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What is the difference between LeaseTrade.com and a payment guarantee service?

April 26, 2017guarantee LeaseTrade.com payment service

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What is the difference between LeaseTrade.com and a payment guarantee service?

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There is a world of difference between us and a payment guarantee service! We are a lease assumption marketplace so lease sellers advertise their car to lease buyers and when a deal is agreed to directly between you the seller and a buyer, the lease is legally transferred from seller to buyer through the original lease company. Thus, the lease company rewrites the contract and the new lessee takes the responsibility of the car and the lease payments after the assumption process is complete. This is done WITH the lease company approval and will terminate your lease contract early removing you from future liability.