LeaseTrader.com ("LeaseTrader") may revise this Agreement at any time by updating it. You should visit this page periodically to review this Agreement, because they are binding on you.
LeaseTrader.com is the most recognized name in car leasing, making us the largest global car lease marketplace.
If your goal is to transfer your lease to another party, LeaseTrader is available to assist you in doing exactly that. LeaseTrader is designed to match those who want to get out of their leases with those who want to assume a lease. One of the many services LeaseTrader provides is the verification of credit. We verify the buyer’s credit in order for you, the seller, to only communicate with Buyers who qualify. The Buyer must "PASS" the minimum credit requirements to have direct communication with the seller. That way, you are not wasting your time with a buyer who does not meet or "PASS" the minimum credit requirements to lease a vehicle. These services are what differentiates LeaseTrader from any other advertising companies.
If your goal is to take over a lease, LeaseTrader is available to assist you in doing exactly that. LeaseTrader is designed to match those who want to get out of their leases with those who want to assume a lease. One of the many services LeaseTrader provides is the verification of the buyer's credit. We verify the buyer’s credit in order for you, the buyer, to know in advance if you "PASS" the minimum credit requirements to take over a lease. To the seller, to only communicate with buyers who qualify. The buyer must "PASS" the minimum credit requirements to have direct communication with the seller. That way, you are not wasting your time. These services are what differentiates LeaseTrader from any other advertising companies.
To obtain access to certain LeaseTrader.com services, you will be given an opportunity to register with LeaseTrader. As part of the registration process, you will be required to enter a valid e-mail address and a password. You agree that the information you supply during that registration process will be accurate and complete and that you will not (i) register under the name of, nor attempt to enter the service under the name of, another person; nor will you (ii) adopt a user name that LeaseTrader, in its sole discretion, deems offensive. You will be responsible for preserving the confidentiality of your password and will notify LeaseTrader's Customer Service Manager of any known or suspected unauthorized use of your account.
Here at LeaseTrader, we work hard in making the listing process as simple and quick as possible for you. You can create your listing in a matter of minutes. Your LeaseTrader listing provides buyers with a complete list of detailed information about your vehicle, including the option to post up to 15 photos. Providing pictures of your vehicle is a great way to attract buyers. It allows for buyers to be reassured that your car looks and is in the exact condition of what is being told to them through your listing. You are also able to offer an incentive. If your lease payment is too high, there’s a good chance that after seeing your payment information, a potential buyer will overlook you ad. This is where you would offer an incentive so that your car lease payments are competitive with other cars in the market.
Most leasing companies allow for full lease transfers and lease assumptions. For example, Mercedes Benz Financial, BMW Financial, Mini Financial, Rolls Royce Financial, Lexus Financial, Toyota Financial, Ford Motor Credit, Ally Bank, and US Bank. Some leasing companies will only approve of the transfer by adding the new lessee to your account and listing you as the guarantor. The leasing companies that do this are Nissan Motors, Honda Financial, and VW Credit. There are also companies that may not allow lease transfers for example Hyundai/Kia Motors and Chase Bank.
The material that appears on LeaseTrader is for informational purposes only.
Despite our efforts to provide useful and accurate information, errors may appear from time to time. Before conducting any transaction, including but not limited to, the leasing or transferring an automobile lease, that you've read about on LeaseTrader, you should confirm with the leasing company any information (including, where the lease of a vehicle is concerned, the monthly auto lease payments, inception fees, taxes, lease term, lease end buyout, excess mileage charge, total allowed mileage, and actual mileage of the vehicle) that is important to your decision. LeaseTrader is not responsible for, and does not guarantee the performance of, any such goods or services or information.
The lease transfer process requires each party (buyer and seller) to provide information essential to the transaction. Such information may include an individual or company's name, address, phone number, e-mail address, vehicle's description details, and other information ("User Information"). The LeaseTrader's web site accepts the user Information supplied by various users, and LeaseTrader assumes no responsibility for testing or verifying the accuracy of such user Information, and does not endorse or approve of any leased asset, or any current lessee or prospective new lessee. The user Information is used by LeaseTrader, the seller and buyer to contact each other, and the legal owner of the leased asset ("Lessor") to screen, approve or deny, and facilitate the lease transfer process.
