To many satisfied customers it’s well known that with Switchtrader.com lease sellers can exit their BMW lease before the contract expiration date through a lease assumption or lease transfer to a buyer seeking to get into an BMW lease, the obligation for the remaining term of the BMW lease is then transferred to the buyer after meeting the credit criteria of the BMW lease seller's leasing company. It’s important to be aware of certain things if you’re looking to exit a lease:.
(1) Some leasing companies prohibit the transfer of their lease while some companies that do allow lease transfer have restrictions on the amount of months left on the lease to determine transferability. Before posting your vehicle with Switchtrader.com It’s important that you are aware of the polices of your company regarding lease transfers and possible fees associated with such a process.
(2) You can still transfer your lease even if you have exceeded the contract allocated miles however that’s predicated on the assumption that your lender allows lease transfers (link…..find your leasing company) so first and foremost the language in the lease contract should be examined. For example, if you agreed to 10,000 miles per year and you're at 13,000 on your first year of the lease, the extra miles could be costly both to you and to the potential new lessee. Offering a cash incentive to the lease buyer to soften the blow of the excessive miles could be enticing enough to a lease buyer knowing the extra miles are being paid for thus moving forward with the assumption.
Switchtrader.com provides the technological platform and marketplace to facilitate the coming together of lease sellers and lease buyers to further their interests in exiting and entering automotive leases, we are the ONLY! lease transfer marketplace that allows video uploads of lease sellers vehicles in addition to the standard digital images, certainly the combination of both a short video clip complete with voiceover capability and the digital images provides a powerful and compelling presentation to lease buyers as they search for the perfect BMW lease.
Switchtrader.com BMW snapshot.
Postwar BMW cars maintained a tradition of winning several racing, rallying
and hill climb victories. The 1950s saw the launch of BMW’s three tier sport sedan range consisting of the 3 ,5, and 7series cars along with the birth of BMW’s high performance skunk werks M division.
The current extensive lineup reads as follows: BMW 1 Series, BMW 3 Series, BMW 5 Series, BMW 6 Series, BMW 7 Series, BMW ALPINA B7, BMW M, BMW M3, BMW M5, BMW M6, BMW X3, BMW X5, BMW Z4.
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