Source - BBC Top Gear Online - Friday 01 October 2004 Swap-a-Lease is a new online service allowing drivers to transfer their leases
part way through. The idea is to help existing owners end their leases early
without incurring termination penalties, while new owners can get their hands
on high-status motors for a fraction of the normal price. It's all at www.swap-a-lease.co.uk.
Transferring such contracts has been popular in America for years but has only recently become possible in this country. The online broker Swap-a-Lease claims to be the only car leasing and contract hire transfer service in the UK. The procedure is straightforward: you submit the details of your car and contract, which are advertised online where prospective buyers can check out the terms. If a buyer is found, buyer and seller pay a small handling charge for the contract to be transferred. Most leasing companies are happy for this to happen. To find out more visit www.swap-a-lease.co.uk.
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