LeaseTrader's services are available to individuals and business. Individuals agreeing to be bound by this Visitor Agreement on behalf of a business must be an officer or agent of such business who is authorized to form legally binding contracts on behalf of the enterprise under applicable law. And any such person hereby certifies that is an officer or agent of such business. LeaseTrader may also refuse to provide the Services to anyone or any entity at any time, in our sole discretion and LeaseTrader reserves the right to deny use of this service to anyone who uses the service in manner we consider inappropriate.
If you disagree with any material you find on LeaseTrader, we invite you to bring to our attention any material you believe to be inaccurate. Please forward a copy of the material to our Customer Service Manager cust_care at leasetrader.com, along with an explanation of your objection.
If you are an owner of intellectual property who believes your intellectual property has been improperly posted or distributed via this website, please notify us by sending email, or by sending a notice by U.S. Mail to:
Customer Service Manager
1835 E. Hallandale Blvd. Suite 431
Hallandale Beach, Florida 33009
For your convenience, LeaseTrader has made available a variety of links to other websites, not operated by LeaseTrader. While LeaseTrader encourages you to consult such websites, LeaseTrader cannot guarantee the prices, terms, quality, reliability or performance of the products or services provided by these vendors. LeaseTrader is not responsible for the products or services these vendors provide.
You release LeaseTrader and its affiliates from any damages that you may incur, and agree not to assert any claims against LeaseTrader, arising from your purchase or use of such third-party supplied products and services.
The Web is an evolving medium. LeaseTrader may change the terms of this agreement from time to time. By continuing to use this service following such changes, you agree to be bound by this agreement, as modified.
LeaseTrader may change, restrict access to, suspend, or discontinue this service, or any portion of this service, at any time.
LeaseTrader is made available for your personal, non-commercial use only.
The materials on this site are the property of LeaseTrader or its licensors, and are protected by U.S. copyright laws, international conventions and other copyright laws.
Without limiting the foregoing or expanding any of your rights hereunder you may not distribute, transmit, display, reproduce, modify, sell, create derivative works from, or otherwise exploit any on the materials on LeaseTrader. You may display and occasionally print a single copy of any page on the site for your personal, non-commercial use, but you may not otherwise reproduce any material appearing on this site without the prior written consent of the owner. With the exception of using the "Send this page to a friend feature" and/or any "Affiliate Marketing Services" found in LeaseTrader, you may not store any significant portion of, nor distribute copies of, materials found on this site, in any form (including electronic means), without prior written permission from the owner. Requests for permission to reproduce or distribute materials found on LeaseTrader.com should be sent to: LeaseTrader.com - 1835 Hallandale Blvd. Suite 431 - Hallandale, Florida 33009
You are free to establish a hypertext link to this site as long as the link does not state or imply any endorsement or sponsorship of you, your company, or your site by LeaseTrader. However, without the prior written permission of LeaseTrader.com you may not frame any of the content of LeaseTrader, nor incorporate into another website or other service any intellectual property of LeaseTrader or its licensors. Requests for permission to frame our content may be sent our Customer Service Manager, either by e-mail, or at the address above. Notwithstanding the foregoing, upon the request of LeaseTrader, which shall be made in LeaseTrader's sole discretion, you shall immediately remove any hypertext link to this site.
LeaseTrader.com and the LeaseTrader.com logo are registered trademarks of LeaseTrader. All other names and/or logos may are the property of their respective owners. You may not use any trademark or service mark appearing on LeaseTrader.com without the prior written consent of the owner of the mark. All contents of this site are: Copyright 2000-2014 LeaseTrader.com and/or its licensors. All rights reserved.
