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Car Lease Takeover Memphis TN

A car lease takeover, or lease transfer, offers a good way to get into a car when finances and credit are tight. Low payments and no down payment, even cash back, makes for some great deals.

Enterprise Auto Rental
(901) 323-2977
948 Poplar Ave
Memphis, TN
 
Enterprise Auto Rental
(901) 761-6979
759 Poplar Ave
Memphis, TN
 
Dollar Rent A Car
(901) 346-3161
2780 Airways Blvd
Memphis, TN

Data Provided by:
Hertz - Wilson Air Center
(901) 345-2992
2930 Winchester Road
Memphis, TN
Hours
24 hours, 7 days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No walkins allowed.

Enterprise Auto Rental
(901) 382-1242
771 Stage Rd
Bartlett, TN
 
Enterprise Rent-A-Car
(901) 323-2977
2948 Poplar Ave
Memphis, TN

Data Provided by:
Enterprise Auto Rental
(901) 396-3736
909 Airways Blvd
Memphis, TN
 
Enterprise Rent-A-Car
(901) 396-3736
2909 Airways Blvd
Memphis, TN

Data Provided by:
Enterprise Rent-A-Car
(901) 382-1242
5771 Stage Rd
Memphis, TN

Data Provided by:
Enterprise Auto Rental
(901) 525-8588
26 Union Avenue
Memphis, TN
 
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Car Lease Takeover

In a tough economy, automotive consumers look for new ways to be able to get into the cars they need and want. Lease takeovers, or lease transfers, are increasingly providing the ideal answer for many of these consumers. Although lease transfers have been around for years, it has now become the hottest new way to acquire a late model automobile at the lowest possible cost.

Here's how a car lease takeover works
Someone who is currently leasing a car wants out of their lease. It might be for financial reasons, health reasons, a divorce, or that they simply want another car. They leased the car less than three years ago (most leases are 2-3 years) before the economy went sour. They might have made a large down payment or traded a relatively new car, or perhaps took advantage of a special promotional lease deal, which created low monthly payments.

They now want out of their lease and are willing to let someone else take over the car and lease, along with its low payments. In many cases, they are offering cash as an incentive to make the deal even more attractive.

What is a car lease takeover?
Sometimes called a lease trade or lease swap, taking over a car lease is simply a process by which someone takes over (assumes) the lease of another. It is primarily a paperwork process. Both the car and the lease change hands. The new lessee simply takes the car and begins making the same monthly payment as the original lessee under the same lease agreement, ...

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