Get out of your car lease — without paying early termination
Transfer your lease to someone who wants it. TradeMyLease is free to list, free to receive inquiries, and most leases transfer in 4-6 weeks. No credit damage. No $5,000 buyout fee.
Lease transfer vs. early termination
Why thousands of drivers list instead of paying their way out.
- payments $5,000–$15,000+ in remaining payments + fees
- credit_score Can damage your credit
- hourglass_empty Weeks of negotiation with the bank
- block Still owe disposition fee + excess wear charges
- check_circle Just the bank's transfer fee ($0–$625)
- check_circle Clean account closure — no credit impact
- check_circle 4-6 weeks from listing to handoff
- check_circle The new lessee inherits remaining miles + wear allowance
How to get out of your lease
Three steps. Most users finish step 1 in under five minutes.
List your lease
Year, model, trim, monthly payment, miles remaining, and a few photos. We never publish your VIN — only the last 4 digits show.
Buyers reach out
Verified inquiries land in your dashboard. We screen for spam, bots, and contact info in messages so your inbox stays clean.
Bank processes the transfer
Once you and the buyer agree, the buyer submits a credit application to your lease bank. After approval, the contract substitutes — and you're done.
Will your bank allow a lease transfer?
Most major banks permit lease assumptions. Here are the big ones — see our full brand-by-brand guide for every captive lender's policy and fees.
- BMW ~$500
- Audi $595
- Ford $135
- Chevrolet / GMC / Cadillac / Buick $625
- Toyota / Lexus $350
- Nissan / Infiniti $300*
- Volvo $350
- Porsche $500
* Nissan/Infiniti releases the new lessee onto the loan but the original lessee remains a guarantor.
If your bank isn't on the allowed list, you have other paths — dealer buyout, private buyout, or early termination. Our brand guide covers each.
What does it cost?
TradeMyLease never charges you. Your only cost is whatever your lease bank charges to process the substitution — and many drivers structure that as part of the deal with the buyer.
Common questions
How do I get out of my car lease early without paying a termination fee?
Transfer the lease to someone who wants it. Your lease bank substitutes the new lessee on the contract — you walk away clean, no early termination fee, no credit hit. Most major banks (BMW, Audi, Ford, GM Financial, Toyota, Lexus, Nissan, Infiniti) allow it. TradeMyLease is the free marketplace where you find that next driver.
Is a lease transfer legal?
Yes — if your lease contract allows it. About two-thirds of US auto lenders permit assumptions. Honda, Acura, Hyundai, Kia, and Genesis don't; most others do. Check our bank-by-bank guide before you list.
Will it hurt my credit?
No. A clean lease transfer through your bank is a contract substitution, not a default. Your account closes in good standing once the new lessee is approved. Early termination, by contrast, often does report negatively.
How long does a lease transfer take?
Typically 4-6 weeks from finding the buyer to the bank completing the substitution. The slowest piece is usually the buyer's credit approval at the bank — beyond that, paperwork is processed in days.
How much does it cost to transfer my lease?
TradeMyLease is free — $0 to list, $0 for buyer inquiries, $0 commission. Your only cost is your bank's transfer fee, which ranges from $0 (Tesla, when active) to $625 (GM Financial). Most banks charge $135-$595.
What if my bank doesn't allow transfers?
If you're with Honda/Acura, Hyundai, Kia, or Genesis, lease assumption isn't available in the US. Your alternatives are a dealer buyout, a private buyer payoff, or talking to the bank about early termination. Our brand-by-brand guide covers every option.
Ready to get out of your lease?
List your lease in about five minutes. We'll handle inquiries — you just answer the ones you like.
sell Post your lease — freeNo credit card · No monthly fee · No commission