British Expats

British Expats (https://britishexpats.com/forum/)
-   Canada (https://britishexpats.com/forum/canada-56/)
-   -   Leasebusters (https://britishexpats.com/forum/canada-56/leasebusters-609166/)

akitared May 14th 2009 6:03 am

Leasebusters
 
Has anyone here actually used leasebusters for a vehicle?

What was the experience like? How long did were you in Canada before taking over a lease? Would you recommend them?

Thanks in advance

:unsure:

iaink May 14th 2009 6:06 am

Re: Leasebusters
 
It will be interesting to see...Im pretty sure when you read the smallprint that a favourable canadian credit check is required...a stumbling block for many newcomers.

My wife at one point took over a lease through the local Mazda dealer, and it was a no fuss deal...worked out well for us and them.

Essex_Man May 14th 2009 9:08 am

Re: Leasebusters
 
Nothing wrong with lease buster and can be a really great way to take over someones lease. Make sure you thoroughly check the car over and you are realistic about your millage. because you will pay heavily for over running the lease millage. You are responsible for that car and it will be inspected at the end of the lease and may even have to folk out for new tires. look for the buy back ones. So you can buy the car at the end of the lease. This is best way to go IMO. I have know at least 2 people who have had great success.


* Confirm that the information here is the same as the actual lease contract
* Confirm that all service required is up to date
* Confirm who pays for vehicle inspections, lease transfer fees, license transfers etc.
* Do you have to pay a security deposit or is the existing one being transferred to you?
* You will need to fill out a credit application and submit it to the original selling dealer and or leasing company for credit approval.
* They will process all necessary paperwork and make arrangements to finalize the lease transfer.
* That's it!
http://www.leasebusters.com/

akitared May 14th 2009 9:14 am

Re: Leasebusters
 
Thanks for the advice

:thumbsup:

Essex_Man May 14th 2009 9:26 am

Re: Leasebusters
 
Another thing I should point out. Sometimes the buyback can be more than the car is worth on the used market and you're find that same car can be brought cheaper. Especially with the Domestics. So you have to bear this mine as well if you do decide to buy the car at the end of the lease. :)

rae May 14th 2009 10:28 am

Re: Leasebusters
 

Originally Posted by akitared (Post 7572406)
Has anyone here actually used leasebusters for a vehicle?

What was the experience like? How long did were you in Canada before taking over a lease? Would you recommend them?

Thanks in advance

:unsure:

more importantly than all this, may i be the first to congratulate you on having the best avatar on expats. is there anyway you can blow it up. thats the avatar, not 'it'.

Novocastrian May 14th 2009 10:43 am

Re: Leasebusters
 

Originally Posted by rae (Post 7572972)
more importantly than all this, may i be the first to congratulate you on having the best avatar on expats. is there anyway you can blow it up. thats the avatar, not 'it'.

<sulks>

rae May 14th 2009 10:59 am

Re: Leasebusters
 

Originally Posted by Novocastrian (Post 7573011)
<sulks>

sorry, but surely you agree, that is one fine..... avatar

akitared May 14th 2009 11:46 am

Re: Leasebusters
 

Originally Posted by rae (Post 7573056)
sorry, but surely you agree, that is one fine..... avatar

LOL, Glad you like it, and see the irony of the Great Canadian Beaver! :p


All times are GMT -12. The time now is 12:30 am.

Powered by vBulletin: ©2000 - 2026, Jelsoft Enterprises Ltd.
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.