(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) Most leasing companies transfer all liability from the original lessee to the new lessee however there are some leasing companies that require the original lessee to remain on the contract as a secondary guarantor. Obviously this policy is unpopular so if your leasing company employs this policy don’t despair and consider the following: (a) the new lessee’s credit history met the high standards of the leasing company which means the individual is a responsible person who values their good name (b) In the event of damage or theft of the vehicle the new lessee’s insurance will cover the loss expenses. To get more specific information about a secondary guarantor scenario contact you leasing company. (link…..find your leasing company)

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 Suzuki lease.