Take Over Lease on 2005 6mt
Take Over Lease on 2005 6mt
If anyone is intersted in taking over a lease on an 05 6mt, please follow the link below. If any has any information on the most financialy secured way to get out of a lease, please let me know.......
http://www.leasetrader.com/auto/leas...sting_id=93838
http://www.leasetrader.com/auto/leas...sting_id=93838
i would say try to sell it outright to someone, and you would take the hit on the difference between your payoff option and the amount you sell the car for. it sucks because if you leased through IFS, your still liable if you transfer the lease. i'm in the same shoes as you, looking to get rid of my lease, but i know i can't transfer it without still having liability.
Originally Posted by DEM SUGA
What do you mean when you say liable? What year is your car and what are the details of your lease. have you had any luck so far in terms of finding anyone.
Just so you guys know... SwapaLease.com offers a "Peace of Mind" program that is the cost of two lease payments which will cover all the remaining lease payments and up to $2,000 in damage if the person who takes over the lease does not make any payments etc.
Originally Posted by cruiseluva62886
IFS keeps your name on the lease, sort of as a co-signer. basically if the new lessee misses a payment, they come back to you for the money, or if they owe any money at the end of the lease for excessive wear and tear or mileage and don't pay it, it's on you to do so. mine is an 05 g35x, 3 year lease, 425/month, i haven't tried to find someone to take it over because of the situation i just explained, i'm trying to sell it though.
How does the selling thing work?
I just transferred the lease on my Lexus on swapalease and I have no future liability. My finance company was USBank.
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Originally Posted by DEM SUGA
How does the selling thing work?
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