Getting paid to Take Over a Lease...

Need to get a short term, low monthly payment, no money down Lease?
And get paid thousands of dollars for doing it?

Drivers who take over a lease can reap numerous benefits such as the
down payment, freight, and taxes paid by the original lessee at lease
inception, all adding up to thousands of dollars. Another appeal is
the flexibilty of a short term lease in a lease takeover that is
unmatched in new leases

Do NOT get a vehicle lease before you visit our website!
You will be amazed!

www.LeaseTakeOvers.ca

 

Yes, that's why I recomend www.swapalease.com they're the oldest lease
swap company around. I've used them with great results!

 

I have a tough time understanding how this option is any better than going
out and buying the same vehicle used.

Leases pay for deprectiation. There is more depreciation at the beginning of
a lease than there is at the end. IE your vehicle loses more value in the
first 2 years than it does in the last 2 on the 4 year lease. However, the
payment you make to the finance company is the same. Therefore, if one wants
to get out of a lease early, within the first 2 years, the seller is
benefiting a lot more than these websites let on. Hence the 'cash incentive'
though I see that most sellers skip that option, or don't offer enough.

In the end, I can go and buy the same vehicle used for less overall
expenditure than taking over a silly lease.

These companies also fail to mention 2 key pieces of information in order to
make an informed financial decision.

1. INTEREST RATE - They need to tell you the interest rate that the loan
with the lease company is being financed at, and

2. NEW PRICE OF VEHICLE - Tell me the negotiated cost of the vehicle.

Both of these factors will affect the overall value of this transaction. And
prevent me from having to haul out the financial calculator and guess at one
of the above factors.

Anyone else agree?

t

 

Yes, good point. I know when I got rid of my car (99.5 Jetta GLS in
2002) it worked well for me. When I had a buyer for my car, someone
from the swapalease place contacted me to see if I would allow them to
submit the actual paperwork to the buyer. It showed them what I paid
for the car, what I put down, what the payments are, what the end of
lease buyout would be, and so on. The biggest PITA was that I had very
good credit so I had very good terms. It took 6 people for me to go
through until I got a buyer that had good enough credit that my bank
would agree on.

Granted, I'd rather just buy a another car versus to assume someones
lease but this trend seems to be catching on. I guess for those that
just want to assume a lease for a short time with no money down, it
works????