lease swaps

juxtapose · 02-19-2013, 12:35 PM

Hey guys, i want to swap over a lease and was wondering if any of you guys had any experience with swapalease / leasetrader websites. If so what's the process like? How fast was everything?

From my understanding of the lease transfer process. The person gets a package in the mail to fill out and BMW does a credit check. After they pay the 500$ if they wish to continue the process and thats about it?

Experts chime in

S_M · 02-19-2013, 02:04 PM

You've got the process right. BMW will send them the app, they fill it out, get thier credit run, and then are approved. The whole deal can happen within a week or two.

I would argue against swapalease/leasetrader. Swapalease was expensive, and gave me almost no results. They also have terrible nagging salespeople that call constantly and try to upsell thier BS packages.

Try Craigslist first, I got 10x more hits than swapalease and ultimatley a sale.

juxtapose · 02-19-2013, 05:44 PM

Quote:

Originally Posted by smohr33

You've got the process right. BMW will send them the app, they fill it out, get thier credit run, and then are approved. The whole deal can happen within a week or two.

I would argue against swapalease/leasetrader. Swapalease was expensive, and gave me almost no results. They also have terrible nagging salespeople that call constantly and try to upsell thier BS packages.

Try Craigslist first, I got 10x more hits than swapalease and ultimatley a sale.

Thanks dude, when do you pay the 500$?

Haris · 02-20-2013, 09:22 AM

+1. Stay away from Swapalease or keep it as a last resort. Salespeople lie and charge hidden fees later on.

S_M · 02-20-2013, 10:45 AM

Quote:

Originally Posted by juxtapose

Thanks dude, when do you pay the 500$?

They pay it after they are approved and initiate the transfer.

juxtapose · 02-23-2013, 02:24 PM

anyone deal with leasetrader

kdbryce · 02-24-2013, 02:42 PM

i took over a lease before... very easy

i just went through the forums, though

02-19-2013, 12:35 PM	#1
juxtapose Private First Class 14 Rep 136 Posts Drives: z4 Join Date: Sep 2011 Location: nyc iTrader: (2)	lease swaps Hey guys, i want to swap over a lease and was wondering if any of you guys had any experience with swapalease / leasetrader websites. If so what's the process like? How fast was everything? From my understanding of the lease transfer process. The person gets a package in the mail to fill out and BMW does a credit check. After they pay the 500$ if they wish to continue the process and thats about it? Experts chime in
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02-19-2013, 02:04 PM	#2
S_M Lieutenant 70 Rep 550 Posts Drives: Many Join Date: Jul 2007 Location: X5 iTrader: (0)	You've got the process right. BMW will send them the app, they fill it out, get thier credit run, and then are approved. The whole deal can happen within a week or two. I would argue against swapalease/leasetrader. Swapalease was expensive, and gave me almost no results. They also have terrible nagging salespeople that call constantly and try to upsell thier BS packages. Try Craigslist first, I got 10x more hits than swapalease and ultimatley a sale.
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02-20-2013, 09:22 AM	#4
Haris Lieutenant 169 Rep 481 Posts Drives: F82 BMW M4 Join Date: Feb 2007 Location: NJ iTrader: (0) Garage List 2012 BMW X5 xDrive50i [0.00]	+1. Stay away from Swapalease or keep it as a last resort. Salespeople lie and charge hidden fees later on. __________________ 2021 BMW X7 M50i + 2015 BMW M4 Retired: 2018 Audi Q7 \| 2015 BMW X5 xDrive35i \| 2012 BMW X5 xDrive50i \| 2010 Audi S4 \| 2007 335i Coupe Creator of Leasematic - Lease/Loan Calculator \| iOS App Store \| Android Google Play
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02-23-2013, 02:24 PM	#6
juxtapose Private First Class 14 Rep 136 Posts Drives: z4 Join Date: Sep 2011 Location: nyc iTrader: (2)	anyone deal with leasetrader
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02-24-2013, 02:42 PM	#7
kdbryce I have to return some video tapes 363 Rep 4,712 Posts Drives: e70 X5M Join Date: Apr 2011 Location: Albany, NY iTrader: (0)	i took over a lease before... very easy i just went through the forums, though __________________ 13 Carbon Black e70 X5M - 13 Black Sapphire e92 335i - 10 Le Mans Blue e92 335i - 09 Monaco Blue e92 328i xdrive - 07 Sparkling Graphite e92 328xi
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