A Vehicle Lease Takeover or Vehicle Lease Transfer simply means that an individual with a Vehicle/Car bought on lease wants someone else to take the vehicle/car and balance lease payments off their hands, as they are unable to continue paying the lease for some reason. Some people may think that a person is trying to get rid of the vehicle/car because of damage or an accident and/or the vehicle/car is not good enough. But this is not the case.


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