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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...

Read More...

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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MIAMI – (August 21, 2007) – LeaseTrader.com, the company that helps consumers transfer out of their Car Leases, announces the top five most consumer-friendly auto lease finance companies. These companies repeatedly ranked highest in terms of program options, lease transfer times and overall customer responsiveness.

Lease payments on a car you no longer want can kill your budget, but several Web sites can help people get out from under them.

"We're like the Match.com of car leases," boasted LeaseTrader.com CEO Sergio Stiberman.

LeaseTrader and rivals including Swapalease.com and LeaseTrade.com can help people suddenly facing a financial bind or who no longer need a car. "People who want to get out of a lease are in a real jam," said Philip Reed, consumer advice editor ...

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Lease payments on a car you no longer want can kill your budget, but several Web sites can help people get out from under them.

"We're like the Match.com of car leases," boasted LeaseTrader.com CEO Sergio Stiberman.

LeaseTrader and rivals including Swapalease.com and LeaseTrade.com can help people suddenly facing a financial bind or who no longer need a car. "People who want to get out of a lease are in a real jam," said Philip Reed, consumer advice editor ...

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New car lease blog now available for you to enjoy at:  Car Lease Blog. The launching of this new blog is extremely exciting. LeaseTrader.com customers requested this community, and we have responded!

Car enthusiasts throughout the country are increasingly realizing that they have the option to transfer out of their lease, even with many more months remaining on their contract. The service is greatly benefiting the auto industry since it expedites the car shopping experience for millions of consumers nationwide.

Leasing provides consumers with the added benefit of getting more car for their money. As such, high performance luxury vehicles continue to dominate the top-10 list. What&...

Sergio Stiberman got a hefty ultimatum when he wanted to break his Car Leases: Fork over more than $10,000, or wait out the 30-month deal.

He kept the gray BMW 740, but his frustration pushed him to look for simpler, cheaper ways to wiggle out of a contract. Within months in 1998, Stiberman created LeaseTrader.com, a website that matches people hoping to leave a lease with those wanting to take over one.

Leasing has become a more popular option in the past decade, and that inc...

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Sergio Stiberman got a hefty ultimatum when he wanted to break his Car Leases: Fork over more than $10,000, or wait out the 30-month deal.

He kept the gray BMW 740, but his frustration pushed him to look for simpler, cheaper ways to wiggle out of a contract. Within months in 1998, Stiberman created LeaseTrader.com, a website that matches people hoping to leave a lease with those wanting to take over one.

Leasing has become a more popular option in the past decade, and that inc...

Read More...

Rising gas prices led Rob Abraham of Livonia to find someone to take the lease on his Linclon Navigator.

For those leasing SUVs who are desperate to get rid of their gas guzzlers in favor of a more fuel-friendly ride, now there is an easier way out.

Companies are popping up across the country to help people trade out of their leases, a practice that used to be difficult to impossible but has become much easier due to Web sites that help compatibl...

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MIAMI – August 7, 2007 – Weakness in the housing market is affecting the wallets of people throughout the country. With a majority of the Adjustable Rate Mortgages (ARM) set to turn in the coming months, many consumers will find themselves with tighter budgets for expenditures such as cars and other goods.

And with family finances tightening, many consumers will soon find themselves looking to adjust their monthly spending in line with new monthly budgets....

MIAMI – (August 6, 2007) – Thousands of kids will be returning for their final year of high school in the coming weeks. Not long after that, they will be leaving home and heading off to college campus life where they won’t have use for a car.

One dilemma facing parents? What’s the most cost-effective way to get their son or daughter a vehicle for their senior year. The best answer is to take over a short-termCar Leases from another individual.<...

 Is Sarah Palin hurting or helping the Republican presidential campaign? Many people are beginning to wonder. Some aides to Sen. John McCain say they weren't happy that running mate Sarah Palin went off script Sunday and turned attention back to the controversy over her wardrobe.

Alaska Gov. Sarah Palin deviated from her prepared remarks to talk about her wardrobe controversy recently. The Alaska governor brought up the recent reports regarding the Republic...

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Where are we headed with personal bankruptcy? In 2005, Congress passed a bill aimed at reducing the number of personal bankruptcy filings. But that was before a housing meltdown, a credit crunch and a global economic downturn. In the midst of the financial crisis, more and more Americans are filing for bankruptcy. And experts say the numbers are likely to get worse.

The Bankruptcy Abuse Prevention and Consumer Protection Act, which took effect three years ago this month, incre...

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