Selling your battery lease car doesn’t have to be a nightmare horror story its in fact really easy and stress free, if you follow all the correct steps.
If you’ve seen any of my vlogs on the subject I’ve explained the benefits and cons of the lease and also how to deal with selling it to a dealer or someone private. In this post I’ll explain what to do when you sell to a dealer or to another private person, don’t skip any steps!.
- Upon taking a deposit on the car you’ve sold or agreed to sell to the dealer, your need the new owner of the car to fill in a lease proposal form, you should of got one of these at the time of signing your lease if not email [email protected] or call 0330 331 0220 and ask for one to be emailed over to yourself.
- Ensure this is then emailed to RCI using address above
- RCI will then carry out credit checks on the buyer of your car and send out the lease paperwork for them to sign.
- They will email a SCAN copy of the paperwork and their driving licence
- RCI will check this paperwork and then confirm to you that the lease has been transferred to the new owner and you can “release the car”
- ONLY when step 5 is completed can you let the new owner take the car if you don’t await all these steps you can remain liable for lease payments
This process can take up to 24 hours to complete if RCI is busy and as little as 4 hours if quiet so try leave plenty of time between steps 1 and 6, ideally doing steps 7 days before the buyer wish’s to collect and step 4-5 a few days before the car is released.
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