A simple Answer TO yOUr Question
Do I stay responsible after a lease transfer?
It depends on the leasing company. Some companies fully release you from liability after the transfer is approved. Others keep you listed as a co-signer, meaning if the new lessee defaults on payments, you are still responsible. Ask the leasing company explicitly whether the transfer provides a full release of liability before proceeding.
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The Smart Buyer's Guide to Leasing vs. Buying in 2026
Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives
Smart move!
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