If you’ve ever signed a vehicle lease, you know the feeling: that initial rush of driving a shiny new car, followed by the slow realization that life changes faster than your lease term. Maybe you’ve got a new job across the country, a growing family, or you just can’t look at that dashboard one more day. Whatever the reason, breaking a lease can feel like trying to escape Alcatraz — expensive, stressful, and nearly impossible.
Unless, of course, you know the folks at LeaseBusters.
The Birth of a Brilliant Idea
Back in 1990, when shoulder pads were big and cell phones were bigger, LeaseBusters introduced Canadians to a radical concept: lease takeovers. Instead of paying thousands in penalties to terminate a lease, why not find someone who actually wants your lease? It was simple, smart, and frankly, a little genius. Fast forward three decades, and LeaseBusters is still the undisputed leader in this space.
So, What’s the Secret?
Well, we can’t spill all the beans (our competitors are probably reading this), but here’s what makes LeaseBusters tick:
- Real People, Real Help
Forget chatbots and call centers. Every LeaseBusters client gets a dedicated Leasing Specialist — an actual human who knows the ins and outs of leasing better than most dealership finance managers. They guide you through the process from start to finish, making sure you don’t miss a step or a signature. - Smart Evaluations
Not all leases are created equal. LeaseBusters evaluates your lease in real time, figuring out how to position it so buyers find it irresistible. Think of it as staging your home for sale — but for your car. - A Marketplace That Works
LeaseBusters isn’t Craigslist. It’s a curated marketplace where every visitor is there for one reason: leasing. That means no tire kickers, no “is this still available?” spam — just serious buyers looking for a deal. - Dealer Connections
Here’s a fun fact: some dealers will pay top dollar for certain leases, especially those with less than six months left. LeaseBusters has those connections, which means sellers sometimes get out faster than you can say “negative equity.” - Concierge Service
Don’t want to deal with calls, texts, or negotiations? LeaseBusters will do it for you. Their Concierge Package handles everything, so you can binge-watch your favorite show while your lease gets transferred.
Why It Still Works Today
Vehicle leasing has changed a lot since 1990, but one thing hasn’t: life happens. People still need flexibility, and LeaseBusters delivers it. For buyers, it’s a goldmine of short-term leases, low payments, and sometimes even cash incentives. For sellers, it’s a lifeline that saves thousands compared to early termination.
The Bottom Line
LeaseBusters didn’t just create a niche — they created a movement. They turned lease takeovers from a desperate last resort into a mainstream solution. And after 30+ years, they’re still Canada’s go-to experts for anyone asking, “How do I get out of this lease without losing my shirt?”
So, the next time you’re staring at your lease agreement like it’s a bad tattoo, remember, there’s a smarter way out. It’s called LeaseBusters, and they’ve been busting leases since before the internet was cool.
James Matthews is the President, General Manager and Co-Founder of LeaseBusters. James launched LeaseBusters in 1990 and is considered one of Canada’s leading experts on new vehicle leases, lease-take-overs and vehicle lease (re)marketing. James can be reached directly at jmatthews at leasebusters.com