(A) After posting your car on Switchtrader.com lease sellers seeking to exit a lease have an opportunity to present a powerful presentation to potential lease buyers browsing our site using our industry FIRST! video upload with voiceover feature in addition to the standard digital images. our site is user friendly and the process can be very quick when you have a copy of your lease in hand while you post your listing.

(B) Lease buyers looking to take over a car lease browse our site then find a vehicle of interest, the next step is to contact the seller through our internal communication system to discuss things like if any buyer incentives will be part of the deal, also to determine which party pays the lease lender required transfer charges and fees, transportation fees (if required) third party inspection fees (if required) after finding common ground the lease transfer process moves to the next stage.

(C) The next step is to initiate the transfer using your Account Management area. The transfer initiation process includes a credit check for the potential Buyer, which will determine whether the Buyer is eligible to assume your lease. The decision making process is solely determined by the lease finance company and not Switchtrader.com.

Upon approval by the lease finance company and both parties have agreed to move forward with the auto lease transfer Switchtrader.com will have the transfer documents sent to both parties to sign and complete the transfer. These are the official contractual documents that finalize the transfer of the car lease. The document first go to the seller for signature then forwarded to the buyer for his/her signature, the buyer then sends the signed documents to the leasing finance company for processing. 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.

(D) The buyer can now take possession of the car and that completes the lease transfer transaction brokered by Switchtrader.com

Switchtrader.comprovides 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 Mitsubishi lease.