How long does the lease transfer process generally take?
The time frame for lease transfer varies broadly from leasing company to leasing company. Some leasing companies can complete the process in as little as a week while others may take several. The timing is dependent upon three factors. The first factor is the credit decision process, which generally takes 24 to 48 hours. The second factor entails creation and processing of the required lease transfer documents, which generally takes 3 to 5 business days. Lastly mail and turnaround times must be included. Typically, figure on at least 7-14 business days to complete the entire process. If youd like information on the typical time frame for a specific leasing company, please Contact Us and we will be happy to share our experiences with you.
The time frame for lease transfer varies from leasing company to leasing company. Some leasing companies can complete the process in as little as a week while others may take several. The timing is dependent upon three factors. The first factor is the credit decision process, which generally takes 24 to 48 hours. The second factor entails creation and processing of the required lease transfer documents, which generally takes 3 to 5 business days. Lastly mail and turnaround times must be included. Typically, figure on at least 14-28 business days to complete the entire process. If you’d like information on the typical time frame for a specific leasing company, please Contact Us and we will be happy to share our experiences with you.
The time frame for lease transfer varies broadly from leasing company to leasing company. Some leasing companies can complete the process in as little as a week while others may take several. The timing is dependent upon three factors. The first factor is the credit decision process, which generally takes 24 to 48 hours. The second factor entails creation and processing of the required lease transfer documents, which generally takes 3 to 5 business days. Lastly mail and turnaround times must be included. Typically, figure on at least 7-14 business days to complete the entire process. If you’d like information on the typical time frame for a specific leasing company, please Contact Us and we will be happy to share our experiences with you.
The time frame for lease transfer varies broadly from leasing company to leasing company. Some leasing companies can complete the process in as little as a week while others may take several. The timing is dependent upon three factors. The first factor is the credit decision process, which generally takes 24 to 48 hours. The second factor entails creation and processing of the required lease transfer documents, which generally takes 3 to 5 business days. Lastly mail and turnaround times must be included. Typically, figure on at least 7-14 business days to complete the entire process.
