Lease Takeover in Canada: Assuming Someone Else’s Car Lease
What Is a Lease Takeover and Why Should Canadians Consider One?
A lease takeover — sometimes called a lease transfer or lease assumption — is a financial arrangement where you take over the remaining months of someone else’s vehicle lease. Instead of committing to a brand-new 36- to 60-month lease from a dealership, you step into an existing contract, often with a shorter commitment period, lower upfront costs, and potentially significant monthly savings.
For Canadians navigating the complexities of vehicle financing — especially those working to rebuild credit or manage tight budgets — lease takeovers present a compelling alternative to traditional car financing. Platforms like LeaseBusters, Canada’s largest lease marketplace, have made this process more accessible than ever, connecting people who need to exit their lease with those looking for a great deal on a vehicle.
A lease takeover lets you assume someone else’s existing car lease, often with a shorter term, lower costs, and potential cash incentives — making it an attractive option for Canadians who want a newer vehicle without a long-term financial commitment.
In this comprehensive guide, we’ll walk you through everything you need to know about lease takeovers in Canada: how the process works, what credit requirements you’ll face, the financial benefits and risks, provincial considerations, and step-by-step instructions for both assuming and transferring a lease. Whether you’re looking to save money on your next vehicle or you need to get out of a lease early, this guide has you covered.
Understanding Vehicle Leasing in Canada: The Basics
Before diving into lease takeovers specifically, it helps to understand how vehicle leasing works in Canada. When you lease a car, you’re essentially paying for the vehicle’s depreciation over a set period — typically 24, 36, 48, or 60 months — rather than paying the full purchase price.
How a Standard Lease Works
A standard vehicle lease involves several key components:
- Capitalized cost: The negotiated price of the vehicle (similar to a purchase price).
- Residual value: The estimated value of the vehicle at the end of the lease term.
- Money factor: The interest rate expressed as a factor (multiply by 2,400 to get the approximate annual percentage rate).
- Monthly payment: Calculated based on the difference between the capitalized cost and residual value, plus interest and fees.
- Mileage allowance: A set number of kilometres you can drive annually (typically 16,000 to 24,000 km/year) without incurring excess mileage charges.
Why People Want to Exit Their Leases Early
There are many reasons someone might want out of their lease before it ends. Job loss, relocation, changes in family size, or simply wanting a different vehicle can all motivate someone to transfer their lease. Early lease termination through the leasing company typically involves hefty penalties — often thousands of dollars. A lease takeover allows the original lessee to avoid these penalties by finding someone else to assume the remaining payments.
The Lease Takeover Process in Canada: Step by Step
Understanding the lease takeover process from both sides — the person assuming the lease and the person transferring it — is essential for a smooth transaction.
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Step 1: Search for Available Lease Takeovers — Browse platforms like LeaseBusters.com, Kijiji, or Facebook Marketplace for available lease transfers. Filter by make, model, monthly payment, remaining term, and location. LeaseBusters is the most established Canadian platform, listing thousands of vehicles across all provinces.
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Step 2: Review the Lease Details Carefully — Before committing, examine all lease terms including monthly payment amount, remaining months, annual mileage allowance and kilometres already driven, any cash incentives being offered, wear-and-tear conditions, and the buyout price at lease end.
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Step 3: Contact the Current Lessee — Reach out to the person looking to transfer their lease. Ask about the vehicle’s condition, maintenance history, reason for transfer, and whether they’re offering any cash incentives to sweeten the deal.
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Step 4: Inspect the Vehicle — Always inspect the vehicle in person or arrange a professional pre-purchase inspection. Check for damage, excessive wear, mechanical issues, and verify the odometer reading against the lease terms.
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Step 5: Apply for Credit Approval — The leasing company will run a credit check to ensure you qualify to assume the lease. This is where your credit score and financial history come into play. Different manufacturers and leasing companies have different credit requirements.
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Step 6: Complete the Transfer Paperwork — Once approved, both parties sign the lease transfer documents. The leasing company will prepare new paperwork reflecting the change in lessee. Transfer fees typically range from $50 to $500+ depending on the leasing company.
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Step 7: Update Insurance and Registration — As the new lessee, you must arrange your own auto insurance and update the vehicle registration in your province. Ensure continuous coverage from the day the transfer takes effect.
