Can You Transfer a Kia Lease?

As a lessee, you have the option to transfer your Kia lease to a third party. While your leasing agreement through Brown-Daub Kia allows for a lease transfer, it’s important to know the ins and outs of such a commitment.

The good news is, it’s simple to do at our dealership. Whether you’re near Easton, Allentown, or Quakertown, Pennsylvania, we’ll walk the new lessee through the must-know information needed to make the best of their new set of wheels.

You’re in Charge of Payments

In some ways, a lease transfer works similarly to a co-signer on a loan. While both names are on the lease agreement, they’re both held financially responsible. So, if the new lessee misses a payment, the original lessee will be required to make the payment.

Be sure to communicate with the original lessee to ensure there aren’t any surprises, such as a missed monthly payment.

You May Have Limited Mileage

Whereas a lease takeover may allow drivers to breathe easily when it comes to their wallet, it’s important to know the mileage limitations placed on the existing lease. Each lessee is given an annual mileage limit—and going over that number is likely to result in excessive mileage charges.

Typically, lessees may be charged between 10 to 25 cents per additional mile. However, you do have the option to purchase more miles. If you do this, you can avoid any outstanding fees.

Transfer Your Kia Lease Today

If you’ve recently acquired a lease from a loved one, friend, or acquaintance, it’s our hope at Brown-Daub Kia we can provide peace of mind. You’re invited to stop by our showroom near Easton, Allentown, and Quakertown, PA, anytime you need us.

Plus, we’re available to tackle any questions you may have about a transferred Kia lease. Reach out online or over the phone for the clarity you deserve.