By posting your vehicle with Switchtrader.comlease sellers can exit their Smart lease before the contract expiration date through a lease assumption or lease transfer to a buyer seeking to get into an Smart lease, the obligation for the remaining term of the Smart lease is then transferred to the buyer after meeting the credit criteria of the Smart lease seller's leasing company. It’s important to understand how our process works from start to finish if your seeking to purchase a Smart lease or sell a Smart lease.
(1A) The first step if you are looking to offer your car lease for transfer is to register on our site, Switchtrader.com and choose one of our two listing plans. Be sure to have your lease contract in hand when completing our online registration and vehicle listing form as this obviously speeds the process, upon completion your post is now available for viewing by millions of visitors to our highly search engine optimized site within minutes. Both our listing options allow your post to be seen by All potential car lease buyers browsing our site, however if you chose our premium listing package which includes a car lease transfer industry FIRST! VIDEO UPLOAD FEATURE! You’ve selected a very powerful presentation feature to complement your digital pictures, with our VIDEO UPLOAD FEATURE you have the ability to narrate and direct your own short movie about your car, so go ahead! start the engine! let your prospective car lease buyer hear the motor, If you have a convertible, let them see you drop the top! then tell them about all the other attributes of your car.
(2B) Visitors browsing our Switchtrader.com site looking to assume a car lease will be able to view our listings without registration requirements however Switchtrader.comprevents communication between un-registered casual browsers and our registered car lease sellers. Before communication is allowed between un-registered potential car lease buyers and our car lease sellers they MUST be registered with Switchtrader.com by paying a nominal access fee, this ensures a car lease seller is receiving communication from someone who is serious enough that they chose to pay a registration fee to gain access.
(3C) Both parties communicate to determine if there will be common ground on the interests and concerns related to the car lease transfer, questions can include "where is the vehicle located?" and "will you split or absorb the car lease transfer fee? Is there a cash incentive involved? Who will pay the transportation (link….lease partner page) cost from your state to mine? once all questions and concerns are answered the seller and buyer are ready to move forward with the transfer. The car lease buyer will need to be deemed credit worthy enough by the lease finance company as a prerequisite to assume a car lease. Its important for car lease buyers to have a recent consumer copy of their credit report or at least know what their report looks like before attempting to assume a car lease. A credit report can be obtained from one of our lease partners listed on our lease (link…partner page.)
(4D) Upon getting an approval from the car lease lender Switchtrader.com will have the transfer documents sent to both parties for signatures which are required to complete the transfer. These are original documents promulgated by the car lease lender and not by Switchtrader.com The usual process is for the new documents to be firstly sent to the seller who signs them and then forwards them to the buyer. The buyer now signs and sends the documents back to the car lease lender for processing. The completed transfer documents will then be sent to the seller as well as to the buyer. The buyer needs to take part of these documents to the local Department of Motor Vehicles to pick up license plates and other registration items.
(5E) The car lease obligation and the car is now the responsibility of the car lease buyer and that completes the car lease transfer transaction brokered by Switchtrader.com.
Switchtrader.comprovides the technological platform and marketplace to facilitate the coming together of lease sellers and lease buyers to further their interests in exiting and entering automotive leases, we are the ONLY! lease transfer marketplace that allows video uploads of lease sellers vehicles in addition to the standard digital images, certainly the combination of both a short video clip complete with voiceover capability and the digital images provides a powerful and compelling presentation to lease buyers as they search for the perfect Smart lease.
Switchtrader.com Smart snapshot.
Smart began in 1993 as a joint venture between Daimler-Benz and Swiss watchmaker Swatch, creating a company known as Micro Compact Car AG headquartered in Biel, Switzerland. (It would later move to Germany and be known simply as Smart.) Its "city cars" would feature the build quality and engineering expertise of Mercedes-Benz, while Swatch would contribute its funky design philosophy. The resulting two-passenger Smart City-Coupe was designed for a European urban environment, with a specific emphasis placed on fuel economy and parking ease. The City-Coupe could theoretically be able to park perpendicular in a parallel-parking spot. (The wheelbase is the width of most other cars, after all.) More than 770,000 units and 36 countries later, the second-generation For two debuted in 2006. With only a slight size increase, the general look of the iconic city car remained, but the interior and often-criticized auto-manual transmission received significant changes and safety was improved. The biggest news, however, was that Smart would be expanding into the United States, where rising gas prices had shifted the market toward smaller, more fuel-efficient vehicles. While there is no mainstream vehicle that embodies those two criteria better than the For two, only time will tell if Americans who once laughed at Smart will embrace it the way Europeans and others around the world have.
The current single model: Smart Fortwo.