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BALTIMORE (Map, News) - When Sergio Stiberman wanted to end his Car Lease about 10 years ago, a car dealership gave him two choices: Hand over more than $10,000 to break the lease or wait out the deal.

To help other people looking to break their lease without incurring expensive termination fees, Stiberman founded LeaseTrader.com. The Florida-based company works with car-leasing companies, matching people looking to get out of their automobile lease with people who want to take over a...

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BALTIMORE (Map, News) - When Sergio Stiberman wanted to end his Car Lease about 10 years ago, a car dealership gave him two choices: Hand over more than $10,000 to break the lease or wait out the deal.

To help other people looking to break their lease without incurring expensive termination fees, Stiberman founded LeaseTrader.com. The Florida-based company works with car-leasing companies, matching people looking to get out of their automobile lease with people who want to take over a...

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Investors and analysts believe the Federal Reserve is again about to cut interest rates for fear that the economy is falling deeper into recession. If they make a cut it would more than likely mean that the rates would come down to 1%, a level that hasn't been reached since 2004. Most economists now believe we are operating in an actual recession since consumer spending will shrink for the first time in 17 years.

What's even more worrisome is the fact that the critical holiday...

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A few months ago, I was having dinner with a friend who had just gotten a new Range Rover -- a really sharp vehicle that's fully loaded and fun to drive. As it turns out, he didn't buy or lease it directly from a dealer. He took over someone else's lease, and saved a fortune in the process.

My friend's experience led me to think about the other side of the deal -- what the benefits were for the person looking to get out of the lease.

Suppose your personal circumstances change ...

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Those that think the credit crunch is over as a result of all the money flowing into banks, think again. The lack of credit availability remains a serious issue in the markets. In an effort to ease the pain associated with lending, banks have lowered the interest rates around the world, trying to make it easier for businesses of all sizes to obtain lending.

Further interest rate cuts may also be in the plan from the Fed, which is expected to meet later this week. Some analysts...

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Automakers such as General Motors, Ford and Chrysler are all eyeing a piece of the $700 billion bailout program. The carmakers are all in trouble with cash because they are burning through reserves and struggling with plunging sales on all of their cars, trucks and SUVs. People just aren't buying cars these days.

The three companies have been lobbying hard to try and get more federal money to aid in their long-term survival. If anything, the companies will be able to get some ...

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