LeaseBusters - Lease Transfers 101

A lease transfer is one of the most important transactions for Canadian leasing customers because transfers are strategically beneficial for:

People who need to get out of their lease
People looking to lease a vehicle
New car dealerships that have leasing clients that want to exchange their lease vehicle for something new and different
OEM leasing companies who want to assist leasing clients in getting out of their lease (who can’t afford their leases or those who do not need their leased vehicle any longer)

Lease Transfers are the most affordable solution and lease exit action plan

Vehicle leases are not designed to be bought out or terminated early
Most leased vehicles are not worth as much as the lease contract’s current buyout; therefore, there is generally a financial deficiency (negative equity) that the lease seller (lessee) must pay to get out of their lease.
The lease deficiency amount is often in the thousands of dollars; this is a very expensive exit method that the majority of leasing customers will not act upon.
When a leasing customer has their lease transferred, the notion of financial deficiencies (negative equity) does not exist because the vehicle is not being bought out, it is simply being transferred to another leasing customer (a lease buyer)

LeaseBusters pioneered the lease transfer concept in Canada in 1990 and it is still going strong today. Many competitors have come and gone but the true core and spirit of professional vehicle lease transfers or car lease transfers can only be found at LeaseBusters.

Since 1990, vehicle lease transfers have taken on many synonyms, such as:

Lease Take Over (or Lease-Take-Over, or Vehicle Lease Take Over)
Lease Assumption
Lease Exit
Lease Equity Transfer (or Lease Transfer of Equity)
Lease Seller (or Lease Sale)
Lease Swap
Lease Trader (or Lease Trading)

Important Additional Information

If you would like more information about getting out of your vehicle lease, getting into a leased vehicle, lease transfers, discussing some of the other lease exit options suggested by your dealership, negative equity, lease deficiency, and anything else surrounding vehicle | car leases, give us a toll-free call:

National Canadian Headquarters: 888-357-2678
Quebec Office: 866-876-3273

Are you looking to get out of your lease?
Do you need to get out of your vehicle lease?

Either give us a call or fill out the form and get a free evaluation of your lease by one of our professional Leasing Specialists.

A lease transfer is one of the most important transactions for Canadian leasing customers because transfers are strategically beneficial for:

Lease Transfers are the most affordable solution and lease exit action plan

Important Additional Information

Are you looking to get out of your lease? Do you need to get out of your vehicle lease?

Are you looking to get out of your lease?
Do you need to get out of your vehicle lease?