Credit Requirements for Lease Takeovers in Canada
One of the most important aspects of a lease takeover is the credit approval process. The leasing company needs to be confident that you can make the remaining payments, so they will evaluate your creditworthiness just as they would for a new lease.
Minimum Credit Score Requirements
Credit requirements vary by manufacturer and leasing company, but here are general guidelines:
| Credit Score Range | Approval Likelihood | Typical Conditions |
|---|---|---|
| 750+ | Excellent — very likely approved | Best rates, no additional security deposit |
| 680–749 | Good — likely approved | Standard terms, may need proof of income |
| 620–679 | Fair — possible approval | May require a co-signer or larger security deposit |
| Below 620 | Challenging — case-by-case basis | Co-signer likely required; some companies will decline |
If your credit score is below 680, don’t assume you’ll be automatically denied for a lease takeover. Some leasing companies are more flexible than others, and having a strong income, stable employment, and a co-signer can significantly improve your chances of approval.
What Leasing Companies Look For Beyond Credit Scores
Your credit score is just one factor. Leasing companies also consider:
- Employment history: Stable employment with a consistent income is highly valued.
- Debt-to-income ratio: How much of your monthly income goes toward existing debt payments.
- Bankruptcy or consumer proposal history: Recent insolvency events can be a significant barrier, though some companies will consider applicants who have been discharged for 2+ years.
- Existing relationship: If you already have products or a history with the leasing company, this can work in your favour.
“Many Canadians with credit scores in the ‘fair’ range assume they can’t qualify for any type of vehicle lease. In reality, lease takeovers can sometimes be easier to get approved for than new leases because the vehicle has already depreciated and the remaining balance is lower, reducing the leasing company’s risk.” — Credit Resources Editorial Team
LeaseBusters: Canada’s Premier Lease Marketplace
LeaseBusters has been operating since 1990 and is widely recognized as Canada’s largest and most trusted lease marketplace. Understanding how this platform works is essential for anyone considering a lease takeover.
How LeaseBusters Works
LeaseBusters acts as a matchmaking service between lease sellers and buyers. Here’s how the platform operates:
- For sellers (those wanting to transfer their lease): List your vehicle with details about the lease terms, mileage, condition, and any cash incentives you’re offering. LeaseBusters charges the seller a listing fee.
- For buyers (those looking to assume a lease): Browse the listings for free. You can search by vehicle make, model, location, monthly payment, and remaining lease term.
What LeaseBusters Listings Typically Include
Each listing on LeaseBusters provides detailed information:
- Vehicle year, make, model, and trim level
- Monthly payment amount (including taxes in most cases)
- Remaining months on the lease
- Annual mileage allowance and kilometres remaining
- Cash incentives offered by the seller
- Down payment or transfer fee requirements
- Buyout price at lease end
- Vehicle photos and condition description
Alternatives to LeaseBusters
While LeaseBusters is the most established platform, other options exist for finding lease takeovers in Canada:
- Kijiji: Canada’s largest classifieds site often has lease transfer listings in the Autos section.
- Facebook Marketplace: Increasingly popular for vehicle transactions including lease transfers.
- AutoTrader.ca: Some lease transfer listings appear among regular vehicle listings.
- Leasebusters competitors: Smaller platforms like LeaseExit.com and SwapALease.com (more US-focused but with some Canadian listings).
Financial Benefits of Lease Takeovers
The financial advantages of assuming someone else’s lease can be substantial. Let’s break down the key areas where you can save.
Cash Incentives from the Original Lessee
Perhaps the most attractive aspect of lease takeovers is the cash incentive. Many people who need to get out of their lease quickly will offer cash payments to anyone who takes it over. These incentives can range from a few hundred dollars to $5,000 or more, depending on how urgently the seller needs to exit the lease and how many months remain.
Lower Monthly Payments
Because the vehicle has already depreciated during the initial months of the lease, and because sellers often offer incentives that effectively reduce your net monthly cost, lease takeovers frequently come with lower effective monthly payments than comparable new leases.
Shorter Commitment Period
Instead of locking into a 48- or 60-month lease, you might find a takeover with just 12, 18, or 24 months remaining. This shorter commitment gives you more flexibility and less long-term financial risk.
No Down Payment (In Many Cases)
While new leases often require a down payment of $1,000 to $5,000 or more, many lease takeovers require little to no money upfront beyond the transfer fee. The original lessee has already made the initial down payment.
