Car Lease Transfer

Some leasees find themselves ready to give up their leased car before their lease period ends. The majority of these leasees are transferring their lease for the first time and it is helpful to know a few important factors that go into transferring a car lease to a new owner. If you fall into this category, read below on how you can successfully transfer your car lease!

Is A Transfer Available?

Leasing companies tend to allow transfers of leases, but there are a few out there who do not have this option available. You should read your lease contract or ask the leasing company if they can transfer. Also, if a company does have the option to transfer, lease transfer must have fallen between a certain time frame after the car has been leased.

Who Can Take Over Your Lease?

Whether the transfer is for a close friend, family member, or some random person who is interested, you should give a detailed explanation of what the terms are of the lease and what payments still need to be made. If you have trouble finding someone to transer your lease to, try posting classified ads in the local newspaper, posting an ad in your local supermarket, or posting on a public online message board.

Found A New Lease Holder, Now What?

Once you have found someone agreeing to take over your car lease, it is necessary for them to complete a credit application, which is available if you call your leasing company and grab a copy of the application or the new lease holder calls and gets one.

Once the credit application has successfully gone through, it is smooth sailing from here. You and the new owner of the leased car will need to complete a short transferral form to complete the process. The leasing company will notify you when the transfer is complete and will give the car to the new owner.

 

The opportunity for you to transfer your lease is an easy process with Swapalease.com! Swapalease.com is the largest online lease marketplace with the best car lease deals. Call to learn how you can have a successful car lease trade at 866-SWAPNOW.

Get Couped Up In These Fuel Efficient Two-Seaters

Summer is blazing away and consumers are in season to trade in their car or lease out a car. Cruising in a two-seater actually sounds pretty nice as your next ride, right? Because of the summer traveling you might do or just want to downsize the size of your car, here are the top three fuel-efficient two-seater coupes and a few features! Dive into their specs and see which one is calling your name!

Mazda MX-5 Miata Sport

Starting: $26,395

MPG: 26 city/ 35 hwy

Engine: 2.0 Liter, 148 lb-ft of torque, 155 horsepower and 6-speed Sport automatic transmission

Features: LED headlights, black drop top with rear glass window, Bluetooth, and dual airbags and side-impact airbags.

Audi TT Coupe

Starting: $43,500

MPG: 23 city/ 30 hwy

Engine: 2.0 Liter. 258 lb-ft of torque, 220 horsepower, 6-speed S tronic® dual-clutch transmission, and quattro® all-wheel drive.

Features: Full LED headlights, rearview camera, Audi Side Assist, Bluetooth, and driver and front passenger dual-stage airbags, front thorax, side airbags, knee airbags, and Sideguard® head curtain airbags.

Porshe Cayman

Starting: $52,142

MPG: Manual 20 city/ 23 hwy | PDK Automatic 22city/ 32 hwy

Engine: 2.7 Liter, 6-cylinder, 275 horsepower, 213 lb-ft torque, and 6-speed manual rear-wheel drive and PDK Automatic.

Features: Low and high beam xenon headlights, ambient dimmable LED lighting, high-resolution 4.6 in. color display, Bluetooth, and full-size front, head, thorax, and knee driver and passenger airbags.

Ready for your dream two-seater coupe? Luckily, Swapalease.com offers all these models you just looked over, and more! Swapalease.com is the largest online lease transfer marketplace and has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW

Upcoming Electric and Hybrid Cars Fall 2017 and 2018

The movement of the auto industry going greener is moving quickly and more car brands are jumping on board with releasing either all-electric cars and/or hybrid cars. Here are 5 eco-friendly cars to consider arriving this fall and in 2018.

