Buying FAQ

Yes!
Now it is possible to get out of your vehicle lease before the lease ends without paying early termination charges and penalties, you do have an option with your vehicle lease agreement, equally unknown is that most Finance/Leasing Companies allow vehicles to be transferred to another party without paying excessive termination fees and charges, this is why EasyLeaseTrader.com is a primary example how valuable our service is.

The buyer taking over an in-progress lease on EasyLeaseTrader.com can save a considerable amount of time, money and gain benefits in numerous ways i.e. a no deposit vehicle, payments subsidized by incentives, short term leases which were along term lease, late model with low miles, vehicles available/ not in 6-8 weeks, minimising your depreciation on vehicles compared to purchasing by only paying the depreciation not a big deposit and interest these are just a few examples on how a buyer saves money, time and gain benefits by utilizing our services.

The ways to search for a leased vehicle on EasyLeaseTrader.com have been made simple and easy to use we have devised a search engine within our management system for you to access a search via our database of vehicles. You can search by make and model which in return give a choice of vehicles; you can then define your search to contract term, payments, months remaining and type of contract being business or personal. All are vehicles listed on the website have an ID if you already know the vehicle ID you’re searching for type into our EasyLeaseTrader.com ID section, this in return will return your required vehicle listed under the ID number.

No! All the leased vehicles on EasyLeaseTrader.com are currently under lease by a Finance/Leasing company and are traded by the current lessee. When a buyer takes over a lease the same original terms and conditions apply, they are not agreeing to a new lease only agreeing to take over an in-progress lease with the Finance/Leasing Company.

All buyers taking over an in-progress leased vehicle have to complete and submit a proposal form (credit check) through the existing Finance/Leasing Company that owns the vehicle, this is worked on a credit scoring points system and the decision is solely at the Finance/Leasing Companies discretion, so it is difficult to define what history is required to attain approval on a lease transfer. If you are concerned about your credit history they are companies that will do a credit report for a nominal fee of £2.00-£4.00.

EasyLeaseTrader.com has vehicles registering every day, so if the vehicle of your desired choice is not available go to your account and register with vehicles wanted this will then prompt an email to you when one comes available.

The monthly rentals payable are calculated considering many factors. These include the purchase price, the mileage agreed and the future predicted value of the vehicle (residual value). If the residual value of certain cars is far higher than other in its class, despite the fact that the purchase price maybe higher the monthly rentals may be lower.

Yes, this usually can be done. You will need to contact the Finance/Leasing Company concerned to arrange an alternative agreement, this in turn means altering the scheduled monthly payments.

The car is returned to the Finance/Leasing Company concerned.

In normal circumstances when this happens the Insurance Company negotiates direct with the Finance/Leasing Company, but do check with the company concerned as policies do vary, we also recommend considering G.A.P and Early Termination Insurance.

These are collected by the direct debit scheme; a mandate should be signed on completion of documents.

Selected Vehicles

2006 Volvo XC90
£446 for 11 months
2005 Volvo XC90
£425 for 19 months
2005 BMW 3 Series
£443 for -2 months
2002 Renault Avantime
£383 for -4 months