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Just one year following the popular Cash For Clunkers program, are people sticking with the cars they purchased with the government rebate? LeaseTrader.com reports a significant trend in inquiries from people that leased a car with a Cash For Clunkers rebate looking to escape the auto lease just one year into their five-year commitment. Lured by the idea of receiving a $3,500 or $4,500 rebate from the government, close to 700,000 vehicles were sold or leased during last year’s Cash...

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Last year's federal Cash for Clunkers program -- which paid consumers $3,500 or $4,500 rebates for trading in their old gas guzzlers for new, more fuel-efficient vehicle -- successfully stimulated new-vehicle sales. Where it wasn't so successful was boosting the auto lease business. Few of the consumers who took advantage of the federal rebate plan opted to lease. But a year later, many of those who did are now clamoring to get out of those contracts, says Sergio Stiberman, CEO of...

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LeaseTrader.com, which links those wanting out of a lease to those looking to take over one, saw its first spike in pickup truck demand, for short-term lease contracts, indicating builders and do-it-yourselfers were readying for summer. The Tundra was up the most and taking 18.6 percent of lease swaps, with the F-150 (16.7 percent), Dodge Ram (14.2 percent), and Chevy Silverado (13.7 percent). Heavy-duty trucks weren't quite as active, but activity was more than double what it was...

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The proposition had much appeal. Trade in your beat up vehicle for a credit of $3,500 or $4,500, depending on the type of new vehicle you purchased and the difference in fuel economy between the purchased vehicle and the trade-in vehicle. Not only would participating help the ailing economy, there was the chance to be green: fewer gas guzzlers and more fuel efficient vehicles would be a boost for the environment too.

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Surprisingly, drivers of luxury cars, like the Mercedes M Class below, believe they are less likely to get away with a traffic violation than drivers of cheaper cars. That's the conclusion of a new survey on traffic violations by LeaseTrader.com, which matches shoppers with people trying to get out of auto leases. The Miami-based firm recently polled 2,017 drivers, asking whether they believed they could get away with a traffic violation based on what they drive. Among the drivers...

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Twelve months on, many people who took the lease option are finding it has come back to bite them. Some are now suffering from buyer’s remorse, having decided they do not like the cars after all, but many others are having trouble affording the lease payments now that they have spent the upfront rebate. As a result, thousands of them have been trying to transfer their leases to other people who are looking for leased vehicles, according to Leasetrader.com, a company that matches...

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Unemployment, underemployment, salary cutbacks, divorce, medical emergencies and ballooning house payments all take their toll on household finances. This perfect storm of market conditions has resulted in skyrocketing credit card debt. Ethan Goldman of LeaseTrader.com recommends several online tools to shop for better deals on credit card rates, rental costs and automotive leases. These include:

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Here's a round-up of everything from how to cook with dried beans to how to ask for a raise, from how to negotiate for a cheaper cell-phone bill to how to figure out how much house you can really afford. How to … get out of a Car Lease. A Mint.com post offers a four-point plan for getting someone else to take your vehicle—and take over your payments—read more about LeaseTrader in this Q&A.

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It’s the one-year anniversary of “Cash for Clunkers,” but apparently, the financing option didn’t pan out so well and consumers are feeling “clunker” remorse. Many auto lease consumers want out, at least according to LeaseTrader.com, which released a report on Aug. 3 showing a growing number of consumers who leased a car under the “Cash for Clunkers” plan introduced last year regret it. The main problem, according to Miami-based LeaseTrader, are the lease mandates issued by the...

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That multi-year lease on a shiny new sports car may have seemed like a good idea a few years ago, but now it doesn’t fit your lifestyle or your budget. Or maybe you’d paid off your car and got lured in by a five-year Cash for Clunker lease and a government rebate. The good news is, it is possible to get out of most auto leases by transfering them to someone else. Sergio Stiberman, CEO and founder of LeaseTrader.com, an online service that enables lease holders to find people willing...

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