Sample Cost Comparison
| Cost Factor | New 48-Month Lease | Lease Takeover (24 months remaining) |
|---|---|---|
| Down payment | $3,000 | $0 |
| Monthly payment | $550/month | $550/month |
| Cash incentive received | $0 | $2,500 |
| Transfer/admin fee | N/A | $350 |
| Total commitment | 48 months | 24 months |
| Total cost over lease term | $29,400 | $11,050 |
| Effective monthly cost | $612.50 | $460.42 |
“I saved over $3,000 by taking over someone’s lease on a 2024 Honda CR-V with just 18 months left. The seller was relocating to Europe and offered me $2,500 cash plus covered the transfer fee. It was the best car deal I’ve ever made.” — Sarah M., Toronto, Ontario
Potential Risks and Downsides of Lease Takeovers
While lease takeovers offer many advantages, there are important risks and potential pitfalls you should be aware of before committing.
Wear and Tear Liability
When you assume a lease, you typically assume responsibility for the vehicle’s condition at lease end — including any pre-existing damage. This means you could be charged for wear and tear that occurred before you took over the lease. To protect yourself:
- Document the vehicle’s condition thoroughly with photos and video at the time of transfer.
- Get a professional vehicle inspection before finalizing the transfer.
- Negotiate with the original lessee to have any existing damage repaired before the transfer.
- Check if the leasing company offers a lease-end protection package you can add.
Mileage Limitations
The annual mileage allowance was set when the original lease was signed. If the previous lessee has driven significantly more than expected, you may be left with very few kilometres to work with. Conversely, if they drove very little, you might have extra mileage room — a bonus.
Before assuming a lease, calculate the remaining mileage carefully. Divide the total remaining allowance by the months left on the lease to determine your average monthly kilometre budget. Excess mileage charges typically range from $0.08 to $0.25 per kilometre, which can add up quickly.
No Vehicle Choice
Unlike a new lease where you can select the exact make, model, colour, and options you want, a lease takeover limits you to what’s available on the market. You might need to compromise on colour, trim level, or features.
Transfer Fees and Administrative Costs
Most leasing companies charge a transfer fee, and there may be additional administrative costs. These fees can range from $50 to $500 or more, depending on the company. Some popular manufacturer leasing company transfer fees include:
| Leasing Company / Manufacturer | Approximate Transfer Fee | Allows Lease Transfers? |
|---|---|---|
| Honda Financial Services | $100–$250 | Yes (conditions apply) |
| Toyota Financial Services | $250–$350 | Yes |
| BMW Financial Services | $350–$500 | Yes |
| Mercedes-Benz Financial | $350–$500 | Yes (case by case) |
| Hyundai Capital Canada | $150–$300 | Yes |
| Ford Credit | $200–$350 | Yes (conditions apply) |
| GM Financial | Varies | Limited — check with dealer |
Original Lessee May Remain Liable
In some cases, the original lessee remains on the hook as a co-signer or guarantor even after the lease transfer. This varies by leasing company and province. As the new lessee, this doesn’t directly affect you, but it’s worth understanding the full picture.
Provincial Considerations for Lease Takeovers in Canada
Vehicle leasing and registration rules vary by province, and these differences can affect your lease takeover experience.
Ontario
Ontario is the largest market for lease takeovers in Canada. The province uses the Used Vehicle Information Package (UVIP) for private vehicle sales, but lease transfers work differently since the ownership remains with the leasing company. You’ll need to update your vehicle registration with ServiceOntario and obtain new licence plates or transfer existing ones.
Quebec
Quebec has strong consumer protection laws under the Consumer Protection Act. Lease agreements are strictly regulated, and some provisions may affect how lease transfers work. Quebec also requires vehicle inspections for out-of-province vehicles.
British Columbia
BC’s Motor Vehicle Sales Authority (MVSA) oversees vehicle transactions. Lease transfers involving a change of province may require additional inspections. BC also has unique insurance requirements through ICBC.
Alberta
Alberta doesn’t charge provincial sales tax (PST), which can make lease payments lower compared to other provinces. However, if you’re taking over a lease from another province, you may need to address tax differences with the leasing company.
Other Provinces and Territories
Each province and territory has its own vehicle registration, insurance requirements, and tax structures. Key considerations include:
- Saskatchewan: Vehicle insurance through SGI (Saskatchewan Government Insurance).
