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Lease Trader or Swap a Lease?

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Old 02-08-2008, 01:36 PM
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mdrums
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Default Lease Trader or Swap a Lease?

Has anyone used Lease Trader or Swap a Lease before? Does anyone know the pro's and con's about this?

I have a 2007 BMW X3 I would like to do this with. Nothing wrong with this car but I now need something with more storage for my job.

thanks! Mike
Old 02-08-2008, 08:48 PM
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cole328
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yes used swapalease to get rid of my Boxster S GREAT website very easy to use Biggest thing tho is to make surethat your lease is completely assignable....u want to be sure that it is 100% transferred from your name to theirs, otherwise, the leasing company can still come after you should the new guy stop making payments
Old 02-08-2008, 10:41 PM
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mdrums
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Cole so I guess a call to BMW Financial is in order? Thanks!
Old 02-08-2008, 11:07 PM
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cole328
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100% find that out first.....
Old 02-09-2008, 07:58 PM
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Truble10
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I assumed a lease on a 7 series from BMW financial off Swapalease. It could not have been easier. BMW was great to work with and the process was very simple. Swapalease simply got me together with the original leasor.
Old 02-09-2008, 08:18 PM
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jjf 04C4Scab
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My brother has used Lease Trader to get rid of a Saab 9-5 Aero. He was very pleased. You can find him on Rennlist as dfinnegan.
Old 02-09-2008, 09:52 PM
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KeninBlaine
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Originally Posted by jjf 04C4Scab
My brother has used Lease Trader to get rid of a Saab 9-5 Aero. He was very pleased. You can find him on Rennlist as dfinnegan.
The LA Times had a story about these 2 sites today in the context of the growing popularity of people wanting to get out of leases, and how these sites are becoming very popular with people on both ends.



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