News Center, Top Automotive News, Latest Vehicle Data, Digital Media

South Florida drivers are putting money in their pocket, and not in the pump. Customers getting those huge gas guzzlers years ago are now finding they can’t afford to fill them up. Good thing for them, now there’s an easy way to trade them in and save some big bucks.

With gas prices absolutely through the roof, drivers everywhere are doing all they can to pinch that penny. Well if you’re tired of paying too much at the pump for that gas-guzzling SUV, LeaseTra...

Read More...

Getting a new car every few years may be great for the consumer, but recent economic conditions are hurting the finance companies backing your loan, like GMAC, Washington Mutual and Wachovia, making leasing less of an option.

“What you have today is a lot of companies saying they’re losing money through leasing because the residual values are falling and they’re having a hard time projecting those values,” said a LeaseTrader.com executive.

Read More...

No longer a status symbol to own a big giant, gas-guzzling SUV. In fact, it's been tough for car companies to unload SUVs, especially when it comes to leasing programs. All this is certainly a wake-up call for the auto industry.

It is estimated that 20 percent of cars are leased, but consumers who now want to lease a car will see big changes. The nation's #3 auto maker, Chrysler, says Chrysler Financial will discontinue its leasing program to instead focus on retail installment...

Read More...

If anyone wants a Nissan vehicle, why not buy one from a Nissan dealer? I do not see the appeal of a Nissan labeled as a Chrysler. Chrysler either has to charge more than Nissan in order to make a decent profit on the car, or accept a lower profit margin to keep its price competitive against the similar Nissan model. Such outsourcing damages the morale and even the ability of your own engineering team to create excellent vehicles.

Read More...

LeaseTrader.com publishes a monthly Index of America’s most preferred vehicles for lease transfer. The Index is based on user activity on the Web site, which includes thousands of today’s vehicles in almost every brand, make and model. LeaseTrader.com users enjoy taking over someone...

CHICAGO – Just when motorists were starting to adjust to exorbitant gas prices, they face the prospect of much higher costs, fewer choices and a dearth of financing options if they want to lease their next car.

Read More...

The organization, which represents the leasing industry, was responding to news that some auto manufacturers are drastically scaling back their leasing business because it isn't so lucrative anymore.

Read More...

While the Internet is a great distribution channel for businesses' products and services, it also has a plethora of Web sites useful for the smart-spending consumer. The problem is keeping up with all the new offerings, as great Web sites for consumers come and go.

Read More...

FOX Business sat down with LeaseTrader.com to discuss the car leasing situation. FOX: I am told that the car leasing industry is dead. Is that an accurate or overblown statement. I ask the question because Chrysler has abandoned leases on new vehicles. A couple of other car companies are in the same position. So, is the lease dead? We sit down with LeaseTrader.com to disuss.

LeaseTrader.com: The lease is not dead for the U.S. consumer. It is not dying. If you think about it, wh...

Read More...

Auto makers all around the country are scaling back mostly because of the tough economy. One change that consumers are seeing is that auto makers like Chrysler, GM and Ford are pulling back on lease options. So what does this mean for you? LeaseTrader.com joined us to talk about the situation and how it affects you.

So recently a number of the large car companies decided to cut their leasing business or cut back the number of leases that they write. Tell us about these changes...

Read More...