Lease Transfer FAQ

How long does a lease transfer take?
- The average lease transfer takes 4 weeks.

What cost's are involved in a lease transfer?
-Most leasing companies charge a credit application fee and a lease transfer fee. The average lease transfer fee is $400 which is generally paid by the buyer. Most seller's often pay half of the fee's.

Can I lease a car from another state?
- Yes, most leasing companies allow lease transfers to individuals in other states. You should check with the participating leasing company for their current restrictions.

Does the manufacture warranty transfer?
- Most manufacture warranties are transferable.

What are the typical benefits of a lease transfer?
- Zero down, remainder of manufacture warranty, short term lease and cash incentives.

How can I receive further details about the lease transfer?
- Contact the seller, they will provide details about their lease. In addition, contact the participating leasing company for details. The leasing company contact info can be obtained by the seller.

What fee's do PriceaLease.com charge?
- PriceaLease.com does not charge any fee's related to lease transfers.

What type of taxes who I be responsible for?
- Each state set's it's own polices and tax rates. You would need to contact the participating leasing company and your local Department of Motor Vehicles for details.

What is a cash incentive?
- Most sellers offer a cash incentive to persuade a buyer to take over their lease. Such incentive may include; paying the lease transfer fees, shipping fee's, offer to pre-pay a couple lease payments or just cash.

What does it mean to "Request Cash" by placing a bid?
- If you are serious about taking over a lease transfer, you can place a bid on the listing requesting the cash incentive that you would require to take over the lease.