09.22.06

Terminate a Car Lease before 2007?

Posted in General, Swap a lease, Auto lease termination, Terminate a car lease at 2:06 pm by LeasingRus

Is terminating a car lease before year end a good thing, or bad thing? For some who are considering getting into the 2007 models, or even get into a different 2006 model, now may be a timely opportunity to terminate your auto lease.
As the newer models of automobiles roll into the market, you can expect dealers to lower their prices on ‘06 models still in their inventory. Same for leases….so if you’re currently tied into a 3 or 4 years auto lease agreement, terminating your car lease early by swapping the lease with someone to take it over, may be a good time….that is if you’re considering to take advantage of the deals of this time of season.

But terminating your car lease can happen at any time. Returning the auto lease to the leasing company (which can be very costly) may not be the advantageous approach for the consumer. However, if you consider breaking your auto lease early by finding another individual to take over the car lease (known as swap an auto lease), then this time of season may be a good time to put your lease on the market for take over. Check first with your leasing company to can be a lease busters and ensure you’re able to swap a lease  to terminate your auto lease first. Not all leases are transferrable.

09.20.06

Car Share Service - Largest in Illinois

Posted in General, Car trade at 2:04 pm by LeasingRus

North America’s largest and fastest growing car sharing service — today becomes the largest car sharing service in Illinois as its fleet of nearly 100 Zipcars is launched in 14 city neighborhoods. The company will significantly increase its fleet by the end of 2006.

Zipcar also announced that it will match a $25,000 State of Illinois grant, announced today to encourage car sharing in Illinois. This will mean a combined total of $50,000 in savings to be passed along to new Zipcar members. The first 1,000 members to sign up for the Zipcar service will each receive a $50 driving credit. In addition, the City of Chicago has exempted car sharing from its tax on rental cars, demonstrating the city’s desire to help keep Zipcar’s rates affordable. Read the rest of this entry »