Can a lease be transferred from another province?
Yes, if the leasing company is a national leasing company (all leasing companies of national brands are national companies – for example, BMW Group Financial Services Canada, GMAC, Ford Credit, Chrysler Financial, Toyota Credit, Honda Credit, etc.). For example, residents of Quebec, Alberta and British Columbia can take over lease agreements from Ontario and vice versa. You can find a vehicle anywhere in Canada. You can also use the services of a recognized transport company like Searail to safely deliver your vehicle. Transfer fees must be negotiated with the original leaseholder. Most original clients are very motivated to terminate their lease agreement and will often assume other fees to encourage a takeover of their lease agreement. For example, consider the financial incentives currently offered by many clients. If you find a vehicle you would like to buy, discuss your geographical situation with the client and specify who is to assume shipping costs in your offer.
