Top 20 Reasons People Want to Get Rid of A New Car From LeaseTrader

Sep11

Top 20 Reasons People Want to Get Rid of A New Car From LeaseTrader.com

FEATURED ONLINE MEDIA | By Mark Tapscott | |

You say you loved your new vehicle when you first laid eyes on it in the dealer showroom, but now that you've driven it a few days, it just isn't what you expected. So you want to get out of that purchase or lease deal that was so inviting.

If you bought a Government Motors product, you are probably in luck because GM has announced a new 60-day return policy. Check out the release from the automaker here for details. There are exceptions, such as you can't have put more than 4,000 miles on the vehicle.

Expect other automakers to follow GM's lead on this.

In the meantime, you might be wondering what sort of reasons people cite when bringing back vehicles they thought they loved, but then things went sour behind the wheel. LeaseTrader.com helps people get in and out of leases, and they are citing these as the top five reasons:

1) divorce/breakup
2) death
3) health
4) relocation
5) family growth

LeaseTrader.com says these five account for 65 percent of all customer situations. No surprise that divorce and death are on top of the list, but relocation and family growth strike me as a little iffy. You got the vehicle to drive, to get you to new locations, right? And if your family suddenly grew, odds are it didn't come as a surprise, right?

Anyway, here are the rest of the top 20, according to LeaseTrader.com:

6) deployed to military
7) lost income/job
8) gas prices
9) dissatisfaction
10) disability
11) new company-issued car
12) child went off to college
13) car safety
14) retirement
15) environmental
16) parking too expensive
17) public transportation
18) weather
19) social pressure
20) feature upgrade

 
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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



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