LeaseTrader.com appeared on FOX Business Network’s Willis Report to talk about recent trends in Car Lease Specials trading. Host Gerri Willis was particularly interested in the increase of American drivers now choosing to walk away from their Lease Specials contract by trading it over to a credit-qualified individual. Many of these people are still able to make their Lease Specials payment but would rather do without the extra payment. The situation is most prevalent in areas where there is a high concentration of strategic default in home mortgages, such as California, Las Vegas, South Florida and Michigan.
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