Quote:
Originally Posted by Kevin G
Not sure why it would affect your credit since the new person is assuming the lease; and it becomes a contract between him/her and BMWFS (from what I understand). And you're completely out of the picture; assuming the transaction was done correctly and through the appropriate channels.
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This isnt the same article i read a while back, but it mentions how it can potentially damage their credit.
http://www.bankrate.com/brm/news/auto/20010420b.asp