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Do I Need Good Credit?
Visit our Credit Score page for info on what it takes to assume a lease.
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Car Lease USA
Yes, this lease company allows lease assumptions.
Telephone: 1-516-922-7447
Transfer Restrictions: Current lessee must be current with their payments and all late fees paid in full at the time of transfer. New lessee must be credit approved. Both new and old lessee must sign the assumption paperwork.
Buyer Credit Application Fee: $100
Lease Transfer Fee: $400
Original Lessee Remain Liable? Yes (What's this?)
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Original Lessee Remain Liable:
While an unpopular policy, some lease companies will keep the original lessee on the lease contract as a second guarantor once the lease has been transferred. If this is unacceptable, then the LeaseTrade.com ReLease Program may be right for you.
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Does Security Deposit Transfer? Yes
Other Information:
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