Thanks for pointing that out. Yes, I read that on swapalease. I assume that’s only if the person assuming the lease refuses to stick to the agreement, but would also be dinged on his credit report? Basically, it’s like co-signing a deal?
If someone isn’t willing to stick to the lease contract, I doubt they’d be that concerned about their credit report.
I suppose it’s similar to co-signing a deal, although you’re pretty much co-signing for an internet stranger as opposed to someone you know in real life.
Understood. At the same time, I assume that someone who gets approved for an Audi lease is pretty responsible and has a credit good enough to be cared about. But I do understand that there’s definiltey a risk.
It’s a nice car. My wife was driving it, but wants something smaller. So now I’m getting an X5 and she’s getting a regular sedan. I’d definitely recommend it for someone not looking to get a big SUV.
The good thing abotu this deal is, you can lease it for 13 months and if you don’t like it, return it. Or purchase it for 29k if you do like it after the lease
That’s certainly a safe assumption, but at the same time, financial circumstances can change extremely quickly. I think we even had someone post about how the person that “took over” their Infiniti lease (same liability rules as AFS) passed away and then the original lessor had to deal with getting the car back, etc.
So, up to you in terms of how much risk you’re willing to take.