Lease Trade or Auto Lease Transfer: a win-win situation
Of course, if you're the person taking over the car lease,
you can negotiate to have the previous lessee pay for all
the lease transfer fees of the original Auto Lease. Many of
the auto listings include seller incentives, sometimes offering
a couple thousand dollars to buyers up front. Even without
cash incentives, auto leases on these sites are potentially
far better deals than you would be able to negotiate at a
Car dealer. So Auto Lease Transfers are the way to go if you
are looking for big savings or short term auto leases.
"The best example would be a luxury vehicle, When
you take on the remaining lease or trade a lease, you won't
have to come up with a down payment. You can get into a
luxury car for a shorter term but at the same rates as someone
who made a big down payment or had a longer lease."
It seems everyone wins with trade a lease or auto lease
transfers. The person getting rid of the auto lease may
get out for far less than he would have with his original
company; the person assuming lease as thaey trade a lease
or taking over the lease stands to find a great lease deal,
and the sites make some money facilitating the whole car
lease transfer process. The leasing companies are happy,
of course, because they'll continue to collect monthly lease
You can advertise your car lease or the lease for trade
or for sale or transfer in web sites as: LeaseTrader.com,
the largest, the originator of the auto lease transfer process
and where most of lease transfers in the market take place,
also if you are looking for a less expensive way to get
out of a lease you have smaller lease transfer marketplace
called Trade A Lease .com, or BreakAlease.com, now remember
that you get what you pay for, in the LeaseTrader.com marketplace,
lease buyers looking to take over a short term lease like
your must undergo a credit check before they are able to
contact lease sellers looking to get out of a lease.
This is an incredible service this company does for lease
sellers looking to end a lease or trade a lease before the
contractual lease end date since the leasing company or
better called the actual owner of you automobile must approve
the lease transfer transaction before thay would allow you
to get out of a lease or allow some one to assume a lease.
An alternative for people facing large, lease-end "extra
wear and tear" fees or "extra mileage" fees
-- which can run 10 cents a mile and up -- is to consider
a third-party buyout called a car lease full assumption.
Specially if you think you can sell the car lease for more
than it would cost you to buy the car yourself and pay the
early car lease termination dealer fees.
Even if your leasing company is a willing participant to
alloow you to trade out of a lease, it's important to investigate
what you truly stand to benefit. Caution that third-party
automobile buyouts are not the best bet for everyone that
has a lease.
In 99% of the cases, I would say it makes sense to return
the vehicle that you are not able to transfer through a
lease assumption," Stiberman says. "At the moment
the initial car lease is made, the car leasing company sets
a residual value for the vehicle that tends to be higher
than what the market value of the vehicle is at (return)
time." This can make it difficult for you to sell a
car lease at a high enough price to cover your expenses
entirely -- but if nothing else, you could mitigate your
A final word
It should be noted that while these sites offer their services
for a fee, it is sometimes possible to make transfers by
yourself. In all cases, the leasing company must be involved.
"Before these services came along, it was not uncommon
to see classified ads in local papers from people trying
to get out of their leases, But in many cases, the lease
company wasn't informed. The people (selling their leases)
didn’t realize they were still liable for the lease
if the new person stopped making payments or the car disappeared.
They were just looking for someone to assume the car payments."
Early Lease Termination of an auto lease can be costly,
but LeaseTrader makes it easy to transfer a lease, a cost
effective option if you want to get out of your car lease
early. Their Leasing Transfer specialists help lease customers
through each step of the lease transfer process.
Furthermore, if you want to get into a short term lease
this is also the website to check our car lease ads. Don't
miss out on low auto lease payments!!
Some of the Leases now allowing auto lease transfers are
Audi Lease, BMW Lease, Chevy Lease, Ford Lease, Mercedes
Lease, Saab lease, Volvo Lease, Honda Leases, Masserati
Lease, and many other auto leases to list.
Good Luck and hope you will have a happy auto lease transfer
and save thousands in the process.
Is it possible to doTrade my Lease contract early?
Yes now is possible to Trade a Lease of a car lease prior
to the scheduled end date, however there are normally significant
financial implications to the lessee when doing so. Each
leasing company has their own policies, but most will charge
some form of early termination penalty. It is not unusual
for these charges to be in excess of several thousand dollars.
However there is a cheaper way to do it by transferring
your lease to someone else. This is why Leasetrader can
be such a valuable service. Trade your Lease with no penalties
Save Thousands of Dollars in a Lease
Once you exit your lease, you can Save Thousands of dollars
in the Down Payment alone, as well as getting a Lease with
short term Auto Lease payments, and sometimes sellers are
willing to even pay you to assume their used Auto Leases.
Trade a Lease with the auto leasing experts: LeaseTrader.com
is the Auto Lease Transfer Transfer Marketplace.