BMW i8S Hybrid

  • 1.5L 3 cylinder engine mated to its electric motor. More than 386 HP and 428 lb-ft torque. 77 mpg on a combined scale. A hybrid powertrain is expected to deliver an all-electric drive range of up to 334 miles. Expected arrival: end of 2017

Lexus RX 350H Hybrid

  • 3.5-liter V6 engine along with a 126 kW electric motor. 264 HP and 275 lb-ft and combined to be around 320 HP and 342 lb-ft torque.43 mpg city/39 hwy and 41mpg combined. Expected arrival: late 2017 or early 2018

Mercedes-Benz C350e Hybrid 

  • 60 kW, 80 HP electric motor along with a 208 HP gasoline counterpart. Combined output of 205 kW or 275 HP along with 443 lb-ft of torque which will rev within a range of 1200 rpm to 4000 rpm. Battery uses a 240 volt outlet takes 2.5 hours to charge completely while using a 120 volt plug could extend charge time to 8 hours and above. Expected arrival: Fall 2017

Subaru Impreza Hybrid

  • 2.0L 4 cylinder engine with an ingenious CVT (Continuously Variable Transmission), with an integrated electric motor to produce more than 164 HP and 170 lb-ft torque. 38 mpg city/ 36hwy and 37 mpg combined. Electric drive range of 52 miles. Expected arrival: end of 2017

Toyota Camry Hybrid 

  • 2.5L 4-cylinder mill with dual VVTi (Variable Valve Timing with Intelligence) with an electric motor to deliver more than 180 HP @6,000 RPM and 174 lb-ft torque @4,200 RPM. 37 mpg city/33 hwy and 35mpg combined. All-electric drive range of up to 50 miles. Expected arrival: Fall 2017.

Ready to make the move to a fuel efficient and eco-friendly car? Swapalease.com offers a handful of options you can lease at a great deal!

If you are looking to get into or out of a leased vehicle, check out the selection of vehicles online at Swapalease.com. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

 

Upcoming “Gotta Have It” Cars You Need!

With the summer months ready to fly by in an instant, this means dealerships are getting ready to put out new cars in a couple months that are creating a stir, becoming “gotta have it” rides to show off during the remainder of the year. Here are a few of the anticipated cars coming late summer and fall.

Late Summer

2018 Volkswagen Tiguan – Mid-Size Sporty SUV

  • MSRP starting at $24,995
  • Engine 2.0 L 4-cylinder, Standard turbocharged 200-hp engine and available 4MOTION all-wheel drive, 6-speed automatic transmission with Sport mode
  • 40/20/40-split folding, sliding rear seats
  • Rearview Camera System and VW Car-Net® Security & Service

2018 Alfa Romeo Stelvio – Hatchback

  • MSRP starting at $41,995
  • Engine 2.0L Direct-Injection I4 Intercooled Turbo Engine, 280 HP*, 306lb-ft of torque, 8 Speed Automatic Transmission
  • Standard 40/20/40 split fold-down rear seat
  • Integrated Brake System, Standard Backup Camera with Rear Park Sensors, Available Forward Collision Warning Plus

Fall

2018 Ford F-150 – Truck

  • MSRP starting at $27,380
  • Engine 3.3L V6 that generates 282-horsepower and 253 lb-ft of torque, 10-speed automatic transmission
  • Cargo Box Length @ Floor (in) 78 and Cargo Volume (ft³) 62.3
  • 360-degree camera technology helps with parking and connecting a trailer, Segment-first Pre-Collision Assist with Pedestrian Detection, Lane-Keeping System

2018 Buick Regal TourX – Mid-Size SUV

– MSRP starting at $mid-$30,000

  • Turbocharged 2.0-liter inline-four that puts out 250 horsepower and 295 lb-ft of torque. Intelligent all-wheel drive
  • 33 cubic feet of space behind the rear seats, and those seats fold to create a 74-cubic-foot hold
  • Side Blind Zone Alert, Forward Collision Alert with Following Distance Indicator, Forward Automatic Braking, Front Pedestrian Braking and more.

