What is a Lease Transfer?

A transfer of a lease will allow one person to transfer their leasing obligation to another party.  All lease transfers have to be permitted by the leasing company and have to abide by the leasing company’s polices to do a transfer of lease.

The next lessee will have to be approved by the leasing company to take over a lease. The next lessee will have to have around a 680 credit score of higher to take over a lease on a vehicle.

Please note that Swaplease.com does not make credit decisions only the leasing company can approve or deny someone’s application for a lease transfer. Once a person has been approved by the leasing company the final documentation will be sent out by the lender for both parties to sign off on.