Frequently Asked Lease Transfer Questions

Q: If I wanted to listed my vehicle to take-over, what Does An Ad Cost?

A: With TakeMyPayments.com, the basic Listing Service fee is only $34.95 and allows a Seller to list their vehicle in the database until the vehicle is assumed or sells! Enhanced Listings are only $5.00 to add bold and an additional $5.00 for a Slide Show with up to up to eight (8) photographs to increase the chances of finding a buyer faster.

Q: Who Pays The Transfer Fees Charged By My Lender in a Lease Assumption?

A: Like most of the fees involved in the assumption process, this fee can also be negotiated between the buyer and seller.

Q: Can Your Company Guarantee My Car Will Be Assumed?

A: Unfortunately, no can guarantee your particular vehicle will be assumed as this depends on several factors. For example: the vehicle's year, make, model, months left on lease, current mileage, etc. all have alot to do with the success of finding a buyer. However, there are certain things one can do to increase the likelihood of someone assuming your vehicle. For example, offering a cash incentive can entice a buyer to assume your vehicle; requesting No Money Down from the buyer to assume your lease; paying all the transfer fees, etc. These things can greatly help to find a buyer willing to assume your vehicle faster. TakeMyPayments.com can help answer additional questions you may have on this topic.

Q: Once I Find a Buyer, How Long Will the Transfer Process Take?

A: The transfer process varies from four (4) days to several weeks depending on the completness of all transfer documents and the mailing to and from the lender. TakeMyPayments.com offers an expedited service option is available for a small fee.

Q: What If the Buyer Is In Another State?

A: Since TakeMyPayments.com has a Nationwide audience of potential buyers, many of the transfers are done by people in different states. In order to assist clients, TakeMyPayments.com has become affiliated with Nationwide vehicle shippers to ensure the transferred vehicle arrives safely to the buyer's front door.

Q: Can the Vehicle I Select Be Inspected Before I Assume It?

A: Yes. As an added service TakeMyPayments.com, is affiliated with the best third party vehicle inspection companies to ensure that the vehicle being assumed has been maintained according to the lender's criteria.

Q: What If I Have Bad Credit. Can I Still Assume a Vehicle?

A: Each leasing company has their own criteria for decision making on credit approvals. As a result, TakeMyPayments.com cannot guarantee the approval of anyone applying for a lease assumption. If you have questions regarding your ability to qualify for a lease transfer, please contact TakeMyPayments.com for information on what you can do to improve your chances.

Q: I Found A Vehicle I Want To Assume, What's Next?

A: When you find a vehicle you are interested in assuming, the first step is to contact the Seller via TakeMyPayments.com very own secure Message Center. The Seller will then inform you via reply email if the vehicle is still available for assumption. Once the Seller contacts you, you can discuss the terms of the assumption. For example, how will the vehicle be shipped? Who will inspect it before I assume it? Does the Seller have additional pictures of the vehicle? How often has it been serviced and where, etc? At the end of the negotiation process, either the Seller or the Buyer contacts TakeMyPayments.com to commence the transfer process.