Lease transfer
cadillac ats forums cadillac ats forums
CadillacForums.com is the premier Cadillac Forum on the internet. Registered Users do not see the above ads.
+ Reply to Thread
Page 1 of 2 1 2 LastLast
Results 1 to 15 of 16
Like Tree4Likes
Cadillac ATS General Discussion Forum Discussion, Lease transfer in Cadillac ATS Discussion Forums; Hi, I just picked up CTS-V and need to part ways with my ATS. My car is a 2013 ATS ...
  1. #1
    isakhanyan is offline Cadillac Owners Fanatic
    Automobile(s): ATS Turbo Manual
    Join Date
    Feb 2009
    Location
    San Jose, California
    Age
    25
    Posts
    126

    Lease transfer

    Hi,

    I just picked up CTS-V and need to part ways with my ATS.

    My car is a 2013 ATS base model
    2.0L Turbo with a 6MT
    CUE System
    Exterior - Thunder Gray Chromoflair
    Interior - Black
    I tinted the windows, 20% rear and 35% in the front.
    Current Mileage - 5400 and will stay at that since it is now just parked.

    Terms of my lease - 3yr/10k a year. I picked the car up in February.

    Monthly payment 298, which also includes the Ally protection.
    From my understanding as long as you have good credit your payment will remain the same, you just have to pay a 595 transfer fee.

    I am located in California, Bay Area

    If you are interested please contact me 408 439 1954

  2. Remove Advertisements
    CadillacForums.com
    Advertisements
     

  3. #2
    tomuchwrk is offline Cadillac Owners Member
    Automobile(s): 2013 ATS 3.6L Performance 2wd 24k miles
    Join Date
    Dec 2012
    Location
    Long Island, NY
    Posts
    41

    Re: Lease transfer

    You sure you don't want it for gas savings?

  4. #3
    isakhanyan is offline Cadillac Owners Fanatic
    Automobile(s): ATS Turbo Manual
    Join Date
    Feb 2009
    Location
    San Jose, California
    Age
    25
    Posts
    126

    Re: Lease transfer

    Quote Originally Posted by tomuchwrk View Post
    You sure you don't want it for gas savings?
    I honestly do not drive much.
    My old V, before the ATS, I had for 5 years and it was my daily driver I put 33k on it.

  5. #4
    Muffin is offline Cadillac Owners Fanatic
    Automobile(s): Ats 2.5 lux
    Join Date
    Jun 2013
    Location
    Chichester
    Posts
    168

    Re: Lease transfer

    Why may I ask?

  6. #5
    M5eater's Avatar
    M5eater is offline Cadillac Owners Connoisseur
    Automobile(s): ATS 2.0T RWD FE3
    Join Date
    May 2011
    Location
    Suffolk, VA
    Age
    26
    Posts
    4,479

    Re: Lease transfer

    Quote Originally Posted by Muffin View Post
    Why may I ask?
    I can give you 556 reasons.

  7. #6
    Thunder Gray STS's Avatar
    Thunder Gray STS is offline Cadillac Owners Fanatic
    Automobile(s): 2013 ATS 2.0T Premium
    Join Date
    Jun 2009
    Location
    Memphis TN
    Age
    47
    Posts
    236

    Re: Lease transfer

    Quote Originally Posted by M5eater View Post
    I can give you 556 reasons.
    The V is like an intoxicating drug. I completely understand!!

  8. #7
    isakhanyan is offline Cadillac Owners Fanatic
    Automobile(s): ATS Turbo Manual
    Join Date
    Feb 2009
    Location
    San Jose, California
    Age
    25
    Posts
    126

    Re: Lease transfer

    Quote Originally Posted by Muffin View Post
    Why may I ask?
    The ATS is a fantastic car just not someone who just came off a 400hp car.
    I love the look, the interior, the transmission, and even the cue system in the ATS.

    When you have a V8 and you go down to a 4 cylinder turbo and think you will be okay, you are just lying to yourself.
    Also it does not help when your roommate buy's a 2011 M3 sedan and you take it for a spin.

