05.28.07
Posted in General, Car Leasing, Get out of a car lease, Car lease assumption at 9:18 pm by LeasingRus
That’s our bet over the next 2-3 years. With the large growth in environment conscious consumers, we’ll soon see more auto leases by dealers available for eco-friendly fuel cell hydrogen cars. As the climate and energy challenges in todays market lead auto manufacturers to make a solid contribution to the consumer industry for eco-friendly automobiles, those consumers who prefer the advantages of leasing a car will have a direct result on the increase in the already popular concept of auto lease assumptions (car lease take overs).
The age of the hybrid fuel cell car has arrived. As the vehicles see a solid improvement in fuel mileage, and the rising cost of oil and gas, more consumers will be opt to take on the new concept cars.
It’s still unknown how this will affect the industry of vehicle financing, but one can assume any increase in consumer consciousness of global warming will impact their vehicle purchasing / leasing decision, and those who go the green route will see an increase in these eco-friendly vehicles.
Our call is that we see more consumer understanding the benefits of leasing a car, we’ll see an increase in these fuel cell vehicle leases hit the market, and soon after the increase availability of eco-friendly hydrogen fuel cell car leases for lease assumption.
Do you have a Hydrogen vehicle you’re seeking to get out of a car lease? Let’s hear your comments - is the vehicle worth the hype?
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02.01.07
Posted in General, Car Leasing, Buying versus Leasing, Auto lease termination at 7:55 pm by LeasingRus
Considering to get into a car lease this year? With all the new models on the market, there’s a large selection to choose from. Though before you quickly jump into the decision to lease a car this year, consider the options between auto leasing versus buying a new car.
Which is the better approach - to lease a car or buy a car? The notorious debate. Whether to buy a car lease get into a car lease, the decision comes down to your own personal financial preference. Is ownership important to you, or maybe not. Maybe you prefer to drive the latest model, but can’t afford to buy it out right. Possibly, having lower monthly payments is the biggest win for you. Whatever your reason is will dictate the financing option you should take with your new vehicle. And yes, if you do opt to lease a car, your financial or personal situation may change throughout the year(s) and you may decide to get out of your lease. You can return your leased vehicle and trade it in towards the purchase of a new car - or yet another auto lease, or pay the lease contract out and any penalties associated. Alternatively, maybe your situation involves getting out of driving a leased vehicle all together - such as the need to free up the money for that new house, or tuition for university. Whatever the case, some leasing companies do provided you the option to swap a lease to someone wiling to take over the remainder of the lease agreement. This is commonly known as lease assumption and is offered through lease assumption services as AutoLeaseBreakers.com, AutoLeaseBusters.com, Swap a Lease and Lease Trader. Learn more about assuming a used lease, or how to terminate a car lease.
Compare the difference between leasing vs. buying from both a financial perspective, and obligation perspective.
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01.02.07
Posted in General, Car lease assumption, Auto lease swap at 1:44 pm by LeasingRus
CNN Money reports car leasing makes a comeback.
Those interested in leasing a car this year, with interest rates rising, more car shoppers are attracted to low monthly payments, but be careful.
Auto leasing is, once again, becoming popular. The number of car leases is up 21 percent compared to last year, according to data from the automotive Website Edmunds.com.
“As interest rates rise, leasing is becoming a more attractive option for consumers,” said Alex Rosten, Manager of Pricing and Market Analysis at Edmunds.com. “Leasing allows car buyers to have lower monthly payments and get better ‘bang’ for their buck.”
In a lease, the car is actually purchased by a finance company. The “owner” of the car, meaning the person who keeps and drives it, only pays for the dollar value the car is expected to lose during the period of time he has agreed to keep it.
That amount is divided into monthly payments and, in some cases, an initial down payment.
Leasing typically costs less money per month than a typical auto loan. But its important to note that if you decide to keep the car after the lease term is over, it will cost you more. Leasing, and then paying to purchase the car costs more, in total, than simply purchasing the car with an auto loan from the very start. Read the rest of this entry »
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12.08.06
Posted in General, Car Leasing, Auto lease at 4:37 pm by LeasingRus
Considering the financing option of leasing a new car or buying a new car? Well, here’s a good overview of the questions you should consider asking when you’re seeking to lease a new car.
The following are frequently asked questions you should know the answers to before signing your new car leasing agreement.
Q. Can I trade my existing car in, what will it be worth and how will it affect the cost of my new lease car?
A. This can help lower the monthly payments on your new lease car. You need to know when the discount is applied and how much this will be as you may have to pay the full amount and claim it back later – find out first! Make sure you know exactly how much trade-in value you are getting.
Q. What do I pay when signing the lease?
A. Find out all the costs and what they are before you sign on the dotted line for your new lease vehicle. There can be several charges that you haven’t thought of and you should know what each one is and when it needs to be paid. Read the rest of this entry »
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10.26.06
Posted in General, Car Leasing, Auto lease, Auto leasing UK, Terminate a car lease at 1:48 pm by LeasingRus
Talk about an expensive auto lease. A Swedish former videogame executive appeared in a LA court yesterday charged with grand theft auto of his auto lease and embezzlement after stealing a rare $1 million dollar Ferrari Enzo that was later written of in a high-speed car crash.
According to the Australian News site, Stefan Eriksson, 44, stole two of the coveted Ferrari Enzos and a Mercedes Benz from a British car leasing company before shipping them off to the US, breaking the terms of his auto leasing arrangement which stated that the cars should remain in the UK. The cars were reported as stolen when Mr Eriksson stopped paying the lease on the vehicles. His lawyers admit that he had fallen behind on the payments, but deny that he had stolen the car.
Read the rest of this entry »
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