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How EasyLeaseTrader Works


General FAQ
The cost for our service is £295 + vat whether you are buying or selling a lease. Some finance companies do charge a transfer fee which we will make you aware of at the beginning of the transfer process - this fee is payable by yourself directly to the relevant leasing company involved. There are no other fees charged by EasyLease Trader.
EasyLeaseTrader.com is a new marketplace innovation in lease trading it is specifically designed to trade vehicle leases, our aim is to transfer leases from company/individuals prior to termination or trying to exit there vehicle lease, to another company/individual that are looking to take on a used vehicle lease, and find a great deal on short term, no deposit and available immediately.
Any Lessee ( seller) that is in a progress vehicle lease whose Finance/Leasing Company allows you to transfer your obligation to another company/individual.
Buyers looking can also benefit with regard to EasyLeaseTrader.com by searching our database of leased vehicles and finding an in progress lease for immediate delivery (on approval of signed documents and cooling off period ) on short term, late model, no deposit lease.
It works on the basis that a lease seller (lessee) advertises their in progress vehicle on EasyLeaseTrader.com, where we attract a target audience of potential lease buyers who can communicate and come together online. We then guide the seller and buyer through the transfer process with there Finance/Leasing Company.
For a detailed guide of the process go to learn more/how it works on the homepage.
Yes, you can swap a lease with someone. But each vehicle advertised on EasyLeaseTrader.com is handled individually, meaning the two transactions are processed separately.
We would advise you try and do both to take full advantages of our services on offer; EasyLeasetrader.com has designed the website for this purpose in mind, sell to buy, but the transactions are handled separately, your user account can be utilised for as many transfers, communications or viewings of vehicles possible all in one area from a single username and password.
With EasyLeaseTrader.com you will gain a target audience of thousands of interested lease buyers and national exposure within the leasing marketplace. We will guide you through the steps to initiate the transfer, and the initiation process with you Finance/Leasing Company, also we assist you in finding an interested lease purchaser and assure that you are transferring your lease properly per your Finance/Leasing Company’s policy.
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 lease initiation process is the same for all Finance/Leasing Companies. The Company/individual wanting to take over the lease submits a proposal form (credit check) through EasyLeaseTrader.com to the Finance/Leasing Company which will determine whether you are eligible to take over the lease. Once approved from the Finance/Leasing Company and contractual documents are signed and returned for processing at this point the transfer can proceed. They will be fees applicable to the Finance/Leasing Company upon transfer these vary from company to company, EasyLeaseTrader.com is here to advise you of these variations and details as go through the stages of the process.
You might not need to; it is up to the workings of the website management system whether you need to register in order to access further information and communicate with other guest users. However, registration will also give you additional features; it only takes a few minutes to register so it is recommended to do so.
Yes, EasyLeaseTrader.com is in the process of compiling each individual Finance and Leasing Companies basic transfer policies and fees, to then add the full list to the website this will be a facility that all lessee’s can access direct. If you need information on your leasing company contact us with any questions and we will update you on progress.
Yes, they are transitional fees applicable when you transfer your vehicle lease. Firstly there is a required fee payable to the Finance/Leasing Company, who owns title of the lease this could range anywhere from £100-£400; they also may charge a proposal application fee. All Finance/Leasing companies have there own charges and fee structure when it comes to the transfer, so always check prior to transfer, so not to have any unforeseen bills later down the line. Next the nominal fees charged by EasyLeaseTrader.com for the advertisement, and to guide you through the transfer process, they are also potential lease-end fees that you should be aware of as well.
Yes, “Buyers” and “Sellers can negotiate details of the lease transfer as long as they do not interfere or change the rules set out by the Finance/Leasing Companies policy or in violation of any laws. The terms of the lease that remain unchanged and are strictly controlled by the Finance/leasing Company are the mileage allowance, monthly scheduled payment, term of contract and contract end date. The way buyers and sellers negotiate freely in lease transfers by a controlled verbal agreement is by, if a seller would offer or requires cash upfront, who pays the Finance/Leasing companies fees or seller pays inspection fee these can all be incentives surrounding the vehicle as part of the transfer deal. EasyLeaseTrader.com will not have total control of these but can assist in these details, we will not be held responsible for such agreements.
