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Here are the advantages of assuming someone elses used auto lease:
The advantage to you, the used car lease buyer, is that usually people's reasons for breaking a car lease are because perhaps they've lost their job and can't afford it anymore, or they are moving out of the country, or they are going through a divorce, or they just want a different car, etc., etc.
There could be a million reasons why a lease holder might want to terminate their car lease, but the important thing for you to know is that they are what is known as "Don't Wanters" which means that they are highly motivated to break their car lease.
So taking over someone elses used car lease is a great way to get into a clean, low mileage late model car with often no money down, low monthly payments and for a much shorter term because someone else has already been paying the lease down before you.
The best way to assume an auto lease is to check out
Swap An Auto Lease,
Lease Trader
and Canadians should check out
Lease Busters for a used car lease.
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