How long does the lease takeover process take?
It depends on the leasing company that you are dealing with for the car lease transfer. Some complete the paperwork in one day and others take several business days. Let us break it down in a few steps. Step#1 Credit Application Approval Process = 24-73 hrs Step#2 Create & Process paperwork = 3-6 business days Step#3 Paperwork Turnaround Time = 7-14 business days Either way, the benefits for both parties involved in the lease transfer will significantly outweigh the waiting time.