Apart from the fees that were listed previously, there are some other fees too that you have to incur when it comes to transferring the vehicle. This is not the lease termination fee, it is the additional expense that you have to bear.
Some of the common types of you fees associated with transferring of the car lease include the following:
For most of the cars, the shipping charges are between $500 and $1000 depending on the carrier. Shipping requires one week between pickup and delivery as most of the services pick multiples cars along the way.
If you are advertising the lease in a publication, you have to incur costs associated with advertising in the local newspaper. The cost of advertising online may be less. You may have to pay between $50 and $100 as advertising fee, depending on the platform where you advertise on.
Vehicle Inspection services
As a buyer, if you choose to get your vehicle inspected by a third-party vehicle inspection service, this will be another expense. Some sellers may have to spend money on vehicle inspection before advertising their vehicle. Either one of the parties have to incur this cost.
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It was easy to use the website. Took me some time to find the buyer for my car lease, but it was all worth it for all the money I have saved from not terminating my lease.
Just a week ago, I found out that lease transfer is a thing, and just about now, I have already found Quitalease and dropped off my car to the new lessee for my car lease.