The Buick lease transfer process, step by step
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1
Original lessee contacts GM Financial
Call GM Financial at 1-800-284-2271 (or the number on your monthly statement) to start the lease assumption process and confirm eligibility.
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2
Buyer submits a credit application
Within 3-5 business days both parties receive a third-party authorization form via DocuSign, overnight delivery, or email. The new lessee submits a credit application.
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3
GM Financial reviews the application
Subject to GM Financial's underwriting and credit guidelines. The vehicle must be registered in the same state as the new lessee, and the account must be current on all payments.
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4
Both parties sign within the 30-day window
All approvals and signatures must be completed within 30 days. If documents are missing, GM Financial allows 15 more days; beyond that, the credit check must be re-run.
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5
Pay the $625 transfer fee and hand off
Once everything's signed and the fee is paid, the buyer takes the car and the original lessee is released.
Buick lease transfer FAQs
Does GM Financial allow Buick lease transfers?
Yes. GM Financial allows lease assumptions on Buick (and Chevrolet, Cadillac, GMC) leases as long as the vehicle is not in the last 6 months of the lease and the new lessee is approved by GM Financial's underwriting.
What's the Buick lease transfer fee?
$625 to GM Financial. Both parties have to be in the same state — the vehicle's registration state must match the new lessee's driver's license state.
Am I released after a Buick lease transfer?
Yes. Once GM Financial processes the assumption, the original lessee is released from the lease.
How long does the process take?
The 30-day window for completing all paperwork is the controlling timeline. You can save about 7 days if the original and assuming lessees arrange to sign documents together.
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