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The first step if you are looking to
offer your car lease for transfer is
to register on our site
Switchtrader.com and choose one
of our two listing plans:
(a) Standard Plan
(b) Premium Plan |
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Be sure to have your lease
contract in hand when completing our online registration and vehicle listing form as this helps you to quicken the process, upon completion your post is now available for viewing by millions of visitors to our highly search engine optimized site within minutes. |
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Both our listing options (a)
Standard Plan and (b) Premium Plan allows your post to be seen by All potential car lease buyers browsing our site, however if you chose our premium listing
package which includes a car
lease transfer industry FIRST!
VIDEO UPLOAD FEATURE! |
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You've selected a very powerful
presentation feature to
complement your digital pictures,
with our VIDEO UPLOAD FEATURE
you have the ability to narrate and
direct your own short movie about
your car, so go ahead! Start the
engine! Let your prospective car
lease buyer hear the motor, if you
have a convertible, let them see
you drop the top! Then tell them
about all the other attributes of
your car. |
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Visitors browsing our
Switchtrader.com site looking to assume a car lease will be able to view our listings without registration requirements however Switchtrader.com prevents communication between un registered casual browsers and our registered car lease sellers. |
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| Before communication is allowed between un registered potential car lease buyers and our car lease sellers they MUST be registered with Switchtrader.com by paying a nominal access fee, this ensures a car lease seller is receiving communication from someone who is serious enough that they chose to pay a registration fee to gain access. |
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Both parties communicate to
determine if there will be
common ground on the interests and concerns related to the car lease transfer. Questions can include: "Is the information listed in your advertising completely accurate?", "Where is the vehicle located?", "Will you split or absorb the car lease transfer fee?", "Is there a cash incentive involved?", "Who will pay the transportation cost from your state to mine?" |
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| Once all questions and concerns are answered the seller and buyer are ready to move forward with the transfer. The buyer then submits to the application process required by the lease seller's lease finance company. Primarily the car lease buyer will need to be deemed credit worthy enough by the lease finance company as a prerequisite to assume a car lease. |
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It's important for car lease buyers to have a recent consumer copy of their credit report for their own information before attempting to assume a car lease. A credit
report can be obtained from one of
our lease partners listed on our lease partner page. |
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Upon getting an approval from
the car lease lender Switchtrader.com will have the
transfer documents sent to both parties for signatures which are required to complete the transfer. These are original documents promulgated by the car lease lender and not by
Switchtrader.com. |
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| The usual process is for the new documents to be firstly sent to the seller who signs them and then forwards them to the buyer. The buyer now signs and sends the documents back to the car lease lender for processing. |
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The completed transfer
documents will then be sent to
the seller as well as to the buyer. The buyer needs to take part of these documents to the local
Department of Motor Vehicles to pick up license plates and other
registration items. |
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| the car lease obligation and the car is now the responsibility of the car lease buyer and that completes the car lease transfer transaction brokered by Switchtrader.com. |
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