    Instead of hating my decision I found the perfect replacement a 556hp car. Gas mileage is not an issue for me and now when I drive I can barely contain my excitement.
    M5eater likes this.

  9. #8
    M5eater's Avatar
    M5eater is offline Cadillac Owners Connoisseur
    Automobile(s): ATS 2.0T RWD FE3
    Join Date
    May 2011
    Location
    Suffolk, VA
    Age
    26
    Posts
    4,479

    Re: Lease transfer

    Quote Originally Posted by isakhanyan View Post
    The ATS is a fantastic car just not someone who just came off a 400hp car.
    I love the look, the interior, the transmission, and even the cue system in the ATS.

    When you have a V8 and you go down to a 4 cylinder turbo and think you will be okay, you are just lying to yourself.
    Also it does not help when your roommate buy's a 2011 M3 sedan and you take it for a spin.

    Instead of hating my decision I found the perfect replacement a 556hp car. Gas mileage is not an issue for me and now when I drive I can barely contain my excitement.
    I presume you and your roommate shack up together so you can afford such things as an M3 and CTS-V?

    People should do this more often. The world would be a much better place.

    Also, I might also suggest listing your car on swapalease or another reputable lease swapping site. You have a good rate, if you want to cover the transfer fee I'd bet you'd get rid of it within a month.

  10. #9
    Muffin is offline Cadillac Owners Fanatic
    Automobile(s): Ats 2.5 lux
    Join Date
    Jun 2013
    Location
    Chichester
    Posts
    168

    Re: Lease transfer

    Thanks have many fun years

  11. #10
    isakhanyan is offline Cadillac Owners Fanatic
    Automobile(s): ATS Turbo Manual
    Join Date
    Feb 2009
    Location
    San Jose, California
    Age
    25
    Posts
    126

    Re: Lease transfer

    Quote Originally Posted by M5eater View Post
    I presume you and your roommate shack up together so you can afford such things as an M3 and CTS-V?

    People should do this more often. The world would be a much better place.

    Also, I might also suggest listing your car on swapalease or another reputable lease swapping site. You have a good rate, if you want to cover the transfer fee I'd bet you'd get rid of it within a month.
    I just got off the phone with swapalease and I had a question for you since I think you yourself just got out of a lease.

    They said the person taking over the lease has to have the same or very similar credit score as you to be able to transfer the lease over. Is this true?

  12. #11
    M5eater's Avatar
    M5eater is offline Cadillac Owners Connoisseur
    Automobile(s): ATS 2.0T RWD FE3
    Join Date
    May 2011
    Location
    Suffolk, VA
    Age
    26
    Posts
    4,479

    Re: Lease transfer

    Quote Originally Posted by isakhanyan View Post
    I just got off the phone with swapalease and I had a question for you since I think you yourself just got out of a lease.

    They said the person taking over the lease has to have the same or very similar credit score as you to be able to transfer the lease over. Is this true?
    that's a long way of saying they just need to qualify for the lease. Whatever the requirements for Cadillac's 299 rate with ally is what they need to meet.

    The other thing I wanted to mention was call them and don't do it over the internet.

    Their 'high prices' are typically cut by 50%.

  13. #12
    donavo is offline Cadillac Owners Connoisseur
    Automobile(s): ATS RWD 2.0T MANUAL
    Join Date
    Feb 2011
    Location
    Los Angeles, California, Unite
    Age
    23
    Posts
    1,057

    Re: Lease transfer

    Quote Originally Posted by isakhanyan View Post
    I just got off the phone with swapalease and I had a question for you since I think you yourself just got out of a lease.

    They said the person taking over the lease has to have the same or very similar credit score as you to be able to transfer the lease over. Is this true?
    ive dealt with swapalease. personaly, i think the method ur going about (posting it here) is better. swapalease makes money on their own too. you pay their fee to make an account, take over a lease, get out of a lease. and all that sounds great but what they do is they buy ur car from you for whatever you have left to pay, and then post it for their own lease price and wait for someone to lease it. except, theyre not gonna buy ur car or do anything until they have someone ready to lease ur car for their own rate. so this could take a long long time. basically, they post an ad on their site for whatever rate they choose, which they base off of how much they can make from what u still owe on it. then they wait and wait. when someone signs all the papers and is ready to take over, then they contact u, buy ur car and go forward with the deal. but until then ur still gonna have the car and make ur own payments. plus pay tht fee for them to post an ad about ur car. some ppl like it, i just didnt like it. ended up just trading the car with all the negative equity it still had in order to get an ATS.