- Manitoba: Vehicle insurance through MPI (Manitoba Public Insurance).
- Atlantic Provinces: HST applies to lease payments; insurance through private providers.
- Territories: Fewer lease takeover opportunities due to smaller populations; may involve long-distance transactions.
“Cross-provincial lease takeovers are possible but add complexity. You’ll need to ensure the vehicle meets your province’s safety and emissions requirements, update registration, and arrange province-specific insurance. Work closely with the leasing company to ensure all paperwork is properly handled across jurisdictions.” — Credit Resources Editorial Team
Lease Takeover Tips for People with Bad Credit
If you have a lower credit score, don’t give up on the idea of a lease takeover. Here are strategies that can help:
1. Build Your Credit Before Applying
If your lease takeover isn’t urgent, spend 3 to 6 months actively building your credit. Pay all bills on time, reduce credit card balances below 30% of your limits, and correct any errors on your credit report.
2. Find a Co-Signer
A co-signer with good credit can significantly improve your chances of approval. The co-signer agrees to take responsibility for the lease payments if you default. Choose someone who trusts you and understands the commitment they’re making.
3. Offer a Larger Security Deposit
Some leasing companies will approve applicants with lower credit scores if they provide a larger security deposit. This reduces the company’s risk and shows your commitment to the lease.
4. Target Leases with Lower Monthly Payments
A lower monthly payment relative to your income makes you a less risky borrower in the leasing company’s eyes. Look for takeovers with modest monthly obligations.
5. Use the Lease Takeover to Build Credit
Successfully completing a lease takeover — making all payments on time — adds a positive tradeline to your credit report. This can significantly boost your credit score over the remaining lease term.
A lease takeover can serve double duty: giving you access to a reliable vehicle while simultaneously building your credit history through consistent, on-time payments reported to the credit bureaus.
How to Transfer Your Lease to Someone Else
If you’re on the other side of the equation — looking to get out of your lease — here’s how to successfully transfer your lease to a new person.
Check Your Lease Agreement First
Not all leases allow transfers. Review your lease contract or contact your leasing company directly to confirm:
- Whether lease transfers are permitted under your agreement.
- What fees are involved in the transfer process.
- Whether you’ll remain liable after the transfer (some companies release you; others keep you as a guarantor).
- Any restrictions on who can assume the lease (credit requirements, geographic limitations, etc.).
Price Your Transfer Competitively
To attract potential buyers quickly, consider:
- Offering a cash incentive (this is standard practice and significantly increases interest).
- Covering the transfer fee yourself rather than passing it to the buyer.
- Pricing your incentive based on how urgently you need to transfer and how many months remain.
Prepare Your Vehicle
First impressions matter. Before listing your vehicle:
- Get a professional detail (interior and exterior cleaning).
- Address any minor repairs or damage.
- Gather maintenance records to show the vehicle has been well cared for.
- Take high-quality photos from multiple angles.
Lease-End Options After a Takeover
When the assumed lease reaches its end, you typically have three options:
1. Return the Vehicle
Simply return the vehicle to the dealership, pay any applicable end-of-lease charges (excess mileage, wear and tear), and walk away. This is the most straightforward option.
2. Buy Out the Vehicle
If you love the car, you can purchase it at the residual value stated in the lease. This can be a great deal if the vehicle’s market value exceeds the residual value. Get a vehicle appraisal before deciding.
3. Negotiate a New Lease
Some dealerships will offer you a new lease on a current model, sometimes with loyalty incentives. This is worth exploring if you’ve enjoyed the leasing experience.
The buyout option can be particularly attractive in a market where used vehicle prices are high. If the residual value in your lease is lower than what the vehicle is worth on the open market, you can buy it out and either keep a great deal or sell it for a profit.
Insurance Considerations for Lease Takeovers
Auto insurance is a critical component of any lease takeover. The leasing company requires you to maintain specific coverage levels throughout the lease term.
Minimum Insurance Requirements
Most leasing companies require:
- Comprehensive coverage: Protects against theft, vandalism, weather damage, and other non-collision events.
- Collision coverage: Covers damage from accidents regardless of fault.
- Liability coverage: Minimum $1 million in most provinces (some leasing companies require $2 million).
- Loss payee clause: The leasing company must be listed as the loss payee (first payable) on the policy.
