I leased a Toyota tacoma back in August, 2025. It was a one time payment lease. I am looking to transfer the lease now and found someone willing to takeover the lease. I called toyota finance and they are saying I am not eligible for transfer because all lease payments are already done. They mentioned the lease should have atleast 6 monthly payments left to transfer the lease.
I am under the impression that it is months and not monthly payments (can not be transferred in last 6 months). I still have 28 months left on the lease. Anyone did a lease transfer recently?
I called the dealership and they were interested in buying the truck or trading it in. They have no clue about lease transfer, I spoke to the finance guy and he mentioned toyota does not do lease transfers. I was flabbergasted.
No mention of lease transfer terms in the contract. I called TFS twice and both said lease transfer is not possible for one pay leases. I will try again on Monday as they are closed on weekends. Trying to see if anyone here successfully did the one pay transfer.
I’ve sold a onepay 4Runner last year to a third party company: GiveMeTheVin.com. Mainly my buyout and their offer put me at what I paid for the truck at signing.
I just did a one pay lease transfer through toyota. You need to call again and speak to someone that knows about lease transfers at toyota, not the dealer. They will initiate the process by sending you a packet in the mail. Be ready to wait around 2 months though for them to complete the transfer.
As already someone above mentioned you can easily sell TFS lease( not south TFS) to any third-party dealer like carvana.com, carmax, givemethevin driveway etc.
TFS is referring to a monthly payment lease, not a single payment lease. Apparently, it’s TFS policy not to do single pay lease transfers even though it is doable.
In any lease transfer, regardless of the fund provider, you must get their permission to do it.
Having received permission, you should negotiate with the lease transferee the amount of money that he/she will pay you. Theoretically, the amount due you is the balance of the single payment plus a proration of all fees, except the single payment and TLR fees, paid at lease inception (e.g., acq fee, doc fee}. The negotiation is strictly between you and the lease transferee. The fund provider couldn’t care less. It’s important to note the single pay amount is a stand-alone amount calculated by multiplying the term of the lease by the base payment using the single pay discounted MF. See below.
If you would like details on how to compute the single payment portion that is due you, please PM me. The easiest way to do it is to just prorate it as you would some of the upfront fees. This is less accurate.
Toyota has a few banks. Is this gulf states of southeast toyota ? If so I think that’s the issue. Tfs I believe allows a one pay transfer, at least the used to.
