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Open Lease Transfer !

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Old 10-04-2019, 09:57 PM
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Open Lease Transfer !
trying to find someone to take over my lease and found this company name "OPEN LEASE TRANSFER". They will look for a qualified buyer for my lease and in the meantime, they make my monthly payments. Also, I must authorize them to rent my car while they are looking for a qualified buyer! Has anyone heard of them before? Is this a good idea?
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Old 10-05-2019, 02:15 PM
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Originally Posted by pierno80
trying to find someone to take over my lease and found this company name "OPEN LEASE TRANSFER". They will look for a qualified buyer for my lease and in the meantime, they make my monthly payments. Also, I must authorize them to rent my car while they are looking for a qualified buyer! Has anyone heard of them before? Is this a good idea?
Never heard of them but I would not consider it... Rent while they find someone.... Who has liability for possible damages, what if they don't find a buyer? You get back a car that was possibly abused, damaged and repaired by who, with what quality work? Not me... OCD wont let me...
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Old 10-05-2019, 02:37 PM
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They insured the car and keep the mileage around the term of the contract. If mileage goes over, they would pay the extra mileage charge !
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Old 10-05-2019, 10:23 PM
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Sounds retarded, and a nightmare in the making.
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Old 10-07-2019, 05:01 PM
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Wouldnt it be the same if you just rent your car out on turo until you find a person to transfer lease to?
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