Can You Take Over a Car Lease?

If you’re considering taking over a car lease, you’ve come to the right place. Our expert team at Genesis of South St. Louis County is here to guide you through every step of the process, ensuring a smooth and satisfactory experience.

What is a Car Lease Takeover?

A car lease takeover, also known as a lease transfer, occurs when a new individual assumes the lease contract and payments of a current lease from the original lessee. This option can be ideal for those not wanting to commit to a long-term lease or looking for a shorter contract period. What are the pros and cons of a car lease takeover? Take a look below!

Pros of Car Lease Takeover

• Cost-Effective: Taking over a lease can often result in lower monthly payments and less upfront cost than initiating a new lease.
• Flexibility: Provides the opportunity to commit to a shorter lease term, giving you the chance to drive a new car more often.
• Immediate Availability: Skip the waiting period for a new vehicle and start driving your chosen car right away.

Cons of Car Lease Takeover

• Mileage Limitations: You’ll inherit the remaining mileage allowance, which may not suit your South County driving needs if the original lease had restrictive terms.
• Condition of the Vehicle: Since the vehicle is not brand new, it may have wear and tear or require maintenance sooner.
• Transfer Fees: Some leases may involve transfer fees or other associated costs, which can affect the overall savings.

Explore Car Lease Takeover Deals at Genesis of South St. Louis County

• Access a wide range of luxury vehicles through our car lease takeover deals.
• Choose from various terms and lease offers to match your Oakville driving needs.
• Benefit from existing lease agreements with potentially lower monthly payments and shorter-term commitments.

At Genesis of South St. Louis County, we are committed to offering the best car lease takeover deals for Fenton drivers and beyond. Our dedicated St. Louis team provides personalized service to ensure your lease takeover experience is hassle-free and tailored to your needs. With our extensive inventory and expert guidance, you can confidently take over a car lease that suits your lifestyle and preferences. Reach out to our finance team with any questions.