Once the buyer has searched and found the required vehicle the buyer then will access there account to communicate and ask random question to the seller via our internal mailing system, once buyer has agreed to take over the leased vehicle, EasyLeaseTrader.com is then notified and takes over the process from this point to facilitate the details of the vehicle lease transfer with you Finance/Leasing Company.
It is all based on a scale which is dependant on a number of factors. Firstly Finance/Leasing Company the factors here are how long can they complete the process, some a few days others a week, credit approval some 24 hours others 48 hours, compiling and processing the required documents this generally takes 2 to 4 working days. You now, under a new legislation by the FSA (Financial Services Authority), have what is called a cooling off period of 14 days which starts the day the signed documents are received at the Finance/Leasing Company.
EasyLeaseTrader.com will guide you through the appropriate documents and advise you when to pay the fees in relation to each stage of the completion. The process is complete when all documents and fees are received by Finance/Leasing Company for the transaction and buyer has had their cooling of period.
As the security deposit has been paid by the lessee (seller) this could be used as an incentive to a buyer. Each Finance/Leasing Company has there own policy details on dealing with this situation when a transfer process arises, some may return to the lessee (seller), while other companies may allow the deposit to carry over to the new lessee (buyer).
The responsibility of all lease-end charges lie with the lease buyer at the termination of the contractual lease-end period. The lease buyer taking over the reminder of the in-progress lease is made liable by ways of the terms included in the official contractual documents; The Finance/Leasing Companies charge a range of fees relating to excess mileage charge and excess wear and tear fees so EasyLeaseTrader.com recommends the buyer has a qualified inspection to the condition of the vehicle prior to handover this then should avoid any disputes over the condition at the lease end period.
Easyleasetrader.com is not aware of any Finance/Leasing company that allows you to transfer your vehicle outside the UK , but could become available in the near future, it is possible to transfer your vehicle anywhere within the boundaries of the UK .
When the buyer and seller are a distance from each other there is a number of ways to administer the viewing and delivery transfer, firstly the buyer and seller normally arrange to inspect the vehicle between the parties’ concerned by either driving to view the vehicle or have the vehicle inspected independently by a qualified inspector they then can also have the vehicle driven or transported which will incur an applicable charge. EasyLeaseTrader.com can arrange for an inspection or delivery of any vehicle available on our website please call for details.
Finance/Leasing Companies deal with vehicle lease-end returns policies individually, if a Finance/Leasing Company allows a buyer to take over a lease it will have provisions in place for returns, the usual process is the company will write or contact you prior to your lease-end to arrange a date, time and place for collection.
With EasyLeaseTrader.com being a new innovation and service, and with our extensive research in all aspects of leasing and lease trading in the UK, USA and Canada we believe there is a greater market in the UK for lease transfers than anticipated. On testing within our research and completing transfers in order to backup the viability of our service to then ensure it works effectively, EasyLeasetrader.com have been able to develop a cost effective solution and a desired marketplace for sellers opting out of there lease , with opportunities being offered to buyers taking over them, being, shorter term contracts, offered incentives, and vehicles available now not in 6-8 weeks, and a understanding that the sellers success is determined by the value presented within the lease and vehicle being offered, so this means that if the monthly payment and miles remain on the lease are competitive then a buyer could source a vehicle and complete a transfer sooner. Sellers are given options before advert goes live as to whether they want to increase the visibility by displaying there vehicle in certain sections of EasyLeaseTrader.com this again would prove effective for buyers.
All buyers and sellers registering will be given an account in an area within EasyLeaseTrader.com, where information and communication can be viewed between both parties; this is accessed by username and password through our website management console and distributed through our internal mailing system. The account can do a number of commands like how many vehicles it traded, how many hits the vehicle received and is also where the lease transfer is initiated when a buyer agrees to take over the lease.
EasyLeaseTrader.com allows buyers and sellers to communicate direct at the early stages of the process by our internal mailing system asking standard questions to each other, at the early transfer stage EasyLeaseTrader.com then acts as an agent liaising between the parties concerned once signed documents are signed and complete we then allow direct contact between the parties to arrange other lease transfer details.
No! You have to register as a buyer or a seller and create an account before doing so. The reason EasyLeaseTrader.com asks users to register is for there own confidentiality and a generated controlled environment.
Yes! EasyLeasetrader.com is here to help with all vehicle leasing concerns, questions and feedback at any time. Contact details can be found here

