This lease fraud happens when the car dealer promises the consumer to pay the remaining lease payments on the existing lease if the consumer signs a new lease contract with them. Remember that the offer may be the reason for a number of potential problems.
Most consumers think that the dealer is taking over responsibility for the entire lease when he makes this offer. That’s not what happens. The truth is, they simply take over the rest of the payments and when completed, will return the car to the company that originally leased it to you.
In case you have any problem with the car (i.e. damages, excessive mileage, etc…) the leasing company won’t send the bill to the dealer; they’ll send it to you. Moreover, if the dealer doesn’t pay the remaining payments, or doesn’t return the car, the leasing company will contact you, not the dealer.
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