How AutoMarket Works
Whether you're looking to transfer your lease or take over one, we make the process simple and secure.
Transferring Your Lease
Create Your Listing
Provide key details about your car lease, including monthly payments, remaining term, mileage, and photos to attract buyers.
Connect with Interested Buyers
Buyers will reach out via our secure messaging system to discuss the lease transfer.
Finalize the Transfer
Once you have agreed on terms with a buyer, follow our step-by-step guidance to complete the transfer with your leasing company.
Avoid Penalties & Save
Transfer your lease and avoid early termination fees while finding someone who benefits from your deal.
Taking Over a Lease
Explore Verified Listings
Browse a wide selection of cars with flexible lease terms that suit your needs.
Connect with Sellers
Contact leaseholders through our secure system to ask questions and discuss transfer details.
Seamless Lease Transfer
Complete the transfer with support from us, ensuring a safe and smooth process.
Drive Your New Car
Enjoy a hassle-free lease takeover and get on the road with your new car quickly.
Frequently Asked Questions
What is a lease transfer?
A lease transfer, also known as a lease assumption, is when someone takes over the remaining term of your car lease. This includes all the responsibilities, payments, and terms of the original lease agreement.
Who pays the transfer fees?
Transfer fees vary by leasing company. Generally, they can be paid by either party or split between both. This is typically negotiated between the seller and buyer.
How long does the transfer process take?
The lease transfer process typically takes 2-6 weeks, depending on the leasing company and how quickly both parties complete the required paperwork and credit checks.
Can any lease be transferred?
Most leases can be transferred, but some leasing companies have restrictions or don't allow transfers. We recommend checking your lease agreement or contacting your leasing company directly.
What happens to the security deposit?
The original security deposit is usually refunded to the original lessee at the end of the lease term, assuming there are no damages or excess mileage charges.
Do I need good credit to take over a lease?
Yes, you typically need good credit to assume a lease. The leasing company will perform a credit check as part of the transfer process.