Short Term Car Lease  

Also see:

take over lease

swap a lease

lease trade

 

The term, Short Term Car Lease, generally refers to being able to lease a car for less than 24 months, which is the minimum lease term for new cars from dealers.

A few car manufacturers have, and will continue to try, 12 month leases but there are few advantages for either the company or for automotive consumers.

Generally, people who are searching for a 6 month or 12 month car lease are better served by a long-term rental from a national or local car rental company.

The best way to accomplish a short-term lease is to take over a lease from someone who wants out of their current lease, and has some number of months remaining. the remaining months could be as little as 6 months or as much as 60 months. Each situation is different.

By taking over a lease, the new lessee assumes responsibility for the terms of the original lease contract. The process is one that involves the lease company making the necessary paperwork and contract changes.

At the end of a short term lease takeover, the new lessee is responsible for returning the vehicle to the lease company, or optionally buying the vehicle. If the vehicle is returned, the new lessee can be charged for excessive damages or mileage just as the original lessee would have if they had kept their vehicle.

Swapalease is one of the companies that can help find a short-term lease deal on the Internet. The service helps match up "buyers" with "seller." A small fee is charged to both.

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