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Old 05-02-2010, 06:34 PM   #1
PinkieMoscow
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Lease takeover questions.

I understand the basics. I.E. I as the person that wants to get out of the lease can offer an insentive of 2-3-4 months of payment. Sometimes people will take a car over without an insentive on my part as they need a short term lease.

My question is, what if when I took on my lease I put down 10k. Will I just lose it in a transfer? Or can I ask the person that's taking over my lease for 5 thousand in the agreement? I'll take a 5k lose if I have to? Is that's how it's done?

Thanx a lot.

-Val
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Old 05-02-2010, 07:24 PM   #2
slemmer
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You can do any of the above. Best is to speak to Jim Matthews of Leasebusters. Very infomative and he gives good (and free) advice.
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Old 05-02-2010, 09:35 PM   #3
STALKER
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If you have leased it through BMW, then they will also charge you a lease transfer fee. Last time I checked it was around $1500.
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Old 05-03-2010, 02:20 PM   #4
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Quote:
Originally Posted by slemmer View Post
You can do any of the above. Best is to speak to Jim Matthews of Leasebusters. Very infomative and he gives good (and free) advice.
Although I was on that website I didn't know I could get a free consulation. I just called them now. Thx slemmer.
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Old 05-03-2010, 02:22 PM   #5
PinkieMoscow
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Originally Posted by STALKER View Post
If you have leased it through BMW, then they will also charge you a lease transfer fee. Last time I checked it was around $1500.
Thank god its an Audi. I just called PFAFF and they said it is 650 + taxes.

I guess I save a grand because it's not a bmw.
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