You are leasing a car and would like get out of your 5 year lease even though you still have 32 months remaining on your lease but your friend wants to buy it but not take over the lease?

Having your friend purchase your leased vehicle isn't always a good idea, since most buyers only negotiate the monthly payments and not the value as the idea is to return the vehicle at lease end.

Your friend however may want to "assume" your lease directly thru your lease company. This method is not yet widely known and most lenders won't even tell you they allow them. However, many online companies in recent years have sprung up to fill this niche in the auto market savings consumers time, money and headaches.

If your lease company is one of the more lease transfer friendly companies out there, keeping a vehicle for 32 months isn't a bad idea - assuming the payments are too high and the

Search the web for lease transfer sites. A recommended one is www.takemypayments.com as they handle the transfer from inception to end or you can try the newest one www.carleasedepot.com pronounced "Car Lease Depot", they have very cool unique features. Visit both and you decide.

First answer by Richardduke. Last edit by Tonycip. Contributor trust: 0 [recommend contributor]. Question popularity: 15 [recommend question]

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