2023 Audi eTron GT Lease Transfer - 15 Months left - $837/mo - $2500 DAS

[mllcb42]

How much would a stranger have to pay you to cosign a lease for them?

[WeakestLink]

@mani_is_kool

What happens in a scenario new leasee dies and takes another innocent life with him due to an ugly accident ? Does the innocent victims family go after the new leasee who has already died or the other (original) leasee still tied as the guarantor to the lease and his assets ?
Asking for a friend…

I preemptively answered this question.

@WeakestLink

If the original lessee were also liable for the new lessee’s actions (accidents, drunk driving, road rage, etc), then I would view the risk differently. But my understanding is that the original lessee’s guarantee is limited to the lease payments and/or return of the asset.

[WeakestLink]

@mllcb42

How much would a stranger have to pay you to cosign a lease for them?

Depends on their credit, assets, employment history, etc. When I lease a house to someone, it’s usually first month’s rent and security deposit. If they have a credit issue and a reasonable explanation for it (ex. business filed for bankruptcy but everything else on credit report looks good), then I might take a higher deposit.

I wouldn’t take on the risk for no benefit. If I wanted to exit an AFS lease, then my benefit is exiting the lease. So my decision would be based on i) how badly I want to exit the lease and ii) my calculated risk of the person that wants to take over the lease.

Again, how is this different than leasing a house to a “stranger” when all you have is their income, credit history, employment verification, list of assets, and criminal record? Your financial exposure if far greater handing over the keys to a $1M house. I’m truly interested in hearing the arguments…maybe it’ll change my perspective.

[Kctham18]

Do you want to leave this open (and post pics) or close this? Just so we keep this thread on point - moving this car