For Immediate Release
TAKING OVER A Car Lease IS NEW, AFFORDABLE WAY TO SHOP FOR CAR
One Customer Paid $600 Total for a 6-Month mercedes lease
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 a variety of reasons, the original lessee often needs to escape that lease contract early.
“Some people have a new baby on the way and need a bigger car, while others transfer jobs or go through income changes,” said Sergio Stiberman, CEO and founder of LeaseTrader.com. “Either way, there are hundreds of reasons why people get out of their lease early, leaving a great financial situation for whoever takes over the remaining portion of the lease.”
Cars available for lease transfer have typically only been driven for 10-18 months, leaving them in great condition for a person taking it over. Additionally, your cost of entry is far lower than someone buying or leasing a new car since the dealer down payment has already been paid.
One Arlington, Texas, man took over the remaining six-month portion of a Mercedes CLK lease for just $600 after mileage rebate. The original lessee paid the down payment and pre-paid for mileage that went unused. When the car is turned in, a mileage rebate of $2,500 will be awarded to the new lease holder.
Taking over someone’s Car Lease through LeaseTrader.com is easy and affordable. It’s completely free to browse the listings on the site. Once you find a car you’d like to take over, you pay a membership fee of $39 for credit verification and to make contact with sellers, followed by a $149 transfer fee once the transfer begins. The entire process takes just a few weeks.
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This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your car lease, please visit www.leasetrader.com