Car Lease Transfer Rules

Not every lease can be transferred. Some contracts restrict assumptions, require a minimum number of payments first, or limit transfers to certain states.

Call your leasing company or review your lease agreement to confirm whether a full transfer is allowed and what exceptions apply.

Most transfers require the incoming driver to pass a credit review. The leasing company may also require proof of income or insurance.

Approval is never guaranteed. Plan for processing time and have backup options if a buyer is declined.

Transfer fees, application fees, and disposition fees vary. Ask who pays each fee and when it is due.

Some companies release the original lessee after transfer; others may keep partial liability. Get the policy in writing before you proceed.

Excess mileage and wear charges may still apply at lease end. Sellers should disclose current mileage and any damage; buyers should calculate miles remaining.

Transfers with heavy mileage or unrepaired damage can be harder to complete. Transparency helps avoid disputes later.