Quote Originally Posted by mr_dove View Post
My wife and I are in a tough financial situation. We were thinking of transferring the lease on her Mini Cooper and having someone take it over. The girl at Ralph Schomp mini claimed that she's never seen a lease transfer happen and she's been in the business for 25 years. She said that we couldn't do it because the contract doesn't say that we can. I tried to explain to her that contracts don't work that way but she wasn't buying it. She couldn't direct me to anywhere in the contract the prohibits the lease transfer.

I'd like to hear your experiences with transferring a lease to another person. We really can't keep paying for a car that we're not using.

You might as well return the lease and take a hit on your credit rather than assign a stranger who otherwise cannot qualify to lease his/her own vehicle at the first place. Those lease swap sites are targeting bad credit folks mostly and there are way too many horror story on these. My buddy was trying to get me involved to 'repo' his lease vehicle that he reassigned to a guy through one of those sites... no thanks!

Good luck.

EDIT: Some reading...

http://autos.jdpower.com/content/buy...ease-early.htm