About a week ago, Clark talked with a listener who was interested in taking over someone’s car lease. Clark told the man that it’s illegal in many states and that a lot of the people involved are running scams. Apparently, there is more to the story. The automotive writer for the New York Times actually tracked this information down in an effort to “sublease” a vehicle himself. A number of Web sites even exist now to help you. So, how is it legal all of a sudden? There are a number of banks that are worried about repossessions, so they allow customers to sublet a vehicle if the new lessee qualifies under their credit standards. So, Clark’s former answer was incorrect, but he still says to be careful in this tricky kind of situation. So, why would you want to take over a lease? The person who wants out of the lease has to pay you money to take it over. And it may be worth it to you if you don’t want to be under the lease anymore. The problem is that many companies out there are targeting people with really poor credit, and those are people who should not be getting into a lease – ever. Clark doesn’t like anyone to lease, especially people with bad credit. Also, a balloon payment plan is the worst kind of lease you can do, so don’t take over a lease with a balloon payment. And remember that there is an illegal side to this, so be careful. And, if you can avoid it, don’t ever lease a car.