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We know. The relationship is over. Done. Finished. We understand. Sometimes things just don’t work out. It’s nobody’s fault. You’ve had enough. You want out. You’re ready to move on.
Here’s how Lease-X works for sellers:
Lease-X - Helping You Get A New Lease On Life. Just follow these Four Easy Steps and you’ll soon be walking away from your lease without having to pay those expensive early termination fees! *Click on a heading to view more detailed information.* Step #1 - List Your VehicleList your vehicle so potential buyers can see it. Click on any button, link or menu that says "Sell a Vehicle" anywhere on the website to begin the selling your vehicle procedure. Click here to sell a vehicle. Choose a sponsor to have your listing paid for by one of our affiliate dealerships. Enter your vehicle and personal information. Not too personal - we have standards.
If you chose to purchase your own listing, you will have to complete a payment form before proceeding to the listing confirmation page. Once you confirm your listing, your vehicle listing will be active and available for everyone to see for as long as it takes your vehicle to sell. MY LEASE-X is your Account Management Area, which allows you to manage your listing ad and contact information. Here you can activate/deactivate an ad, edit your ad, upload new pictures, as well as edit your contact information and your user preferences. Please note: Any picture(s) submitted will be approved by us within 24 hours, or you will be notified. Step #2 - Negotiate a PriceOnce a potential buyer contacts you, you will need to discuss all of the details of the lease transfer, as well as answer any other questions or concerns that the potential buyer may have. Use this time to negotiate the terms and conditions until an agreement has been made by both parties. Some details you may need to discuss are whether or not shipping will be necessary, what vehicle inspections will be needed, the condition of the vehicle, and any incentives that you are offering the buyer. Be generous. It’s just good Karma. Step #3 - Transfer the LeaseOnce you find an interested buyer, the next step is to initiate the transfer. This is done by contacting your leasing company to determine what their process is for the lease exchange. The transfer initiation process will include a credit check by your leasing company on the potential buyer to make sure they qualify for the lease transfer. Step #4 - Walk AwayOnce the buyer’s application is approved and terms have been agreed upon by both parties, you simply transfer the lease according to the leasing company’s transfer procedures. Once both parties have signed the necessary paperwork and you have turned over the vehicle keys, the process is complete. Got Questions? |
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