07.25.06
Posted in General, General Leasing, Articles, Car Leasing, Auto lease, Auto lease swap at 4:39 pm by LeasingRus
Motortorque offers a good overview for consumer options to finance a car. So you´ve decided that you need a new car? Now, what is the right finance option to pay for your new car? There are several payment plans that you can choose from, and depending on your own circumstances, some may be more suitable than others.
Contract Hire / Car Leasing
One of the most popular forms of car finance, the car leasing company buys and owns the car that you have chosen. You then lease the car by paying the agreed monthly instalments over an agreed period of time. This finance method gives a lower monthly payment than a personal loan, allowing you to get a better car for their money. Most people like to lease for a term length that coincides with the length, in months, of the manufacturer´s warranty coverage so that you´re covered if something major goes wrong with your car. At the end of the lease, the customer simply takes the car back to the leasing company. Alternatively, the individual may be able to auto lease swap (sponsor) with another individual during the duration of the lease contract - though check with your leasing company first. Now, more on Motortorque’s auto finance options.
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Posted in General Leasing, Articles, Car Leasing, Auto lease at 4:05 pm by LeasingRus
Vehicle leasing company gets nod to buy rival. The Commerce Commission has given the nod for ORIX New Zealand Ltd to buy Truck Leasing Ltd, trading as Esanda FleetPartners.
The commission said it was satisfied that the proposed acquisition would not substantially lessen competition in the national markets for the provision of fleet management services and the provision of fleet auto leasing services.
ORIX New Zealand is a subsidiary of Japanese-owned ORIX Australia Corporation Ltd, which provides vehicle lease and fleet management services in both countries.
Esanda FleetPartners is the trans-Tasman specialist auto lease and fleet management business of ANZ. Truck Leasing Ltd runs the New Zealand operations of Esanda FleetPartners.
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07.20.06
Posted in Get out of a car lease, Auto lease swap, Car lease swap at 5:45 pm by LeasingRus
Q. I leased a car two years ago and still have two years left on my auto lease. I have been having financial problems and wanted to cancel the lease. When I leased the car, I was able to afford a more expensive lease. When I contacted the lease company, I was told I would be penalized if I wanted to terminate the car lease. I am writing to you because I was told that there are companies that legally arrange for people to sublease a car lease, something like swap an auto lease? Are you aware of these companies and is it legal?
A. Yes, it is 100% legal. Thousands of consumers legally transfer their car lease or swap an auto lease to another individual each year. Some use Web sites such as AutoLeaseBreakers.com and other lease market place sites as Swap a lease and Lease Trader that faciliate the means to terminate a car lease and swap the auto lease.
While it is legal to transfer a car lease, there are leasing companies that prohibit it. You need to read your lease to determine whether or not there is a clause that prohibits you from transferring your lease.
You can learn more details on how to get out of a car lease and swap an auto lease to another individual through the free ebook on how to swap an auto lease.
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07.10.06
Posted in General, Transfer a car lease, Car lease assumption, Swap a lease, Auto lease, Car trade, Auto lease swap, Car lease swap, Auto leasing UK at 6:06 pm by LeasingRus
Auto Lease Insurance Steps When You Need to Break a Lease - Solution: Swap a Lease
So what happens when you lease your new auto, or take over an auto from a swap a lease, and the last thing on your mind is the idea of possibly losing your licence? Didn’t think of that did you?
It could easily happen to you - whether you lose your auto license from a DUI incident, or a medical condition prevents your from driving, or many other person reasons that could put you off the road for a temporary, or permanent amount of time. If any unfortunate incidents put you off the road or an indefinate amount of time - you’re still stuck with you auto lease payments - month after month. This leaves you two options - either return the vehicle back to the leasing company or dealership and break your lease and pay the stiff penalties - or find someone to swap a lease.
Get out of a lease early, or terminating a lease early, simply means you pay the difference between the total remaining car lease payments and the market value of the car. And with the lovely affect of depreciation, leaves you in the hole for a large sum of money. So, the best financial option would be to find someone to take over the lease. Finding someone to swap a lease can not be as difficult as you think. With a few online leasing marketplaces offering the services to find someone to take over auto leases, the option to break your lease early by swapping the lease to another consumer is easier than you think. Some of these auto leasing marketplaces include Auto Lease Breakers, Swap a lease, Lease Trader, Lease Busters. If you’re interested to learn more about auto leasing and swap a lease, take a read of our section on how to get out of a lease, or download our free consumer oriented ebook on how to swap a lease (printer friendly pdf file 
).
In this situation, the first thing you should look at before leasing an auto is if you can purchase “walkaway protection”, or “deficiency insurance” . Some leasing companies offer this as extra protection against your lease agreement. While each walkaway insurance may be different, as a new leasee it’s important you look into this. However, in the case you don’t have this insurance, or your situation doesn’t fall within the guidelines of the insurance policy (ex. typically the walkaway insurance covers loss of driving ability through no fault of your own - so DUI may not cover it), your next best option for your auto lease is to swap a lease.
Walkaway (http://www.walkawayprotection.com) is a Toronto-based firm with a unique form of insurance that allows consumers to end their car lease or loan painlessly should an unforeseen circumstance befall them. While traditional credit insurance has been around for years, it covers only death or physical disabilities. Walkaway covers a plethora of additional real-world situations, including: involuntary job loss, critical illness, loss of driver’s licence due to age or deteriorating health, international employment transfer, and personal bankruptcy of the self-employed.
Remember, bad things can happen to good people, so in the case you don’t have walkaway insurance or any other insurance policies to cover unforeseen circumstances, be sure to seek out the options of swap a lease to get out of an auto lease. Trading a lease to another individual to take over your auto lease is a great alternative to breaking a lease without inflicting the leasing company penalties.
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07.09.06
Posted in General, General Leasing at 10:47 am by LeasingRus
We’ll, pretty much nothing, unless you look at any of the big automaker sponsors of the FIFA World Cup. But with all the world cup fever going on around the world, Italy vs. France and Germany vs. Portugal, we bring you this auto leasing break in respect to the world’s most beautiful game.
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