Wisconsin § 429.207 - Restrictions on early termination obligation.

§ 429.207. Restrictions on early termination obligation.

429.207(1) (1) The lessee has the right to terminate the consumer lease at any time. 429.207(2) (2) If a consumer lease is terminated before the expiration date set forth in the consumer lease and no applicable option to purchase is exercised by the lessee, the early termination obligation of the lessee may not exceed an amount equal to the sum of the following amounts: 429.207(2)(a) (a) Any unpaid lease payments that have accrued as of the date of termination of the consumer lease. 429.207(2)(b) (b) Any other amounts unpaid by the lessee, other than excess mileage charges, arising under the terms of the consumer lease or not prohibited by this chapter or chs. 421 to 427 . 429.207(2)(c) (c) Any official fees and taxes imposed in connection with termination of the consumer lease. 429.207(2)(d) (d) The amount set forth in the consumer lease as a disposition or other early termination fee, not to exceed the average payment allocable to a monthly period under the consumer lease. 429.207(2)(e) (e) The reasonable costs of retaking, storing, preparing for sale and selling the motor vehicle, except that a cost may not be imposed under this paragraph if, in the event of a default, the cost could not be charged under s.