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Driving a luxury vehicle has always been a status symbol. But maybe you haven’t quite reached the pinnacle of success—yet. Or, maybe you don’t want to drop $80k on a car at this stage in your life. You can still drive a status car without breaking the bank.

One of the hottest trends right now in the car biz is lease trading. Sometimes things come up—like a job transfer, marriage, or the birth of a child—that facilitate the need to terminate a lease...

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The following story was also posted online at www.leasetrader.com.

Signing a lease contract is a little like getting married: If you suddenly decide you want out, you could get taken to the cleaners. Returning your vehicle to the dealer before theend of the lease contract means you'll pay early termination fees and penalties — nasty ones. Your dealer may suggest you trade in your leased car for a new one, but he will probably add penalties to the price of your new vehicle. Eithe...

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MIAMI – (January 15, 2008) – LeaseTrader.com, the company that helps consumers facilitate car lease transfers, announces its monthly Index for December, with the BMW 3 Series topping the list of America’s most preferred leased vehicle for the second straight month.

The BMW 3 Series offers excellent luxury and space while delivering a quiet and comfortable driving experience. The car is among BMW’s best all-time selling models because of its combination o...

Gas prices are now down below $3 for the first time in months. AAA reports that the national average for a gallon of gasoline is down to $2.95. Many Americans thought they'd never see the day when gas was below the $3 mark. Fortunately, the prices now represent one small sliver of happiness for an American economy that has been kicked around for the past 12-18 months.

It still remains to be seen just how much of a boost the falling price will benefit Americans. But the timing ...

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Now that gas has fallen back down to under $3 a gallon, is it possible that cheap gas will help save the struggling economy and the credit crisis? Even though gas prices are headed for even further declines, many economists are left pondering what the true effects will be on the consumer.

To be fair, the lower gas prices go much farther than simply saying it puts more money back in people's wallets. On the bigger picture, people are more inclined to go back and make longer day...

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As a clear indication that the housing crisis continues to be America's largest economic problem, the number of foreclosures continues to jump each month. A recent industry report found that a whopping 81,000 + homes were lost to foreclosure in September. Simply put, foreclosure continues to be the number one economic threat to America right now.

More than 250,000 homeowners actually received foreclosure filings like notices of auction, default and repossession. Although that ...

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MIAMI – January 7, 2008 – Still a hidden secret to millions, car shoppers can find incredible savings on vehicles available through lease transfer. Thousands of leased cars with pre-paid mileage or “equity” are often made available because the original lessee needs a way out of the lease early.

At the time of purchase, the lessee will often prepay for mileage on the leased car, or make a significant down payment resulting in a lower monthly payment. For ...