One of the reasons why customers are so reluctant to lease a car rather than buy one outright is because they fear the costs and penalties associated with the lease return process.
Auto lease transfer is the process by which one party takes over another’s auto lease and assumes responsibility for the remainder of the payments outlined in the agreement.
Very often, when it comes time to buy or lease a new or used car or truck, customers will often attempt to leverage the value of their current vehicle toward a down payment.