2018 Kia Stinger – GT Concept Sports Sedan

  • MSRP starting $35,000-to-$45,000
  • Turbocharged engines, both matched with an 8-speed automatic transmission. The available twin-turbo V6 engine offers over 360 horsepower
  • 2.0-liter turbocharged 4-cyl engine, 255 hp and 260 lb.-ft. of torque
  • Cargo dimensions not available at this time (But enough to fit even two gold club carriers and more!)
  • Driver Attention Alert (DAA), a Kia first, Forward Collision Assistance (FCA), Autonomous Emergency Braking (AEB), Advanced Smart Cruise Control (ASCC), Lane Keep Assist (LKA), Blind Spot Detection (BSD), Rear Cross Traffic Alert (RCTA)

Got your mind going? Great because did you know Swapalease.com, the largest online lease transfer marketplace, carries inventories from these same brands and similar models? Swapalease.com is the online marketplace with vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Types of Car Leases

You are ready to have a car but buying one is the issue. So you turn to leasing. You might have heard the typical “short/long-term” lease or “used car” lease but here are a few more specific options for you that you should be informed about.

Open-End Leases

A less common lease, this type of lease is used by businesses or those who find themselves traveling more than others. Consumers should expect:

  • Higher monthly payments
  • Having to pay for depreciation if car is under market value
  • If car does not depreciate, you may not be required to pay additional fees
  • Quicker depreciation due to excessive wear or mileage
  • No mileage restrictions

Close-End Leases

A most common lease consumers go for, where at end of lease you can “walk away”. It entails the usual:

  • Good credit gives you the chance of lower monthly payments
  • Agreeing to the fixed number of years lease contract states
  • Keeping up with required maintenance of car
  • Staying within pre-determined mileage
  • Returning car to dealership at end of the lease

“Option to Buy” Lease

This leasing option, particularly for new car leases, gives you the option to purchase the car at the end of the lease. Here are a couple tips towards the end of this lease:

  • When going over “option to buy” pricing, make sure to negotiate price and have it listed in the contract before signing. Is the negotiated price higher or lower than the car’s market value?
  • At the end of the lease, you can either pay cash to buy the car or finance the buyout price
    • If you decide to finance, be sure to negotiate interest rates.

Single-Payment Lease

Speaking of cash, this is where the single-payment lease comes in. Did you know you have the option to put a large amount of cash money down on a lease?

  • You can pay entire sum of the lease when you sign. This helps get rid of monthly payments and can possibly help eliminate most of the monthly interests.
    • Paying a large amount up front can help you catch a better deal on your purchase price
  • Finance rates will be lower and the chances of getting approved for this lease is better
  • With this lease, all the costs will be presented up front in the contract so you can see all the fees and other costs

Subvented Lease

This type of lease is quite unique. Offered by finance companies associated with a particular manufacturer, these leases are available because automakers need to get their inventory moving, especially those in low demand. With this lease:

  • It may only be available to those with great to excellent credit
  • If you qualify, it can save you a lot of money
  • Interest rates are lower
  • Estimated depreciation is lower, which can lead to lower monthly payments.

Now that you got a little insight on these numerous leasing options, it still can be scary and might get you confused in which option to go for. Luckily, Swapalease.com can help! Swapalease.com is the online marketplace with vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Summer Road Trip Car Care Tips

Summer is here and what better way to celebrate than taking a road trip with friends and family! Pack your bags and drive to your perfect getaway, but first, have you considered if your car can handle the trip? Many vacationers who use their car for road trips fail to prepare their car for the drive. Here are some hot tips to keep in mind for your summer ride!

Engine

Summer brings in the heat that we can’t seem to bare, neither can your car. The combination of hot temperatures and your coolant levels can cause a disaster. Especially if you are driving in the middle of nowhere. Low coolant levels increase the risk of your engine overheating and your A/C working double-time.

Check your coolant level yourself or at an auto shop and top it off if it is too low. If you are completely empty, make sure you don’t have any leaks.

If you are on the road, check your temperature gauge from time to time, check for any warning lights, and most noticeable, steam coming from the hood of your car. If any of these things happen, safely pull over and turn off your engine. Give your engine 30 minutes to cool down before opening your hood. Add coolant if needed. If you are all out of coolant, better call a tow truck.

Also, be sure to get a proper oil change before your trip!