The Message Centers are provided to give users 18 years of age or older a convenient means of expediting their lease transactions. LeaseTrader does not endorse the accuracy of any message transmitted through the Message Center. Please use your best judgment and be respectful to other individuals using this forum. Do not use vulgar, abusive, or hateful language. You may not use the Message Center for advertising or promotional materials or other forms of solicitation not related to the applicable Listing Number.
Given the nature of the Service and the volume of messages and listings, LeaseTrader cannot monitor all messages transmitted though the Message Center. However, please contact a LeaseTrader customer service representative if you encounter any communication that is obscene, defamatory, or otherwise unacceptable. LeaseTrader reserves the right to delete, move, or edit any communication that it deems in its sole discretion to be a violation of this Agreement or defamatory or insulting in any way.
LeaseTrader DOES NOT REVIEW every vehicle listing posted on LeaseTrader.com. You may well read any given listing before anyone on the LeaseTrader staff does. You can expect these areas to include information and opinions from a variety of individuals and organizations other than LeaseTrader. We do not endorse or guarantee the accuracy of any listing. Responsibility for what is listed in LeaseTrader lies with each user. You alone are responsible for material you post. By using LeaseTrader.com you agree not to post or transmit any defamatory, abusive, obscene, threatening, misleading, or illegal material, or any other material that infringes on the rights of others or interferes with the ability of others to enjoy LeaseTrader. We retain the right to deny access to anyone who we believe has violated these terms or any other term of this agreement.
Although LeaseTrader cannot monitor all the listings in the LeaseTrader.com site, we reserve the right (but assume no obligation) to delete, move, or edit any postings that come to our attention that we consider unacceptable or inappropriate, whether for legal or other reasons. We will not, in the ordinary course of business, review the content of private electronic messages that are not addressed to LeaseTrader.com. However, we will comply with the requirements of the law regarding disclosure of such messages to others, including law enforcement agencies.
You will not use the service to violate the copyright, trademark, or other intellectual property rights of any person or other entity. By submitting material to LeaseTrader, you are representing that you are the owner of the material, or are making your submission with the explicit consent of the owner.
OWNERSHIP OF LISTINGS AND COPYRIGHTS
You hereby grant LeaseTrader a non-exclusive license to publish all listings you provide us. LeaseTrader is not responsible for any damage or loss to any listings, copy, drawings, and art or any other materials you provide. You herby agree that by placing a listing on LeaseTrader, you hereby grant a license to LeaseTrader a non-exclusive basis, all copyrights and other ownership rights in the listing, including the right to publish, reproduce, display, adapt, transmit, or produce derivative works in any medium, including any digital electronic medium.
If your goal is to take over a lease, LeaseTrader is available to assist you in doing exactly that. LeaseTrader is designed to match those who want to get out of their leases with those who want to assume a lease. One of the many services LeaseTrader provides is the verification of the buyer's credit. We verify the buyer’s credit in order for you, the buyer, to know in advance if you "PASS" the minimum credit requirements to take over a lease. To the seller, to only communicate with buyers who qualify. The buyer must "PASS" the minimum credit requirements to have direct communication with the seller. That way, you are not wasting your time. These services are what differentiates LeaseTrader from all other leasing companies.
Buyer Subscription Plans: Click Here
LeaseTrader Credit Verification: $29.95
1 credit verification is "included" with all paid buyer subscription plans.
Additional credit verifications are $29.95 each.
LeaseTrader Buyer Commission:*$149.95 (after $100.00 instant commission rebate)
In addition to your subscription fee, LeaseTrader charges the buyer a $249.95 commission upon the initiation of a lease transfer process.
In the event that your vehicle transfer does not go through, your paid commission fee rolls over towards your next lease takeover on LeaseTrader.com (as long as your membership has not expired).
*Instant Commission Rebate: $100.00
By prepaying the Buyer commission, a $100.00 Instant Commission Rebate is available to the Buyer when starting the transfer process online.
Failure to pay the Buyer commission at the initiation of the lease transfer process will result in forfeiting any and all discounts and rebates offered by LeaseTrader.
