Lease Seller Tips

A “Lease Seller” is a person who wants to transfer their vehicle to another person, i.e. the “Lease Buyer”. How quickly you will be able to find a buyer for your lease depends on how much time and effort you spend on placing the ad. The more details you add, the more valuable it gets and more views you get on QuitALease. Every detail matters. Serious Lease buyers want to know it all regarding the lease before making a contact with the seller.

Work Out the Ad!

How good your resume looks determines how often you will be shortlisted or interviewed. Same is the case when you intend to sell your lease. Your listing needs to be accurate and complete. This increases the chances of more buyers contacting you.
There are several ways you can make your ad more effective.
Don’t forget to enter the dates and details as it gets easier for you to get listed sooner.
Make your lease deal more lucrative and competitive. There are many tricks to make your deal stand out from the rest. You can provide monetary incentives, like paying cash to the buyer, paying the transfer fee, etc.
The accuracy of information is imperative. Provide every possible piece of information regarding your lease.
You can add additional incentives by using the Additional Vehicle Info section while placing the ad. [need to confirm what do we call “Additional Vehicle Info"].
Make sure that you are fully aware of the leasing companies policies. You will be required to contact your leasing company for this purpose. Remember that not every leasing company offers lease transfer facility. So it’s worthwhile to familiarize yourself with the policies, fees, and restrictions. This will also save you the time of not forwarding a deal with a potential buyer that doesn’t qualify for it.
Mention if there’s an option for “Lease-end Buyout”. Many Lease Buyers look forward to this option. If you aren’t certain about the buyout amount, contact your leasing company and provide the exact figure.

Your Auto Needs to be in Good Condition

When you plan to transfer your lease, it’s important that you take special care of your vehicle and run all the important service checks. The better your car is on the road, the greater are the chances of lease transfer.
And it's not just the on-road performance but the overall appearance of the car that creates the major first impression. So keep your car super clean.

Always Respond to Buyers Quickly

It’s important that you respond to the buyers’ queries timely. The quicker you reply, the better are the chances for success. Make sure that your email registered with QuitALease is added on your smartphone's mailbox, so you can get notifications for the messages directly in your inbox.
Also, be generous and kind with your response. Not everyone would want to take over your auto lease but your courteous behavior may pay off.

Tips for Negotiating a deal

There are ways to ensure that the deal happens and that too smoothly. Just make sure to do the following:
  • Once you have put up your ad on QuitALease, make sure that your car is in sellable condition. It should be clean and washed.
  • Have all the lease agreement documents with you. This will allow the potential lease buyer to review the paperwork during their inspection.
  • Also, maintaining and keeping service records are also great. If you don’t have them with you, contact your car’s dealership.

During the Leaser Transfer Tips

Once you have picked the lease buyer, it’s time to move on with the transfer process. Knowing what comes next could make the entire transfer process a lot easier. Usually, it’s the documentation process that requires your attention. Different leasing companies require different paperwork based on their policies but usually, these are the documents involved:
  • Lease Transfer Agreement
  • Insurance verification
  • Registration form
  • Odometer statement

Locking the Deal & handing over the keys

Once the buyer has provided everything regarding the lease transfer process – the transfer documents, proof of insurance or any other specific requirements of the leasing company – the transfer fee is paid as decided, and finally, the keys will be handed over to the buyer.

Customer Testimonials

Larry Mathews

A new but cool platform. Easy to filter searches and find a close match for the kind of car lease you are looking for. Found myself a great deal in a week. Thank you!

James King

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.

Alisa Barry

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.