How to Get Out of a Car Lease Agreement

Want to escape your current car lease agreement? It's not impossible. You're not trapped. Dump the lease and save your money. Here's How.

Difficulty: Easy

Instructions

Things You'll Need:

• Internet
• Lease Documentation

1. GATHER YOUR DOCUMENTS
   
   You will need to have your documents (title, lease agreement, etc.) on hand in order to begin the process of transferring your car lease. Much of this information will be necessary to hunt for interested lessees.

2. VISIT AN ONLINE LEASE TRANSFER SITE
   
   Visit one of many online car lease transfer websites. A Google search will provide an expansive list of these sites.

3. REGISTER AND PROVIDE INFORMATION
   
   Car lease transfer sites will guide you through the process of registering. You will have to provide your phone, email, and full name, and information about your vehicle.

4. LIST
   
   When you have provided all the required information, your car lease will be listed for browsing and searching by lease hunters. You should have a current photo of the vehicle to accompany the listing.

Tips & Warnings

• BE CAREFUL TO READ ALL DOCUMENTATION WHEN TRANSFERRING DEBT OR PROPERTY
• CONSIDER HAVING LEASE DOCUMENTS REVIEWED BY AN ATTORNEY

Resources

• More Articles by Kate Downs

[morgan121]

on 10/9/2009 LeaseTrader,com seem to be the best choice , they pre-credit qualify buyers before they can contact you!

The other sites just wast your time with people bad credit!

NOTE: the person who takes over your lease must have good credit! "NO exceptions"

[legalwannabe]

on 1/25/2009 I just googled lease transfers and the top site was www.takemypayments.com .. They've been in businesss since March 2000. You may not want to try an recent upstart when transferring your lease just in case the company hasn't worked out the kinks or hasn't even had a transfer. Listing vehicles doesn't mean getting transfers. Just an FYI.