Lease Transfer Made Easy

How to Transfer your Lease

Lease Transfer Made Easy

How to Transfer Your Lease

Make sure you include all the important details such as the payments, monthly term and the buyout. All this information should be on your contract, however you can call your dealer/leasing company and find out more.

This is probably the hardest step when it comes to a lease transfer, so make sure your ad looks great and attracts as Many buyers as possible. Once you find someone to takeover your lease, most of the work is completed.

Dealerships usually charge a lease transfer free (cost varies upon dealers, call your dealer and ask them). The buyer also needs to fill out the a credit check so that he can get approved by the leasing company. Usually this credit application can be found on a dealerships website (make sure you let the dealer know that “abc” is looking to takeover your lease and has filled out an online application).

After the buyer has been approved, both you and the buyer meet at the dealership and completed the transfer. This process is usually pretty fast and takes around 15-20 minutes.

Benefits

Can't afford the payments

This is probably one of the best ways to get rid of the lease when you can't afford it any longer. Don't pay absurd termination fees or ruin your credit by giving the vehicle back (voluntary repos also hurt the credit score).

Want to try something new

Trading in your lease for something else will probably cost you more due to the negative equity, so transferring your lease to somebody else is the best and cheapest way to get yourself another car.

range rover sport

THAT'S HOW EASY A LEASE TRANSFER IS

POSTING YOUR AD IS 50% OF THE WORK

FINDING A BUYER IS THE NEXT 50%