GAP Insurance
Guaranteed Asset Protection (GAP) insurance covers the difference between what you owe on the lease and what the vehicle is worth if it’s totalled or stolen. Some lease agreements include GAP coverage; others don’t. If your takeover lease doesn’t include GAP coverage, strongly consider purchasing it separately, especially if the buyout amount is higher than the vehicle’s current market value.
Shopping for Insurance
Get quotes from multiple insurers. Mention that you’re assuming a lease, as this can sometimes affect your premium. In provinces with public auto insurance (BC, Saskatchewan, Manitoba), you’ll work through the provincial insurer for basic coverage but can add optional coverage through private insurers.
Tax Implications of Lease Takeovers in Canada
Understanding the tax side of lease takeovers helps you calculate the true cost and avoid surprises.
Sales Tax on Lease Payments
In Canada, GST/HST applies to monthly lease payments. The rate depends on your province:
| Province/Territory | Tax Rate on Lease Payments | Tax Type |
|---|---|---|
| Alberta | 5% | GST only |
| British Columbia | 12% | GST + PST |
| Ontario | 13% | HST |
| Quebec | 14.975% | GST + QST |
| Nova Scotia | 15% | HST |
| Saskatchewan | 11% | GST + PST |
| Manitoba | 12% | GST + PST |
Business Use Deductions
If you use the leased vehicle for business purposes, a portion of the lease payments may be tax-deductible. The CRA allows deduction of lease costs up to a maximum of $950 per month (plus applicable taxes) for passenger vehicles, subject to other limitations. Consult with a tax professional to ensure you’re claiming the correct amount.
Cash Incentives and Tax
Cash incentives received from the original lessee are generally not considered taxable income for personal use. However, if you’re using the vehicle for business, consult with your accountant about how incentives might affect your deduction calculations.
Common Lease Takeover Mistakes to Avoid
Learning from others’ mistakes can save you time, money, and headaches. Here are the most common pitfalls:
1. Not Reading the Full Lease Agreement
The lease you’re assuming was negotiated by someone else. Read every clause carefully. Pay special attention to mileage limits, wear-and-tear definitions, early termination clauses, and end-of-lease obligations.
2. Skipping the Vehicle Inspection
Never assume a lease without physically inspecting the vehicle or having a trusted mechanic do so. Hidden mechanical issues or undisclosed damage can cost you thousands at lease end.
3. Ignoring the Mileage Situation
Calculate exactly how many kilometres remain on the lease allowance. If the previous driver used most of the mileage, you might face steep overage charges even with normal driving habits.
4. Forgetting About End-of-Lease Costs
Budget for potential end-of-lease charges including disposition fees (typically $300 to $500), excess mileage charges, and wear-and-tear assessments. These costs are often overlooked but can add up.
5. Not Comparing to Other Options
A lease takeover isn’t always the best deal. Compare the total cost against new leases, used car purchases, and financing options to ensure you’re truly getting the best value.
“The biggest mistake I see people make with lease takeovers is not doing the math on total cost of ownership. Factor in insurance, the transfer fee, potential end-of-lease charges, and any maintenance due during the remaining term. Only then can you truly compare it to other options.” — Automotive Finance Specialist
Electric Vehicle Lease Takeovers: A Growing Opportunity
With the rapid growth of electric vehicles (EVs) in Canada, EV lease takeovers represent an exciting opportunity. Federal and provincial EV incentives were applied to the original lease, often resulting in lower payments that carry over to the new lessee.
Why EV Lease Takeovers Are Attractive
- Lower fuel costs: Electricity is significantly cheaper than gasoline, reducing your total transportation costs.
- Incentive benefits already baked in: Federal iZEV incentives (up to $5,000) and provincial rebates were applied to the original lease, keeping payments low.
- Try before you commit: A short-term lease takeover lets you experience EV ownership without a long-term commitment.
- Growing charging infrastructure: Canada’s charging network is expanding rapidly, making EV ownership more practical each year.
EV-Specific Considerations
When evaluating an EV lease takeover, also consider:
- Battery health: Check the battery’s state of health (SOH) percentage if possible.
- Charging setup: Do you have access to home charging? Factor in the cost of Level 2 charger installation if needed (typically $1,000 to $2,500).
