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LeaseTrader.com on FOX News Chicago: LeaseTrader.com sees the auto industry showing some signs of making a comeback. LeaseTrader.com has seen the need for its services grow during the downturn in 2009 and is driving sales and helping customers escape car leases. LeaseTrader serves the needs of users who are looking to take over a car lease from users advertising their vehicle. According to Edmunds.com, leases accounted for 20.8% of all sales in jan 2010 thats up from 7.2% in august...

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Ditch an auto lease. Got in over your head with an auto lease because you succumbed to new-car smell and the allure of a luxury nameplate? Or maybe you lost a job and can't afford the payment anymore. Get your do-over by transferring your lease to someone else. It can help to use such online brokers as LeaseTrader.com. It's actually a seller's market right now because more people want to adopt unwanted leases, which require no down payment and are less of a commitment than full-term...

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LeaseTrader.com, The Most Recognized Name in Car Leasing is helping consumer get out and break their car lease contracts by having the leasing company transfer the lease to a credit qualified buyer. A car lease contract will specify the residual value, charges for excessive mileage, wear and tear among other terms and condition. Your lease contract will spell out the conditions under which you can exit or terminate that car lease.

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Before LeaseTrader.com revolutionized the car leasing industry, there were only 2 ways out of your car lease. Pay off remaining portion or roll over the negative equity into a new loan. One Charlotte couple went the more economical route and used LeaseTrader.com to exit their Volvo XC 90 car lease. After using LeaseTrader.com to exit their expensive car lease, this couple than took over a car with 10 months remaining that had a lower monthly payment.

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LeaseTrader.com sees rising interest and a new trend of Charleston customers getting out of their car leases using LeaseTrader.com. Reasons for the increase in Charleston are not necessarily from a sluggish economy but are probably more to do with LeaseTrader.com grabbing exposure in markets outside of major metro areas such as New York, Los Angeles, and Miami.

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LeaseTrader.com sees residents leaving California and their cars behind. LeaseTrader.com says Southern California is still the most active region nationally as an increasingly number of drivers are seeking to dump their car leases to avoid expensive early lease termination fees, possible repossession and/or credit problems. Of those surveyed, 8.8% are leaving California, Job loss: 7.3%, Mortgage issues: 7.1%, Buyer's remorse: 6.8%, Divorce: 6.6%.

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Trading Up: Swaps Go Upscale. Traditionally, getting out of a car lease has been almost impossible. But these days, people are beginning to go online to unload their leases-or to snap up a good deal from someone else. One caveat: Most sites require that both parties pay a fee; LeaseTrader, for instance, charges $90 for a listing fee, $40 per membership and credit check, plus $150 for the company to handle the paperwork.

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