Note: Buyer may have the following additional costs:
Leasing company transfer fee: $0-$600
Each leasing company charges a fee to process the transfer generally paid by the buyer.
(e.g. Ford Credit: $75.00, Toyota Motors $200.00, BMW Financial $500.00, Mercedes Benz Credit $595.00, etc).
Registration and local sale taxes:
Registration and local sales taxes are determined by your local DMV office.
Contact your local DMV office for an exact amount.
Other costs you may have:
Inspection and or transportation charges are optional and may vary.
This lease end disposition fee compensates the leasing company for expenses of disposing of the vehicle after you return it at the end of the lease. Most lease contracts have a disposition fee and it ranges between $200 and $450. You may find the exact amount on the lease contract under disposition fee.
Buyers Peace of Mind Program Fees
LeaseTrader offers, vehicle condition inspection services, Vehicle History Report, Transportation Quotes and other services to enhance your leasing experience. Please note that these fees are Non-Refundable.
To see a full list of the buyer fees Click Here.
Memberships, credit verifications, commissions, and all other fees collected by LeaseTrader are NON-REFUNDABLE.
Note: Failure to update the vehicle status to transferring mode, thus informing LeaseTrader of the initiation of the lease transfer and failure to pay the Buyer commission fee, could result in a penalty fee of $100.00 to each the Buyer and the Seller for every applicant that goes through the process of having their credit verified in order to contact the seller of a misrepresented vehicle, plus all expenses incurred by LeaseTrader resulting from and not limited to credit verification, and the continued marketing of the vehicle.
If your goal is to transfer your lease to another party, LeaseTrader is available to assist you in doing exactly that. LeaseTrader is designed to match those who want to get out of their leases with those who want to assume a lease. One of the many services LeaseTrader provides is the verification of credit. We verify the buyer’s credit in order for you, the seller, to only communicate with Buyers who qualify. The Buyer must pass minimum credit requirements to have direct communication with the seller. That way, you are not wasting your time with a buyer who does not meet the minimum credit requirements to lease a vehicle. These services are what differentiates LeaseTrader from all other advertising companies.
LeaseTrader seller advertising programs Click Here
It is the seller’s responsibility to maintain and update their advertisements to assure that the information contained is accurate and correct.
At the initiation of the transfer process*, it is the Seller's responsibility to update their vehicle status to transferring mode and to pay their commission fee. Failure to do so will result in forfeiting all discounts and rebates and possible charge of penalties**.
Seller Commission Fee - $149.95 (after $100 instant rebate)
In addition to the advertising fee, LeaseTrader charges the Seller a one-time commission fee at the initiation of the lease transfer process* with an interested party provided directly or indirectly by LeaseTrader.com.
In the event that your vehicle transfer does not go through, your one-time paid commission fee automatically rolls over towards your next buyer.
Instant Transfer Rebate - $100.00
A $100.00 (One Hundred Dollar) Instant Commission Rebate offer is available to the Seller when starting the transfer process online.
Failure to pay the commission at the initiation of the lease transfer process will result in forfeiting any and all discounts and rebates offered by LeaseTrader.
Transfer Cancellation Policy/Commission Refund for the Seller
In the event that your vehicle transfer does not go through, your one-time paid commission fee rolls over towards your next buyer automatically. The refund or cancellation request must be made in writing, within 30 days of the original payment, using the Contact Us link located on the Homepage of the LeaseTrader.com website.
Please provide your name, your vehicle listing number and the reason for the cancellation or refund request. Request for refund will not be accepted by telephone. Refund requests will be honored for the paid commission fee only, minus a $119.00 administrative cost. Once reviewed and approved, you may be eligible for a refund in the original method of payment.
Removed vehicles and/or expired memberships still need to adhere to LeaseTrader terms and conditions.
Removing an ad or allowing for a membership to expire does not release Seller or Buyer from fees and the responsibilities under LeaseTrader's terms and conditions.
