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Are foreigners or international students able to take over someones leased vehicle?

April 26, 2017able foreigners International leased students vehicle

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Are foreigners or international students able to take over someones leased vehicle?

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Leasing to Foreigners or International Students, in order to qualify to take over a leased vehicle, established and in good standing US credit history is a “MUST”. Lease transferring is not for everyone, only to those with excellent US credit history reported by one of the three US credit reporting agencies like (Equifax, TransUnion and Experian) Taking over a lease is not in any way like renting a car and it is only available to those US consumers with established and in good standing US credit history. If the foreigner is moving to the US and wishes to establish his/her credit history, a local guarantor with substantial US credit history may add the foreigner to the contract once a US Social Security is obtained.