- Range vs. your needs: Ensure the vehicle’s range meets your daily driving requirements, especially in Canadian winters when range can drop 20-40%.
Lease Takeover Checklist: Before You Sign
Use this comprehensive checklist before finalizing any lease takeover:
| Category | Item to Verify | Status |
|---|---|---|
| Vehicle | Professional inspection completed | ☐ |
| Vehicle | Vehicle history report reviewed (CARFAX or AutoCheck) | ☐ |
| Vehicle | Current condition documented with photos/video | ☐ |
| Lease Terms | Monthly payment amount confirmed | ☐ |
| Lease Terms | Remaining months verified | ☐ |
| Lease Terms | Mileage allowance and current odometer checked | ☐ |
| Lease Terms | Buyout/residual value noted | ☐ |
| Financial | Transfer fee amount confirmed | ☐ |
| Financial | Cash incentive (if any) agreed upon in writing | ☐ |
| Financial | Insurance quotes obtained | ☐ |
| Administrative | Lease company confirms transfer eligibility | ☐ |
| Administrative | Credit approval obtained | ☐ |
| Administrative | Province-specific registration requirements identified | ☐ |
Frequently Asked Questions About Lease Takeovers in Canada
Can I negotiate the monthly payment on a lease takeover?
No, the monthly payment is set in the original lease agreement and cannot be changed. However, cash incentives from the seller effectively reduce your net monthly cost. You can negotiate the size of the cash incentive and who pays the transfer fee.
Do I need a down payment for a lease takeover?
In most cases, no. The original lessee already made the down payment. However, the leasing company may require a security deposit depending on your credit profile, and you’ll need to pay the transfer fee (typically $50 to $500).
Will a lease takeover appear on my credit report?
Yes. Once you assume the lease, the monthly payments will be reported to the credit bureaus (Equifax and TransUnion in Canada). Making payments on time will positively impact your credit score, while missed payments will hurt it.
Can I return the vehicle early if I take over a lease?
You can, but the same early termination penalties that apply to any lease will apply to you. These can be substantial. The advantage of a takeover is that the remaining term is usually shorter, so you’re closer to the natural end of the lease.
What happens if the original lessee has outstanding payments?
The leasing company will typically require all outstanding payments to be settled before approving the transfer. This is the seller’s responsibility, not yours. Verify that the account is current before proceeding.
Can I take over a lease from someone in a different province?
Yes, but there are additional steps involved including a provincial vehicle inspection, updating registration in your home province, arranging province-specific insurance, and potentially addressing tax differences. The leasing company must also approve the interprovincial transfer.
Is lease takeover better than buying a used car?
It depends on your situation. Lease takeovers offer lower monthly payments, no long-term commitment, and you’re driving a relatively new vehicle. However, you don’t build equity, there are mileage restrictions, and you must return the vehicle in good condition. Buying a used car gives you ownership but typically requires a larger upfront investment and may come with higher maintenance costs.
How long does the lease transfer process take?
The process typically takes 1 to 3 weeks from initial application to completion. This includes credit approval (3-7 business days), paperwork processing (3-5 business days), and insurance and registration updates (1-3 days).
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Final Thoughts: Is a Lease Takeover Right for You?
Lease takeovers represent one of Canada’s best-kept secrets in vehicle financing. For budget-conscious Canadians, those rebuilding credit, or anyone who wants the flexibility of a shorter vehicle commitment, assuming someone else’s lease can offer remarkable value.
The key to a successful lease takeover is thorough research and due diligence. Use platforms like LeaseBusters to find opportunities, carefully evaluate the vehicle and lease terms, understand the credit requirements, and protect yourself by documenting the vehicle’s condition at transfer.
Whether you’re looking to drive a nicer vehicle than you could otherwise afford, need a car for a temporary work assignment, or want to use consistent lease payments to build your credit history, a lease takeover could be the perfect solution. Just remember: do your homework, run the numbers, and never rush into a financial commitment without understanding the full picture.
Join 10,000+ Canadians who started their credit journey with Credit Resources.
GET STARTED NOWLease takeovers in Canada offer shorter commitments, potential cash incentives, and no down payment requirements — making them an excellent option for cost-conscious drivers. Use platforms like LeaseBusters, verify all lease terms carefully, and ensure you meet credit requirements before applying. With the right approach, a lease takeover can save you thousands while keeping you behind the wheel of a quality vehicle.
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