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2009 Dodge Journey SXT
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Exterior Color: Beige
Interior Color: Beige
Lease Months Remaining: 36
$486.41 per month
Location: Andover, NJ
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2007 Lexus IS 250 Sedan
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Exterior Color: Light Blue
Interior Color: Black
Lease Months Remaining: 30
$490.02 per month
Location: Aventura, FL
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2007 GMC Envoy SLT Sport Utility
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Exterior Color: Dark Brown
Interior Color: Black
Lease Months Remaining: 24
$290.35 per month
Location: Cortland, OH
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2007 Lexus GS 350 Sedan
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Exterior Color: Dark Blue
Interior Color: Graphite
Lease Months Remaining: 35
$599.99 per month
Location: Los Angeles, CA
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Is it possible to get out of a lease
or Swap a Car Lease contract early?
It is possible to do a Car Lease
Swap of 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. Do a Lease Swap your Car Lease with no penalties.
Save Thousands of Dollars in a Car
Lease Swap
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 or get a car lease swap.
Swap a Car Lease at LeaseTrader.com,
the Car Lease Transfer Marketplace
Takeover a lease
Leasing companies are happy, with a car lease swap to continue collecting monthly
lease payments. 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 or auto lease you have smaller auto 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 auto 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 they would allow you to get out of a lease or allow some one to assume
a lease. A Car lease swap is a good alternative for people facing large, auto
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 allow 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 losses. 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
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Furthermore, if you want to takeover a lease or get a short term lease LeaseTrader.com
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