Anybody Taken Over a Car Lease
#1
Every day's a school day
Thread Starter
Joined: Jan 2005
Location: Was Calgary back in Edmonton again !!
Posts: 2,667
Anybody Taken Over a Car Lease
Was looking at changing my car..when i saw a couple of lease take overs that seemed pretty good deals..but are they?...has anyone done one of these before?
#2
Re: Anybody Taken Over a Car Lease
My cousin's husband took over a lease of mine. The paperwork was straightforward with minimal costs to transfer. It was convenient for both parties. If someone's put in a healthy deposit initially you get to take advantage of that (lower monthly payments), just make sure the mileage allowance gives you enough headroom, and the vehicle's condition isn't going to cause you unexpected bills at the end of the lease term.
#3
Every day's a school day
Thread Starter
Joined: Jan 2005
Location: Was Calgary back in Edmonton again !!
Posts: 2,667
Re: Anybody Taken Over a Car Lease
My cousin's husband took over a lease of mine. The paperwork was straightforward with minimal costs to transfer. It was convenient for both parties. If someone's put in a healthy deposit initially you get to take advantage of that (lower monthly payments), just make sure the mileage allowance gives you enough headroom, and the vehicle's condition isn't going to cause you unexpected bills at the end of the lease term.
#4
Re: Anybody Taken Over a Car Lease
Sounds like a safe bet then. Are you leasing to off-set costs against a business? If not, is a lease really a good way to spend $ on running a car?