Auto Leasing Tips

Despite aggressive low-interest financing, cash-back offers and other purchasing incentives offered by leading auto-makers to buyers, leasing numbers keep increasing steadily over the years. Leasing is not only an attractive financial proposition to most auto-consumers, but also a lifestyle and preference choice.

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Wednesday, August 31, 2011

Lease Trading


Ever wanted to terminate your lease early, comfortable with the thought you



weren’t going to be hit with hefty fees? You can if you transfer your lease



to someone else.



Trading a lease is the best option for people who want to terminate a lease



early and don’t want to pay the large termination imposed by most lease



agents. It can also be an alternative to get out of a lease for far less



than you would otherwise pay your original lease company for extra mileage



and wear-and-tear charges that can run into the thousands of dollars.



For a small fee, you can advertise your car lease for assumption to a large



number of potential buyers on the look-out for leases on the Internet. Such



services include LeaseTrader.com, the originator of online lease-trading



and the biggest online marketplace where most lease transfers take place,



and smaller marketplaces such as BreakAlead.com and TradeAlease.com



Before swapping your lease, make sure your leasing company approves lease



transfer transactions. Caution must be exercised in choosing a lease



swapping service: make sure they facilitate the whole lease transfer



process, offer online or telephone customer-service help and registered



buyers undergo stringent credit checks.


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