Tires

During the hot summer months, tires are more prone to blowouts. You should make sure to check your tires at a gas station or an auto shop. Under-inflated tires, lack of air pressure, puts your tires’ components under greater strain, putting you at a higher risk of a blowout. Over-inflated tires could put you at risk of hydroplaning if you get stuck in rain during your trip.

Be sure to check the tread on all your tires. A simple hack to this is taking one penny. Make sure Lincoln’s heads-side is facing you and his head is downward. Place him into your tire groove, if you can see the top of his head, it is likely you need new tires.

If you are planning a big summer trip in advance, be sure to have your tires rotated every 5,000 miles

Interior and Exterior

The blazing sun without a doubt is getting you to put on some long sleeves during the ride and sunglasses. But what about your car? Too much UV rays can damage your dashboard, interior, and exterior paint. Before taking your car on a trip, wash and wax your car with a UV protecting polish to reduce sun damage and paint fading.

If your road trip requires numerous stops, try to park in a shaded area to protect your interior and exterior. It is suggested to also have a windshield cover to protect your interior and keep the car cool.

Steering wheel too hot to touch? Next time, turn your wheel 180 degrees before getting out so when you come back in, rotate your wheel back and you will have the hot spots at the bottom now!

With these summer tips, you should be able to enjoy your summer road trip with no worries. Do you find yourself needing that summer road trip car for your family? Swapalease.com is the largest online lease transfer marketplace. The online marketplace has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Driver Safety Tips For Crazy Weather

Summer is here and for some states, it is as hot and bright out as ever! But some states are experiencing heavy rain. Dangerous conditions on the road can lead to dangerous accidents, but by following some tips while driving through crazy weather, you can reach your destination more safely. Here are some driver safety tips while driving in the rain and why not throw in some snow tips as well!

Driving In The Rain

  • Driving through heavy rain can be nerve-racking. Take your time and try not to rush to your destination. Driving too fast can cause you to lose control and hydroplane, especially if you hit an oil spill.
  • Be sure to not tailgate! Tailgating is often the cause of rear-end accidents and through the rain, it is harder to stop as quickly as if the roads were dry. Keep your distance.Even if it is bright as it can be outside. Because rain impairs the vision of many drivers, having your headlights on and rear lights on helps drivers see you more easily, especially in heavy rain where visibility is almost non-existent.
  • Even if it is bright as it can be outside, have your lights on in the rain. Because rain impairs the vision of many drivers, having your headlights on and rear lights on helps drivers see you more easily, especially in heavy rain where visibility is almost non-existent.

Driving In The Snow

  • Like driving through the rain, you also have the chance of sliding in snow or ice patches on the road. Drive slow and keep a good ten-second distant from cars. Cars tend to react more slowly in the snow so be sure to keep a steady pace. When you are coming up to a stop light, turn, and hills, keep the steady pace and do not rush. Slow down and safely stop when needed.
  • Be sure to check your tires. Cold weather reduces tire pressure, which can lead to a blowout or a flat tire while on the road.
  • Check your tailpipe! Because of how heavy snow can fall and build on the ground, it can get inside your tailpipe and get stuck. Compacted snow in your tailpipe can lead to carbon monoxide poisoning in the car. So before you go anywhere, check and clear out your tailpipe.

Remember, do regular checkups on your car’s maintenance to ensure that no matter what weather condition you are driving through, you will get there safely. If you need to upgrade your ride, check out the selection on Swapalease.com

Swapalease.com is the largest online lease transfer marketplace and has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW

Celebrating The 4th of July With Liberty and SUV Lease Deals For All!

Get you sparklers ready and jump for joy because there is something else you should be celebrating on 4th of July: lease deals! That’s right, half of the year is already over and dealers are offering unbeatable deals on SUVs! Planning a 4th of July trip with your family? Take a look at these SUVs and you might find your new ride! Hurry before these deals end!

