Auto lease take-overs has become an increasing popular alternative to car leasing regardless if you are in a car lease now or looking to lease your next vehicle in Canada. Drivers with a lease realise they are no longer bound to their vehicle lease as long as they find a credit-worthy driver to continue the lease obligation. Lease take-over provides the most affordable option to break a lease early.
Drivers who take over a lease can reap numerous benefits such as the down payment, freight, and taxes paid by the original lessee at lease inception, all adding up to thousands of dollars. Another appeal is the flexibilty of a short term lease when taking over that is unmatched in new leases. As FreeLease provides leases throughout Canada, users continue to take over leases from outside their local area. Some of the long-distance lease take-overs completed at FreeLease include between Calgary and Saskatchewan as well as Quebec and Ontario. Users understand that the savings from FreeLease are so substantial and greater than the cost of bringing or shipping a car back home.
The lease take-over process is also very simple. Once buyers and sellers confirm the transfer, the lease transfer process takes about five days to complete.