Buy a leased car privately?
Hello everyone!
I found a used car. The seller (private) is currently leasing the car. However, he can get out of the lease if he pays in full. I'll only give him the money once I have the registration certificate. He won't get that from the leasing company until he pays the money. A long payment…
He can't sign a purchase agreement because the car doesn't even belong to him, but to the leasing company?
Does anyone know how to solve this?
Thank you!!!!
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Before you enter something with the “seller”, call yourself the leasing company. Only that can give you the right procedure.
Leasing companies have concluded a withdrawal agreement with the selling trader. This means you can’t buy the car at the LG, but you have to buy it at the dealer. This would of course also like to earn something again.
A premature termination of a lease contract is usually not possible, no matter what the “seller” tells you.
Just leave your fingers off the car and keep looking. you will probably drive better.
Thanks for the leasing star.
This is possible but the current leasing user must first contact the leasing provider and express his sales intention. The LG will then inform the conditions for this and, if necessary, how it {LN} can sell the vehicle. There is indeed a lot to consider because the LN does not belong to the vehicle.
Where’s the problem? The owners of leasing vehicles are the leasing companies, so you can only buy the vehicle from the leasing company and not from the leasing owner. You pay to the leasing company and, if it is a reputable company, you will of course receive the registration certificate Part II, an ordinary purchase contract (unfortunate with VAT) and hand over to you by the current owner of the vehicle.
You can then buy the car directly from the leasing company.
Or he’ll have to borrow the car and sell it to you.
But just let the fingers of any kind of thing you seem strange there are other cars on the market.