Want Out of a Car Lease? Try Trading.

Posted by NewBuyer on January 13, 2010 | No Comments

A current look a the increasingly popular concept of lease trading (or lease assumption, lease takeover). Learn if trading a lease is right for you and the online sources than can help you do so.

From the Resource: “lease trades, when a person takes over someone else’s lease, are proving increasingly popular with drivers who are looking for creative ways to get out of their current cars and into new ones.”

Source: Bankrate.com

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How to Find Car Lease Deals

Posted by NewBuyer on January 11, 2010 | No Comments

A concise, 6-step, bulleted list on how to find current auto lease deals. While the resource does not list exactly what those lease deals currently are, it does recommend where to look for them.

From the resource: “People trying to find car lease deals generally fall into two categories. The first is comprised of “Specific Shoppers”, or people who have narrowed their choice down to a few makes and models or know the exact car they want, while the second category contains “Price Shoppers”, or people who are less concerned about specific wants and needs and more concerned about monthly payment or total ownership cost. Naturally, the process will differ for these two types of shopper.”

Source: Autos.com

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Top Ten (Auto) Leasing Booby Traps

Posted by NewBuyer on January 10, 2010 | No Comments

A valuable and detailed look at ten traps of auto leasing with respect to mileage, early termination, residual value, down payment, purchase price, fees, hidden costs and interest rates. From the resource: “Don’t believe that because you’re leasing, rather than purchasing a car, you don’t need to worry about the price of the car. You do. Your monthly lease payment is partly based on the price of the car.”

Source: Bankrate.com

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