Today, there are three ways to get your next car: New, Used, or Lease Transfer (Lease Takeover).
A Lease Takeover is a unique hybrid — it’s a somewhat used vehicle with all the advantages of a new lease, including the original terms, options, and factory perks. In many ways, it’s the best of both worlds.
The early years of LeaseBusters were our own version of nation building. Back then, most automaker leasing companies refused to remove the original lessee’s covenant when a lease was transferred — meaning the first customer stayed legally on the hook even after someone else took over the vehicle.
It took LeaseBusters four to five years of negotiation, education, and persistence to change those policies. We helped OEM leasing companies see that replacing one customer who wanted out with another who wanted in was a better solution for everyone.
By the time the internet became a household tool in the early 2000s, the LeaseBusters concept was perfectly positioned for the digital age — and our business exploded with it. Our best estimate? Over half a million successful lease transfers and new lease transactions across Canada.
Because LeaseBusters.com is a leasing-focused marketplace, we’ve also partnered with hundreds of dealerships across the country. If a customer can’t find the perfect takeover match, they’re seamlessly referred to a trusted dealer to start a new lease — and a couple of years later, they often come back to LeaseBusters to list that vehicle themselves.
LeaseBusters.com features thousands of lease listings nationwide, searchable by make, category, and even postal code distance. Many of our buyers discover that they can upgrade within their budget — for example, finding a Mazda CX-50 priced similarly to a CX-5 or CX-3 because the original lessee offered incentives or extras.
And unlike general classified sites, every listing on LeaseBusters is vetted, monitored, and supported by real leasing experts. That’s why we confidently claim:
Each listing gets significantly more visibility than a traditional car classified — because at LeaseBusters, every visitor is a serious leasing customer.
The seller exits their lease without the crushing costs of an early termination or buyout. They’re free from unwanted payments and penalties — and free to move on to their next car, company vehicle, or relocation. In short, they’ve turned what could have been a financial burden into a smooth, positive outcome.
The buyer finds the ideal lease — the right vehicle, term length, mileage allowance, and payment. Many even enjoy cash incentives from the seller and < strong > no dealer start-up fees. Every box is ticked: right car, right deal, right timing.
The original selling dealership gains on both sides of the transaction. They now have:
And the best part? That new customer didn’t cost the dealership a dime — they came courtesy of the seller and LeaseBusters.
The OEM leasing company avoids potential collection issues or repossessions. By facilitating a smooth transfer, they keep the account performing, retain a satisfied customer, and gain a new one — all while avoiding the reputational damage that comes from an unhappy lessee stuck in an unaffordable lease.
At the end of the day, LeaseBusters turns potential lease problems into success stories for everyone involved. Four participants. Four wins. One smart business model.
Sellers who try to use generic automotive classified websites to find someone to take over their lease often run into endless roadblocks. Without knowing the correct steps — or the sequence they need to happen in — they risk turning a promising deal into one that’s full of confusion and delays.
In many cases, sellers get so frustrated they simply give up.
That’s where LeaseBusters steps in.
LeaseBusters doesn’t just connect buyers and sellers — we strategically guide both parties through every stage of the lease transfer journey. From the initial evaluation to the final paperwork, we ensure that no detail gets missed and no rule gets broken.
Why does that matter? Because every leasing company is different.
Even experienced lease customers can get tripped up when they deal with a new lender or encounter policy changes since their last transfer.
That’s why Trust and Deal Security are at the core of the LeaseBusters process. We make sure every step is handled properly — and every party, from the seller to the buyer to the leasing company, knows exactly what comes next.
From understanding your lease terms to the show & tell of your vehicle presentation, LeaseBusters has an action plan that keeps you protected and confident every step of the way.
In short: Lease transfers shouldn’t be left to chance. Work with the most trusted name in the business — LeaseBusters, the experts in making every deal safe, secure, and successful.
Our most important and robust partners are new car dealerships. LeaseBusters has numerous formal dealership partnerships across Canada — primarily in Ontario and Quebec — along with a wide network of informal dealership connections that play a crucial role in supporting our mission.
These dealership partners refer their leasing clients who need to exit their lease directly to LeaseBusters, ensuring a smooth, secure, and affordable process. They also provide Instant Cash Offers for sellers who need to get out of their lease quickly and don’t have the time to wait for a lease-take-over transaction.
Formal dealership partners also contribute to the LeaseBusters.com Leasing Destination & Marketplace, where buyers come to shop for leased vehicles. Dealers post new vehicle lease offers that appeal to shoppers looking for a lease-take-over but unable to find one that fits their needs. These motivated buyers often end up connecting with the dealership’s “Dealer Champion” to complete a brand-new lease — a win for everyone involved.
In addition to dealer relationships, LeaseBusters also partners with new car brokers — independent professionals not tied to any single dealership but who manage a large base of leasing clients. These brokers list vehicles on LeaseBusters and refer clients looking to exit their lease so they can move into a new one, creating even more success stories.
LeaseBusters also maintains a national partnership with SCI Lease Corp, one of Stellantis’ (Chrysler, Dodge, Jeep, Fiat, Alfa Romeo, Maserati) independent captive leasing companies. Through this partnership, LeaseBusters assists SCI with seamless, affordable, and professionally managed lease transfers, particularly in cases where dealerships prefer not to handle the administrative process. In these situations, LeaseBusters acts as the facilitator, working directly with both the buyer and seller — a relationship that has proven mutually beneficial and continues to grow.
Another valued partnership is with WalkAway Insurance, specialists in lease protection coverage. WalkAway provides insurance to leasing customers who may need to exit their lease due to unexpected life events such as a health challenge or loss of income. When WalkAway clients aren’t eligible for a claim but still need to end their lease, they’re offered a complimentary LeaseBusters package, provided their vehicle meets our evaluation criteria.
Finally, CarCostCanada.com — Canada’s #1 source for new car pricing research — has been a trusted LeaseBusters partner since 2000. All LeaseBusters buyers and sellers are encouraged to join CarCostCanada at no charge to access exclusive new car pricing, rebates, interest rate programs, and lease/finance calculators.
Looking ahead, LeaseBusters and CarCostCanada are working on an enhanced partnership that will automatically enroll all LeaseBusters account holders in CarCostCanada. This integration will make it easier than ever for our customers to take advantage of both platforms — simplifying their search, saving them money, and delivering a truly connected automotive experience.
Our Leasing Specialists and Customer Service team will guide you from start to finish. Ready to take the next step?
Choose your path:
Click the button below to get started — it’s that simple.
Get out of your lease Get into a lease