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July 2010 Entries

Jul28

Do Luxury-car Drivers Have a Sense of Entitlement?





FEATURED ONLINE MEDIA | By | |

If you drive a luxury car, do you feel you can get away with things because … well, because you’re entitled to? Or do you feel you are singled out because law enforcement thinks you’re rich? Conventional wisdom might suggest to you that people with nicer vehicles get all the breaks, but a new LeaseTrader survey indicates that luxury car drivers might experience both ends of the spectrum, while those with less flashy cars seem content to fly under the radar.

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Jul26

Survey: Luxury-Car Drivers Feel Entitled To Park Illegally





ONLINE MEDIA | By | |

Well, here's another reason to shoot a disdainful look at the guy in the shiny new luxury car even more as he jostles for an illegal parking space. Luxury-car owners (such as those of the BMW 7-Series or Mercedes-Benz M-Class) carry a feeling of invulnerability with respect to parking fines—and perhaps entitlement to get out of them. So finds a new survey from the car-lease marketplace LeaseTrader.com.

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Jul26

Car leases can be snapped up in tough times





ONLINE MEDIA | By | |

The car leases of unemployed Canadians could be one of the best bargains going if you are looking for new wheels. While the trend is far more pronounced in the United States, Miamibased leasetrader. com says it is seeing more cars coming to the market for trade with far less mileage than allowed under the contract. Most leases are designed to allow about 20,000 to 24,000 kilometres to be put on the vehicle with a premium paid at the end of the lease if it's exceeded.

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Jul26

Should you co-sign for Mom and Dad?





FEATURED ONLINE MEDIA | By Michelle Crouch | |

It's almost an American tradition: Kids in their 20s without credit histories have long turned to their parents to co-sign for them -- for a first credit card, a car or an apartment lease. Now the credit crisis is turning that tradition on its head. Financial advisers, credit counselors and lenders across the country say they've seen a surge in middle-aged parents with damaged credit who have asked their adult children -- usually in their late 20s or early 30s -- to co-sign loans and...

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Jul26

One man’s woe another’s bargain





FEATURED PRINT COVERAGE | By Garry Marr | |

The car leases of unemployed Canadians could be one of the best bargains going if you are looking for new wheels. While the trend is far more pronounced in the United States, Miami-based leasetrader.com says it is seeing more cars coming to the market for trade with far less mileage than allowed under the contract. Most leases are designed to allow about 20,000 to 24,000 kilometres put on the vehicle with a premium paid at the end of the lease if over. John Sternal, vice-president of...

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Jul23

Maybe the next econobox should be called 'The Napoleon'





FEATURED ONLINE MEDIA | By | |

Call it the short-car syndrome. Drivers of economy vehicles think they can get away with more illegal stuff, according to a survey released this week by LeaseTrader.com. The leasing company polled 2,017 drivers in four different sets of vehicles: economy (e.g., Focus); mid-sized (Camry); SUV/truck (Tahoes or F-150s); and luxury cars, such as BMW 7 Series. They asked the drivers if they believed they could get away with certain traffic violations, like running reds, speeding or...

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Jul22

Drive a cheap car, avoid tickets





FEATURED ONLINE MEDIA | By Linda Thomas | |

Do people who drive nicer cars get all the breaks? Not according to a survey from an online car leasing website, which finds the opposite is true. The less expensive your car, the more the driver feels he or she can get away with it when it comes to traffic violations. It's a curious study that interviewed 2,000 drivers across the country and asked them about their likelihood of getting tickets for speeding, red light infractions, parking fines, and illegal u-turn violations. Then...

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Jul20

Expensive Car – Get a ticket – But not a Parking Ticket





ONLINE MEDIA | By Parking Today | |

It least that what a survey of car owners shows. Leasetrader.com asked folks who drive inexpensive, middle priced and luxury cars if they believe they can get away with traffic violations based on the type of cars they drive. As you might expect, those with expensive cars think they are singled out, and those with cheaper cars believe they "blend in". This is true even at "red light camera" locations. Hmmm. However let's talk parking. Those with Mercedes and BMW's believe they are...

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Jul20

Survey: Luxury-Car Drivers Feel Entitled To Park Illegally





FEATURED ONLINE MEDIA | By Bengt Halvorson | |

Well, here's another reason to shoot a disdainful look at the guy in the shiny new luxury car even more as he jostles for an illegal parking space. Luxury-car owners (such as those of the BMW 7-Series or Mercedes-Benz M-Class) carry a feeling of invulnerability with respect to parking fines—and perhaps entitlement to get out of them. So finds a new survey from the car-lease marketplace LeaseTrader.com. If parked illegally, 72.5 percent of luxury drivers thought that they could get...

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Jul19

Pros And Cons Of A Car-Lease Transfer





FEATURED ONLINE MEDIA | By Paul Katzeff | |

"They are cutting household spending, even if they have not lost their job," said Sergio Stiberman, LeaseTrader.com's CEO. Many do it despite costs such as abandoning a down payment. "In the end it costs far less than holding onto the contract for its full term," Stiberman said . LeaseTrader expects the number of lease swaps to rise 17% this year. For lease sellers, it means an end to a monthly bill. On average they save $9,837, excluding transfer fees. It also saves them from...

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