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Lease Swap programs...any experience?

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Old Nov 22, 2015 | 12:42 AM
  #1  
scottg61376's Avatar
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'15 S550
Lease Swap programs...any experience?

Anyone ever tried one of the lease swap services (either getting out of a lease or taking over someone else's)?

Thinking of putting my '15 W222 up.
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Old Nov 22, 2015 | 08:29 AM
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I have used swapalease as a buyer and seller

swapalease is a buyers market, so sellers have to provide a significant incentive to move their cars, the site also up sells customers by ever rising costs of providing more exposure with better search results, home page and newsletter, however what sells on the site is driven by the amount of incentives

so unless you are prepared to provide a BIG incentive (5-10K) it will probably not move

or you have a very low payment compared to other similar listings
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Old Nov 22, 2015 | 09:35 AM
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Originally Posted by Steinhart
I have used swapalease as a buyer and seller

swapalease is a buyers market, so sellers have to provide a significant incentive to move their cars, the site also up sells customers by ever rising costs of providing more exposure with better search results, home page and newsletter, however what sells on the site is driven by the amount of incentives

so unless you are prepared to provide a BIG incentive (5-10K) it will probably not move

or you have a very low payment compared to other similar listings
I have used Swapalease as well, and my experience is exactly the same.
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Old Nov 22, 2015 | 05:09 PM
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Same experience here. I leased my 2007 W221 from Swap-a-Lease. The prior owner included a $9,000 incentive which lowered the payment to my targeted $1,100 per month with 1,100 miles per month.
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