  • 2017 Honda HR-V
    • Subcompact SUV, 28 city/34 highway, 5-seater, cargo volume 23.2 to 24.3 ft³, 55.9 to 58.8 ft³ with seat area.
    • *Offer valid through July 5th: $179/mo for 36 months. $2,299 due at signing.
  • 2017Jeep Renegade
    • Subcompact SUV, great for off-roading, 24 city/31 highway, 5-seater, cargo volume 18.5 ft³, 50.8 ft³ with seat area.
    • *Offer valid through July 5th: $219/mo for 36 months. $3,499 due at signing.
  • 2017 Kia Sorento
    • Mid-size SUV, 21-city/ 28 highway, 5-7 seater, cargo volume 11.3 to 38.8 ft³, 73 to 73.5 ft³ with seat area.
    • *Offer valid through July 10th: $224/mo for 36 months. $2,599 due at signing.
  • 2017 Nissan Murano
    • Mid-size SUV, 21 city / 28 highway, 4-5 seater, cargo volume 32.1 ft³, 67 ft³ with seat area.
    • *Offer valid through July 5th: $259/mo for 36 months. $ 3,599 due at signing.
  • 2017 Ford Expedition
    • Large SUV, 15 city / 21 highway, 8-seater, cargo volume 18.6 ft³, 108.3 ft³ with seat area.
    • *Offer valid through July 5th: $539/mo for 36 months. $2,939 due at signing.

*Prices May Vary Depending On Dealer*

Ready to lease out the SUV or look at any other vehicles you have your eye on? Swapalease.com has been helping people who want to switch up their ride for more than 15 years. Headquartered in Cincinnati Ohio, Swapalease.com is an online marketplace that carries a massive selection of vehicles to lease! For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW

First Time Leasing? What Documents to Have.

Leasing a car is a tedious process and it is important that you are starting it correctly. This means gathering the important documentation required to be able to lease a car. If you are interested in leasing a car and don’t know what you should have with you, here are some documents to remember and documents to expect!

  • Your Personal Information
    • Signed credit application that lists all personal and appropriate credit information during your application process
    • Your full name, home address (and time you have lived there), date of birth and social security number
    • Copy of Driver’s License
    • Amount of mortgage/rent
  • Additional Paperwork
    • Proof of residency if you have lived at home address for a short period of time
    • Proof of income
    • Copy of social security card and birth certificate if an error occurs through identification on credit report
  • DMV Requirement
    • Proof of insurance
  • Lease Contract
    • Lists interest rate, fees, and payments throughout the term as well as the lease-end buy-out amount.
    • Contract termination details and termination fees as well as a lack of insurance penalties and over-mileage penalties.
    • Documentation of all vehicle information.
    • Required to sign all documentation within the contract and yourself and your bank will receive copies.

Now that you have an idea of what you need, preparing to lease a car should be a little easier. Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Summer Fun Convertibles To Lease Out

Summer is right around the corner and the desire for a nice sleek convertible to enjoy the summer breeze and sun are kicking up! You also are looking at convertibles that aren’t too menacing with your gas. Ranging between $15,000 to $25,000, take a peek at these few must-have convertibles to get your summer on and travel!

  • 2017 Volkswagen Beetle Convertible – Starting $24,725 with MPG 24 city/33 highway
  • 2017 Mazda MX-5 Miata Convertible – Starting $24,915 with MPG 26 city/33 highway
  • 2017 Ford Mustang Convertible – Starting $30,685 with MPG 21 city/27 highway
  • 2017 Chevy Camaro Convertible – Starting $31,905 with MPG 26 city/33 highway
  • 2017 Buick Cascada Convertible – Starting $33,065 with MPG 20 city/27 highway
  • 2017 Audi A3 Convertible – Starting $37,600 with MPG 25 city/34 highway

Did you know Swapalease.com also has a great selection of convertibles to choose from?If you’re considering a convertible, consider leasing one through Swapalease.com. Our lease transfer process allows you to afford that convertible of your dreams and easily trade out of the lease at any time.

The online marketplace has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, contact Swapalease.com at 866-SWAPNOW.