Can You Take Over a Lease?

Finance Agreement

When you’re ready to get in a new vehicle but don’t want to commit to a full lease, then consider a car lease takeover. With a lease takeover, you would take on the remainder of another driver’s lease, and while this option can be a great idea if you’re looking for a temporary option for your St. Louis drivers, there are some factors you need to consider. Follow along with Suntrup Automotive Group to learn about the pros and cons of a lease takeover, and be sure to contact us to explore car lease takeover deals!

What Is a Car Lease Takeover? 

Similarly to leasing a new car, a car lease takeover means that you’re not buying the vehicle but paying to drive the vehicle for a set period of time or mileage. Typically, these lease deals restrict the mileage to about 1,000 miles a month, however, it can vary depending on the previous driver’s experience with the vehicle. The estimated depreciation of the vehicle at the end of the lease and the interest rates are used to calculate the monthly lease payments, and at the end of the lease, you can return the vehicle or buy it outright as your next vehicle to use around St. Charles. 

Advantages & Disadvantages of a Car Lease Takeover

When it comes to finding a new car to take on daily commutes or Fenton road trips, everyone has different needs. So, if you’re considering if lease takeover is the right way to go, it’s important to weigh the pros and cons:


  • No down payment
  • No new-car upfront depreciation and other costs
  • Likely still under warranty
  • Possible cash incentives from the original lease


  • Transfer fees
  • You inherit the monthly payment as it is
  • Possible wear and tear from the previous owner
  • Mileage restrictions

While a car lease takeover is a great temporary option, be sure to weigh your options and consider any other fees. With a car lease takeover, there may be no initial costs upfront, however, additional fees can appear during the length of the lease. Reach out to the finance center at Suntrup Automotive Group to explore your options and discuss car lease takeover deals. 

Learn Other Car Buying Tips With Suntrup Automotive Group! 

Now that you have more information about car lease takeover options, is it the right choice for you? Whatever option you choose, the team at Suntrup Automotive Group is here to take the confusion out of the car-buying process. We have a whole range of car buying tips, but you may be interested in our other guides like How to Buy a New Car or our Used Car Buying Checklist. Curious about returning a lease? Learn about the process with our team? 


More from Suntrup Automotive Group

  • 2024 Nissan Frontier Colors

      The Nissan Frontier is designed to help you tackle demanding jobs around the St. Louis area. It features exceptional capabilities and an impressive towing capacity so you can have confidence when you’re behind the wheel. While there’s plenty of performance to appreciate in the 2024 Nissan Frontier, you’ll find that it also offers a head-turning…

  • 2024 Volkswagen Atlas Interior

      Need a comfortable SUV with the latest amenities for your St. Louis commutes or weekend adventures? Look no further than the all-new fully-loaded 2024 Volkswagen Atlas interior. This expanded, refreshed three-row VW SUV has more cabin space and the latest interior features to enhance every drive, keeping you comfortable and connected. Learn more about the…

  • 2024 BMW iX Range

      Enjoy a futuristic and efficient vehicle that matches your lavish lifestyle when you decide to lease or finance a new BMW iX. As one of the many BMW electric models, this all-electric luxury SUV will have plenty of room for you and your passengers while offering plenty of range for you to drive around…

Suntrup Automotive Group 38.5214964, -90.3451239.