This agreement confirms that the individual named below (“Buyer”) is committing to the purchase of a Lease Takeover opportunity listed on LeaseBusters.com.
and agrees to the conditions of the LeaseBusters Buyer Fee process.
The Buyer acknowledges that they have reviewed and understand the official LeaseBusters Lease Transfer Checklist prior to proceeding with this transaction:
Lease Transfer Checklist
The Buyer further understands that payment of the Buyer Fee secures first and exclusive rights to the listed vehicle and ensures LeaseBusters and the Seller will not engage with any other potential buyers for this lease opportunity.
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Payment Method: eTransfer only
Send to: [email protected]
ATTN – Name of LS and Vehicle ID# of Listing
Once the Buyer Fee is received, the Buyer has exclusive rights to the listing. No other buyer will be permitted to negotiate with the Seller while this agreement is in effect.
After payment of the Buyer Fee and disclosure of the Seller’s contact information, the Buyer agrees not to renegotiate the lease terms (payment, cash incentive, down payment, included accessories, etc.) that were originally discussed and agreed upon with the LeaseBusters Leasing Specialist.
The Buyer acknowledges that LeaseBusters has provided access to the official Lease Transfer Checklist and understands that the checklist forms an important part of the lease takeover process.
The Buyer further understands that LeaseBusters strongly recommends that BOTH Buyer and Seller be physically present at the time the lease transfer documentation is executed and finalized.
Where a seller cash incentive forms part of the transaction, the Buyer agrees that they should NOT sign or finalize the lease transfer documentation until the agreed upon incentive funds have been received and confirmed.
LeaseBusters shall not be responsible for disputes arising from a Buyer voluntarily signing transfer documentation prior to receiving an agreed upon incentive payment.
The Buyer understands that they may not yet have physically inspected the vehicle. If the vehicle’s condition has been significantly misrepresented by the Seller, or if there is a material and previously undisclosed issue revealed through the Carfax report, the Buyer Fee may be refunded.
To be eligible for a refund, the Buyer must:
Upon receipt of the Buyer Fee, LeaseBusters will order and provide a Carfax vehicle history report to the Buyer.
The Buyer understands that Carfax reports are ordered and processed by authorized LeaseBusters personnel and may not always be delivered immediately following payment of the Buyer Fee.
The Buyer may continue with pre-delivery and lease transfer preparation activities while awaiting the Carfax report; however, the Buyer agrees that they should NOT execute or finalize the lease transfer documentation until:
The Buyer is encouraged to carefully follow the official LeaseBusters Lease Transfer Checklist to help ensure a smooth and successful lease takeover transaction.
I, the undersigned, confirm that I have read, understood, and agree to the terms of the LeaseBusters Buyer Fee Agreement, including the LeaseBusters Lease Transfer Checklist.
Signature of Buyer: ____________________________
Date: ____________________________