Any request for cancellation will take effect within 3 business days and should be directed via e-mail
Listing enhancements (Optional)
Adding exposure to your ad, equals faster transfers! You may increase the exposure and reach of your ad by selecting exposure packages. Contact your LeaseTrader representative for assistance and recommendations.
Vehicle Listing Upgrade Fees
Choose several optional features to help promote and enhance your listing. Please note that these fees are non-refundable and some of them are for a limited time.
Each leasing company charges a fee to process the transfer generally paid by the buyer.
SPECIALTY SERVICES AND PROGRAMS:
Full assumption program, and customized lease program offered to our sellers based on special circumstances imposed by their leasing companies unwilling to allow them to exit their lease contract. This service is provided on a agreed upon fee structure established by LeaseTrader and the lease holder, fees may vary based on service and program. Fees are Non-Refundable.
LeaseTrader reserves the right to revise rates, terms and specifications contained in the current listing rates.
-We accept all major credit cards, including Visa®, MasterCard®, American Express®. Please be sure to provide the exact billing address and telephone number that your credit card issuer has on file for you. Incorrect information may cause a delay in the processing.
Disputed credit card transactions possibly will be assessed the credit cards processor's processing charge for each time the transaction is disputed, plus administrative expenses plus any collection and/or attorney fees and court costs associated with any deviation of our fee structure and collection of debt.
Memberships, credit verifications, commissions, and all other fees collected by LeaseTrader are NON-REFUNDABLE.
All processed and billed listing, advertising and promoting fees are Non-Refundable.
ALL FEES BILLED AND COLLECTED BY LEASETRADER ARE NON-REFUNDABLE.
* The definition of an initiation of a lease transfer process is when any of the following occur while the vehicle is actively being advertised or once the vehicle has been removed from the LeaseTrader website:
when a buyer takes over the sellers’ car, the seller requests to start the transfer process, the buyer requests to start the transfer process, the seller and buyer both agree on moving forward with the transfer process, the seller supplies the buyer with the leasing company's credit application, the leasing company provides the buyer with the credit application, the buyer completes and submits the credit application to the leasing company or whichever occurs first.
The transfer process could ultimately result in any of the following: a transfer of equity, a lease assumption, adding a buyer to the lease contract, the selling of the car, the transfer of the leased vehicle, or when a buyer takes over the sellers’ car.
** Failure to update the vehicle status to transferring mode (informing LeaseTrader and website users of the initiation of the lease transfer) and/or failure to pay the Buyer commission fee by the Buyer, and Seller commission fee by the Seller, could result in a penalty fee of $100.00 to each the Buyer and the Seller for every applicant that goes through the process of having their credit verified. Applicants are having their credit verified in order to contact the seller, who is actually misrepresenting their vehicle. Additional penalties could be enforced for all expenses incurred by LeaseTrader resulted from and not limited to credit verification, and the continued marketing of the vehicle.
RESPONSIBILITY OF LEASETRADER
LeaseTrader shall display the listings submitted by you in LeaseTrader.com (the Site) subject to your listing remaining in good standing. Your listings will be placed in the Site's listing database, which may be accessed by visitors to the Site. LeaseTrader reserves the right to reject and/or remove any listing submitted by you for any reason.
Special positions for your listing(s) are not guaranteed. However, some special positions may be available for a premium. In our effort to provide you with committed and suitable take-over candidates, we may require candidates to undergo a pre-screening process. Please note that these are LeaseTrader's SOLE responsibilities.
Posting a lease does not guarantee in any way that your lease will be successfully transferred or that you will not be require fulfilling your obligations with the leasing company listed as the Lessor on your lease contract.
It is also important to note that our pre-screening process does not guarantee that the take-over candidate will obtain the approval of the finance company to take over or assume your lease. For additional fees, LeaseTrader may, from time to time, offer services to expedite and enhance you lease transfer experience.
IMPORTANT LEASE INFORMATION
All lease transfers, terminations, and assumptions require the approval of the Financial Institution listed as the "Lessor" in your lease contract. Some financial institutions charge fees in connection with transferring a lease. These fees are separate from any fees paid by you to LeaseTrader and are solely YOUR responsibility.
