do this because of the money they would still owe -in most cases, you don't just pay a penalty; instead, the leasing company will ask that you pay the balance of the lease, which with 29 months left, is probably substantial.
A better option, if your leasing company offers it, is a lease transfer. Essentially, you would "transfer" your lease over to another person who would then assume the lease and the payments. This is also called a lease swap. Since not every leasing company offers this, you would obviously want to check with them.
You can also end your lease early by leasing a different car from the dealership. If you decide on this option, make sure you understand how much equity you have in the car. What you owe is based on calculations involving the car's residual value, depreciation and capitalized cost.If you're in a negative equity position (you owe more than the car is worth), then the money owed is often rolled into the new lease, which has the opposite effect of a down payment. That means your monthly lease payment may be extremely high because you're still paying off money owed from your old car's lease plus the lease cost of your new car.
One final option is a lease buyout. This is where you negotiate to buy the car at a lesser price then what you owe. Often times, the savings isn't very significant, however, and since you are not looking to keep the car, it's probably not something you are interested in.
Your two best choices then are to either lease another vehicle (and hope that you have established equity in the car) or see if your leasing company will do a lease swap for you.
Hope this helps.
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