That's not my understanding with BMWFS. The last transfer I did was earlier this year. All the onus moves to the assumptee. What ChrisF02 mentioned is correct for some other companies. Here is what swapalease lists for BMWFS - "Does Original Lessee Remain Liable? No" - http://www.swapalease.com/help/lease...spx?leaseco=55.
Originally Posted by ChrisF02
I mentioned those Lease trader sites, and he said that although you do shift the amount owed to the person, the lease is still on your credit.
Nissan is a company where you remain liable - http://www.swapalease.com/help/lease...spx?leaseco=46
I think that is what ChrisF02 is referring to.
2015 550i ED - M-Sport, Exec, Heated Seats, Rear Shades - 4/9/15
2016 Benz C300
3/12 ED 7 - thread ID 610350
1/11 ED 6 - thread ID 5767556&postcount=175
4/10 ED 5 - thread ID 453501
5/08 ED 4 - thread ID 290679
3/07 ED 3 - thread ID 201013
3/06 ED 2 - thread ID 136454
Last edited by chrischeung; 12-21-2012 at 09:59 AM.