How to Transfer a Vehicle Lease
- 1). Use the LeaseTrader service to transfer your lease to someone else. You can post a detailed description of your car, the same as if you were selling it, along with a description of the leasing terms. Customers can communicate with you so that you can negotiate, provide additional details and schedule an appointment to meet. The service then helps close the lease transfer deal between you, the new lessee and the bank's financing unit.
- 2). Transfer your car lease by listing it at Swapalease. This service helps guide you through the complete process of swapping your lease over to another party. When you choose the lease-exit option, you can list your vehicle for viewing by potential "buyers." If you want to take on a different car lease you can do so at the same time. Add pictures and incentives to potential takers to increase the chances of closing the deal, like an offer to pay all transfer fees or pay the buyer cash to put toward lease payments for a couple of months.
- 3). Establish an account at SwitchTrader. After registering for a plan, you create the car's profile, including both photos and a video of the car if you wish. Communicate with potential lessees to determine exactly how the transaction will go. Once the potential lessee's credit checks gets pulled and financing approved, the service helps you complete transfer documents to finish the deal.
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