I want to transfer my Ariya lease to my sister. Only reason is so she can insure it.
Not worried about payments or being on the hook for the lease.
Has anyone done it and how long did it take? When I called they said it takes 8-10 weeks?! Is that an overestimation?
It’s not really a transfer. You can add someone else to the lease, either as the primary or secondary lessee. The original owner is not released from any liability. I think process time will vary from state to state. I know others in NJ who got it done in 2 to 3 weeks. One tip, when dealing w/ NMAC, immediately ask to speak to an escalation manager. First level support are just script readers.
I would think she can insure it at any time.
Here’s what the script reader told me:
we will mail you something the person you want to transfer it to can fill out.
then it will take 4-6 weeks to approve their credit
then a few more weeks to transfer.
sister called allstate and of course they said car needs to be in her name to insure it…
My leased Nissan registration doesn’t have my name anywhere on it, the vehicle is registered to “Nissan Infiniti LT.” What kind of proof is Allstate asking for? Sounds like you got bad answers, on both sides, but could also be related to your state.
Sounds very similar to Toyota (TMCC)
why not just add her to your insurance and have her pay you
i have a few cars on my policy and also her husband needs to drive it to…
doesn’t make much sense to put 2 more people on my policy.
I did it, but it’s like Audi where you are responsible for lease payments if the other party doesn’t pay so it needs to be someone you trust.
It did take a really long time, around 6 weeks or so
I did back in 2014. It took just over 2 months to get it done, it was ridiculous.
I did transfer a Nissan to a third party. It’s not super complicated process but there is some of physical paperwork involved. So it takes roughly 4 weeks. Nothing too complicated though.
I will get the paperwork started when it comes in the mail (odd they can’t just email it to me…or an online app like bmw?).
in the meantime i will give them the car and they can add it to their allstate policy without oversharing the ownership info.
Ya totally not worried about her paying. Honestly it’s 12 months left on a 93/m lease. Hell I will just pay for it lol.
I am just doing her a favor and getting a car off my driveway for the next one LOL.
If you transfer a lease doesn’t it have to be re-registered in the state where the new lessee resides?
She lives 5 mins away.
That is not really the point. In any lease transfer, when the name on the registration changes, wouldn’t the state require the vehicle to be re- registered in the new lessee’s name?
For example, I live in MD. If I was to assume the lease for a vehicle, I am fairly certain MD would require me to register the vehicle in my name and pay the associated taxes just like a new lease. That is one reason short term lease transfers are not financially viable.
I don’t know how this is handled in your state, but only bring it up for awareness.