Exit Your Lease Early
Lease Transfer
A Lease Transfer allows you to transfer your lease contract to another person. By doing so, the new lessee is responsible for the remainder of the payments per the terms of your original contract.
A vehicle lease transfer could save you thousands of dollars while allowing you to walk away from your vehicle lease with no strings attached. Lease transfers have become increasingly popular over the last few years.
In order to initiate a lease transfer, however, you will need to find someone who is willing to assume your existing vehicle lease. You may find a friend, family member, or co-worker would enjoy your car for the remainder of the lease and appreciate not having to put any money down to acquire a vehicle.
If that fails, you can also find potential buyers on-line through companies like Swapalease.com that specialize in connecting lease buyers and lease sellers.
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