lease swaps - BMW 3-Series (E90 E92) Forum

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

smohr33 · 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.

smohr33 · 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

kbryce · 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 Drives: z4 Join Date: Sep 2011 Location: nyc Posts: 101 iTrader: (1)	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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02-20-2013, 09:22 AM	#4
Haris Private First Class Drives: 2012 X5 xDrive50i Join Date: Feb 2007 Location: NJ Posts: 197 iTrader: (0)	+1. Stay away from Swapalease or keep it as a last resort. Salespeople lie and charge hidden fees later on. __________________ 2012 BMW X5 xDrive50i - Space Gray \| Black w/ Dark Bamboo \| Adaptive Drive \| Active Steering \| Prem/Sports Pckg Retired: 2010 Audi S4 Retired: 2007 335i Coupe

02-24-2013, 02:42 PM	#7
kbryce I have to return some video tapes Drives: e92 335i 6mt Join Date: Apr 2011 Location: Albany/NYC Posts: 2,717 iTrader: (0)	i took over a lease before... very easy i just went through the forums, though __________________ 13 Black Sapphire e92 335i - 6mt - VMR VB3 - Black Kidneys - BMS Performance Intake - Muffler Delete - Cyba Scoops 10 Le Mans Blue e92 335i - 09 Monaco Blue e92 328i xdrive - 07 Sparkling Graphite e92 328xi

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02-19-2013, 02:04 PM	#2
smohr33 Lieutenant Drives: 2012 328i Join Date: Jul 2007 Location: Long Island, NY Posts: 516 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.

02-23-2013, 02:24 PM	#6
juxtapose Private First Class Drives: z4 Join Date: Sep 2011 Location: nyc Posts: 101 iTrader: (1)	anyone deal with leasetrader