Lease transfer menuFind a leasePost your leaseMy lease accoutFAQ on lease transfer

I'm a seller: How do I transfer my lease?

  1. Contact your dealership: Tell them you want to transfer your lease. Most lease financing companies allow this kind of transaction. Your dealership will send you a one-page lease-transfer form that you will need when someone is ready to take over your lease.

  2. Post your ad: On Boombo.Ca follow the instructions on the “post a lease” web page. It’s fast and simple! Enter the details of your car and the lease, add a few pictures and that’s it! Your ad will be available online immediately. Now, all you have to do is wait for calls from interested buyers.

  3. Communicate with the potential buyers: Have them take a look at your car – you can skip this if the car is well described, and you have uploaded accurate pictures to the website. Have the buyer sign the lease transfer form you received in Step 1. This form will serve to process the transfer of the loan from you to the buyer. Once it is filled out give the form to your dealership. They will handle the rest of the work. Please note, to save time you can complete all of these steps at your dealership, it should take less than an hour to finish everything.

  4. Wait for the financing company approval: This step can take anywhere from a few minutes, if you are at the dealership, to a few hours if you mail or fax the form. Once approved, just sign the final papers, give the buyer your cash incentive (if there is one), and pay for the lease transfer administration fee (usually between $0 and $500).

  5. That’s it – your lease is transferred.





How does the lease takeover process work?
What is the car lease takeover process and what is it used for ?
What is Boombo.ca
Its concept, origin and advantages.
Why transfer your car lease?
The reasons and advantages of transferring your car lease.


How to take over a car lease?
The steps to take over a car lease.
How to get rid of your car lease?
The steps to transferring your car lease.


What is a monetary incentive ?
What is it and how is it calculated?
What are your responsibilities?
What are you staying responsible of and in what circumstances?
The responsibilities of the buyer
What are the new and future obligations.
Car inspection when taking over a car lease.
Inspecting the car before signing a lease.
Additional information
General information on the history of lease take-over.


Are there add on features?
LeaseMove.ca is the top car lease transfer network in C...
Can a lease buyer assume car lease payments even without a title transfer?
Experts advise car lease buyers to be particular about ...
How advantageous are the Lease Takeover and Lease Transfer arrangements to both parties involved?
Lease takeover or lease transfer transactions are advan...
What is the process of Lease Takeover and Transfer?
A Lease Takeover and Transfer is basically the most aff...
Are Lease Takeover and Lease Transfer transactions legal?
In Canada, Lease Takeover and Transfer companies are le...
How much will it cost to assume a Lease Takeover and Transfer?
There could be minor fees you should shoulder when assu...
How to inspect a car prior to a car lease takeover?
Logically, it is the responsibility of the car lease bu...
How to search for car lease transfer?
Unless you have help, it is not easy to find a potentia...
What are available monetary forms of incentives for buyers and sellers?
Monetary incentives are usually offered by car lease se...
What are the responsibilities of a seller in Lease Takeover and Transfer transactions?
Basically, it is the responsibility of the car lease se...
What are the responsibilities of the buyer in Lease Takeover and Transfer deals?
The buyer basically needs to have a good and sound cred...
What is a Lease Takeover and Lease Transfer company?
In Canada, the number of Lease Takeover and Lease Trans...
What is the difference between car leasing and car purchasing?
When you buy a car in Canada, you can opt between purch...
What is the best and most reliable Vehicle Lease Takeover and Transfer company in Canada?
There are numerous car lease and takeover companies ope...
What vehicles and car models are available for Lease Takeover and Transfer transactions?
Another good thing about Lease Takeover and Transfer is...
When should I consider or assume an auto Lease Takeover or a Lease Transfer?
A car purchase is currently considered more of a luxury...
Why do some car owners decide to sell or transfer their leases to other people?
There are many reasons why a car lessee will want to se...



Copyright © 2008 boombo.ca