What’s the different between swap a lease, exit a lease, trade a lease, etc?
There is various terminology used to get out of a car lease. While we wish there was a common ground on the terminology used, it’s all the same. While the industry term is “lease assumption”, you may hear other terms used as “swap a lease”, “exit a lease”, “terminate a lease”, “lease assumption”, “break a lease”, “get out of an auto lease”, “lease busters”, “lease trader”, etc. In the end, it’s all the same – simply a means to describe how you can get out of your car lease early by finding someone to assume the lease via a lease transfer.
