Car lease takeovers can help a current lessee move onto something new and help you secure a like-new vehicle at the same time. Although the driver who takes over a lease becomes responsible for any wear and tear on the vehicle, a car lease takeover can still be a fantastic choice for the driver who doesn’t want to commit to a full two or three-year term.
Taking over a lease works a lot like starting a new lease of your own. You won’t pay for the whole vehicle; you’ll simply pay for the use of the vehicle over a certain time span. Costs are based on the vehicle’s expected value at the end of the leasing term, but if you’re taking over someone else’s lease, you’ll most likely acquire their current monthly payment without changes. The experts at our lease return center and our financing department will help you work out all the details.
As with any new lease, you’ll need to abide by any mileage restrictions and limitations that have been written into your contract. This is especially important to keep in mind if the old lessee has put a lot of miles on their vehicle while driving through Marietta and Johns Creek. The last thing you want to do is take over a car lease that’s going to leave you saddled with fees and charges.
A car lease takeover might seem like the perfect option, but there are several pros and cons that you’ll want to keep in mind:
If you’re returning a leased car, finding someone to take over your lease is often the most affordable way to get out of a lease early.
If you’d like to learn more about current car lease takeover specials, all you need to do is reach out and ask! In the meantime, check out our complete list of leasing and financing offers! We’re always mixing up our selection in order to better serve our customers in Alpharetta and Milton.
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