A short-term lease via a lease transfer can be a great deal for the prospective buyer, but it’s not without potential disadvantages. In this presentation, we'll go over some of the pros and cons of the lease transfer process.

1. swapalease.com
Pros & Cons of Lease
Transfers

2. Is a Lease Transfer
Right for You?
• A short-term lease via a lease transfer can be
a great deal for the prospective buyer, but it’s
not without potential disadvantages.
• The following slides will go over some of the
pros and cons of the lease transfer process.
– Then you can decide if a lease transfer is right for
you.

3. Pro: Better Quality Used
Vehicles
• Car buyers typically keep their vehicles for
upwards of three years.
• Generally, the vehicle remains under factory
warranty (sometimes even a maintenance
plan too).
• The majority of vehicles available through a
lease transfer are much younger and better
maintained than what’s available on a
traditional used car lot.

4. Pro: Short Term
• Afraid of commitment? Leases obtained
through a transfer last for only about 18
months on average.
– A short term lease allows you to move onto a
newer vehicle sooner, or take a in-depth “test
drive” before committing to a purchase or
longer term lease.

5. Pro: Buyer Incentives
• Sometimes, lease sellers will offer incentives
to make their lease listings more attractive.
• Incentives usually include seller-paid:
– transfer fee costs
– excessive mileage costs
– monthly lease payments
• About 43% of the lease offers on
SwapaLease.com offer a cash incentive.

6. Con: Limited Mileage
• Cars under lease are limited to a certain mileage
before incurring a cost penalty. If you take over the
lease, you’ll be responsible for that charge.
– Since someone else has already been driving the car,
you may be at a disadvantage in terms of mileage.
– However if they have driven a lot less than the
allowable mileage, it also could be an advantage.
• If the car has already exceeded its allotted
mileage, you may be able to negotiate a cash
incentive with the lease seller.

7. Con: Wear and Tear
• Dealing with wear and tear is an uncommon
problem with lease transfers, but it is
possible.
– Wear and tear deemed beyond “reasonable” by
the leasing company could incur a charge.
• If you cannot view the car personally before
the transaction, make sure that the car has
gone through an inspection before continuing
with the lease transfer.

8. Pros and Cons of Lease
Transfers
• As you can see, it’s relatively easy to
avoid the potential downsides associated
with a lease transfer.
• A lease transfer can provide a great deal
of benefit and financial incentive when
done properly.

9. About Swapalease.com
• Swapalease.com is the world’s largest
vehicle lease marketplace.
• Our goal is to match individuals who want
to get out of their lease, with individuals
who are looking for short-term leases with
attractive payments and no money down.

10. Follow Us & Learn More
• Join the conversation on car news and leasing on
the Swapalease.com Facebook page.
• Follow auto and leasing trends at the
Swapalease.com Twitter account.
• Circle Swapalease.com on Google+ for the latest
updates.
• For tips and tutorials on transferring your lease,
check out the Swapalease.com blog.