Refund Policies. LeaseTrader shall only issue you a listing fee refund in cases where the Lessor listed in your lease contract has a non-lease transfer policy. Any applicable refund shall be limited to the initial listing fee(s) paid to LeaseTrader. Unless specified elsewhere in this agreement to the contrary, all other fees collected by LeaseTrader, including but not limited to, credit application fees, are non-refundable.
You guarantee that any listing you submit is truthful and in compliance with all copyright laws and all other applicable laws and regulations. You guarantee that you shall conduct yourself ethically in the use of the Site and in any transaction resulting from said use.
Disclaimer of Warranties and Limitation of Liability
IF YOU RELY ON THIS SERVICE OR ANY MATERIAL AVAILABLE THROUGH THIS SERVICE, YOU DO SO AT YOUR OWN RISK.
YOU UNDERSTAND THAT THERE MAY BE DELAYS, OMISSIONS, INTERRUPTIONS, INACCURACIES, AND/OR OTHER PROBLEMS WITH THE INFORMATION, PRODUCTS, AND SERVICES PUBLISHED OVER THIS SITE.
THIS SERVICE IS PROVIDED TO YOU "AS IS." LEASETRADER AND ITS AFFILIATES, AGENTS AND LICENSORS CANNOT AND DO NOT WARRANT THE ACCURACY, COMPLETENESS, CURRENTNESS, NONINFRINGEMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF THE INFORMATION AVAILABLE THROUGH THE SERVICE (OR ANY INFORMATION, GOODS OR SERVICES THAT ARE REFERRED TO, ADVERTISED ON, OR SOLD THROUGH THIS SERVICE). NOR DO THEY GUARANTEE THAT THE SERVICE WILL BE ERROR FREE, OR CONTINUOUSLY AVAILABLE, OR THAT THE SERVICE WILL BE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.
YOU EXPRESSLY UNDERSTAND AND AGREE THAT LEASETRADER AND ITS AFFILIATES, AGENTS AND LICENSORS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA OR OTHER INTANGIBLE LOSSES (EVEN IF WE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), RESULTING FROM: (i) THE USE OR THE INABILITY TO USE THE SERVICE; (ii) THE COST OF PROCUREMENT OF SUBSTITUTE GOODS AND SERVICES RESULTING FROM ANY GOODS, DATA, INFORMATION OR SERVICES PURCHASED OR OBTAINED OR MESSAGES RECEIVED OR TRANSACTIONS ENTERED INTO THROUGH OR FROM THE SERVICE; (iii) UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS OR DATA; (iv) STATEMENTS OR CONDUCT OF ANY THIRD PARTY ON THE SERVICE; OR (v) ANY OTHER MATTER RELATING TO THE SERVICE.
YOU AGREE THAT THE LIABILITY OF LEASETRADER AND ITS AFFILIATES, AGENTS AND LICENSORS, IF ANY, ARISING OUT OF ANY KIND OF LEGAL CLAIM IN ANY WAY ARISING OUT OF OR OTHERWISE RELATED TO THE SERVICE SHALL NOT EXCEED THE AMOUNT YOU PAID, IF ANY, TO THE SERVICE FOR USE OF THE SERVICE. BECAUSE SOME STATES/JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, SOME OF THESE LIMITATIONS MAY NOT APPLY TO YOU.
No spamming. You agree not to gather any e-mail addresses through LeaseTrader.com for purposes of spamming. By submitting material to LeaseTrader you are permanently granting LeaseTrader all rights to the material, including the right to modify the material, to use it commercially, and to maintain the material in an archive. This Agreement has been made in, and shall be construed in accordance with the laws of, the State of Florida. By using this service, you consent to the exclusive jurisdiction and venue of the state and federal courts in Miami-Dade County, Florida in all disputes arising out of or relating to this Agreement.
I certify that I am an adult (18 years old or 21 years old in some states) have read the Visitor Agreement, accept all of its terms and conditions and can enter into this Agreement.