"Lease takeover?"

[tomjack]

I see a lot of ads in the back of Multihull World magazine where, in the boat's description it says "possible lease takeover." Does anybody here have any in depth knowledge of how that works?

I read an article recently where it was mentioned that to minimize VAT, most Europeans lease rather than purchase boats.

As an American buyer, I would love to takeover someone's lease, but have no idea if that's even feasible.