  14. #13
    M5eater's Avatar
    M5eater is offline Cadillac Owners Connoisseur
    Automobile(s): ATS 2.0T RWD FE3
    Join Date
    May 2011
    Location
    Suffolk, VA
    Age
    26
    Posts
    4,479

    Re: Lease transfer

    ive dealt with swapalease. personaly, i think the method ur going about (posting it here) is better. swapalease makes money on their own too. you pay their fee to make an account, take over a lease, get out of a lease. and all that sounds great but what they do is they buy ur car from you for whatever you have left to pay, and then post it for their own lease price and wait for someone to lease it. except, theyre not gonna buy ur car or do anything until they have someone ready to lease ur car for their own rate. so this could take a long long time. basically, they post an ad on their site for whatever rate they choose, which they base off of how much they can make from what u still owe on it. then they wait and wait. when someone signs all the papers and is ready to take over, then they contact u, buy ur car and go forward with the deal. but until then ur still gonna have the car and make ur own payments. plus pay tht fee for them to post an ad about ur car. some ppl like it, i just didnt like it. ended up just trading the car with all the negative equity it still had in order to get an ATS.
    I think you have swapalease confused for some other site.

    None of what you mentioned is correct.

  15. #14
    isakhanyan is offline Cadillac Owners Fanatic
    Automobile(s): ATS Turbo Manual
    Join Date
    Feb 2009
    Location
    San Jose, California
    Age
    25
    Posts
    126

    Re: Lease transfer

    Quote Originally Posted by M5eater View Post
    I think you have swapalease confused for some other site.

    None of what you mentioned is correct.
    From what was explained to be over the phone that does sound incorrect. I personally have never used them to transfer my lease so I cant say whether this is true or not.

    ----------

    Quote Originally Posted by M5eater View Post
    that's a long way of saying they just need to qualify for the lease. Whatever the requirements for Cadillac's 299 rate with ally is what they need to meet.

    The other thing I wanted to mention was call them and don't do it over the internet.

    Their 'high prices' are typically cut by 50%.
    I just find it a bit hard to believe if someone say has a 740 score they wont transfer the car to them if I was at like 780

  16. #15
    M5eater's Avatar
    M5eater is offline Cadillac Owners Connoisseur
    Automobile(s): ATS 2.0T RWD FE3
    Join Date
    May 2011
    Location
    Suffolk, VA
    Age
    26
    Posts
    4,479

    Re: Lease transfer

    They must have changed their entire process within the last month then.

    When I posted up the V, it was pretty much a clone of an auto-trader add.

    The only item the fee bought was advertising for the ad I created and assistance in the transfer consisting of getting the buyer and seller to contact each other and provide the required forms.

    I just find it a bit hard to believe if someone say has a 740 score they wont transfer the car to them if I was at like 780
    Credit score means nothing without history and income numbers. I've seen with my own eyes people walk out with $1000+ lease payments with sub 700 CS's because they had excellent credit history and reliable income. $300 for a lease payment is simply not that terribly expensive. You're going to have a lot of the people that can't afford this weeded out by the $40 membership fee just to give you a call.

Quick Reply Quick Reply

Register Now

Please enter the name by which you would like to log-in and be known on this site.
If you do not want to register, fill this field only and the name will be used as user name for your post.

Please enter a password for your user account. Note that passwords are case-sensitive.

Please enter a valid email address for yourself.

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Bookmarks

Cadillac Posting Rules

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
Read about Lincoln | Buick | Kia Forte Forum
Need products for your Cadillac? Check out your options at the links below:

custom floor mats | Cadillac Chrome and Black Chrome Wheels | window tinting