I live in the Los Angeles area and am looking to take over the lease of a BMW 3 series or Audi A4. Two years ago, my friend leased these cares for about $400/mo. When I look on the lease trading sites, the same cars are $600/mo+. Presumably, most of these cars were leases before interest rate hikes and chip shortages, so why are they so expensive?
Even when $400/mo was doable, most people were paying much more.
No reason to not get market rates for a vehicle. These cars most likely will have some equity in them so giving them away at the contract payment may not be financially wise.
You can check private transfers here or look at swapAlease to see some options.