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October 2010 Entries

Oct28

Retirement with no car lease





FEATURED ONLINE MEDIA | By Jennie L. Phipps | |

Auto lease

If your retirement planning doesn't leave enough money to pay off the Car Lease you committed to when times were better, here's a possible solution. LeaseTrader.com, a website that helps people get out of leases they don't want anymore, notes that baby boomers are among their best customers. About 29 percent -- up from 21 percent last year -- of their 75,000 listings this year are from boomers, mostly people hoping to unload a luxury car.

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Oct28

Automotive Tourism On The Rise – Travel To Pick Up Your Car





ONLINE MEDIA | By LUXE LIVING | |

Auto lease

As online car shopping continues to surge, another trend has surfaced that will have a greater impact on the overall travel industry. Instead of shopping at the local car dealer, people are increasingly traveling to other regions to pick up their vehicle. This change of habit dubbed “Automotive Tourism,” has resulted in a slight boost to local economies via lodging, restaurants and minor sight-seeing.

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Oct26

It's a Good Time to Lease





FEATURED PRINT COVERAGE ONLINE MEDIA | By Jessica Anderson | |

Auto lease

Leasing isn't for everyone, but many more people should probably do it. Typically, fewer than 20% of new-car transactions are leases. And not only did the weak economy scare away buyers, it also shrank the number of leasers by half. If you always have a car payment because you trade in frequently, you may find that leasing makes sense. It'll cost $100 or so but can buff out surface scratches and make the car look well cared for. If you have a ding or a dent, fix it. Otherwise you may...

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Oct26

Layoffs Make Leasing a Car Cheaper





ONLINE MEDIA | By | |

Auto lease

Over the last 18 months, an increasing number of laid-off auto workers have been forced to sell or trade in their cars to save money. As employees, auto workers paid for their cars at extremely low in-house lease rates. These trade-ins have therefore subsidized the car shopper wading into what the industry calls the “secondary” car market. Because of this, the cars typically change hands at steeply discounted prices.

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Oct26

Survey ranks KC No. 11 in "Automotive Tourism"





FEATURED ONLINE MEDIA | By Steve Rosen | |

Auto lease

Kansas City landed just outside of the top ten in a poll of the best "automotive tourism" cities in the country. The survey was conducted by LeaseTrader.com, an online car leasing service that matches buyers with sellers looking to escape their auto lease. Buyers are able to take over the remaining portion of a lease with no down-payment. It conducted a nationwide survey of customers to determine how many want to pick up a leased car from outside their home territory and drive it...

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Oct25

Can You Get a Car Lease on a Cheaper Auto?





FEATURED ONLINE MEDIA | By | |

It's more common for a manufacturer to offer car leases on more expensive cars as a cheaper way to get more people to drive them. Still, some inexpensive cars have good lease deals. For example, Nissan is currently offering a $179 monthly lease payment for 39 months (with a $2,499 down payment) on the 2010 Nissan Cube -- a small boxy car that gets 31 highway mpg and starts at $13,990 -- to qualified lessees. Do some research on which inexpensive, fuel-efficient cars might suit your...

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Oct22

Lease a cheaper new car vs. buying used





FEATURED ONLINE MEDIA | By Tara Baukus Mello | |

For example, Nissan is currently offering a $179 monthly lease payment for 39 months (with a $2,499 down payment) on the 2010 Nissan Cube -- a small boxy car that gets 31 highway mpg and starts at $13,990 -- to qualified lessees. Do some research on which inexpensive, fuel-efficient cars might suit your needs, and visit the manufacturers' websites to see what Car Lease deals are currently being offered. You might also look at lease-trading sites, such as LeaseTrader.com or SwapALease...

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Oct22

November 2010 Dispatch: Jeep News Grand Slam, 2011 Wrangler and More





FEATURED ONLINE MEDIA | By Tori Tellem | |

From CBS News/AP comes the story of an Amish teen who took sheriff deputies on a mile-long "chase" after he ran a stop sign on his horse and buggy, then wouldn't pull over. He eventually lost control and flipped the buggy into a ditch, then, uh, hoofed it. He was later arrested for, among other things, overdriving an animal. Leasetrader.com has noticed a trend-those who leased a vehicle during Cash for Clunkers are trying to get out of their lease despite being only a year into their...

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Oct22

Can you get a car lease on a cheaper auto?





FEATURED ONLINE MEDIA | By Tara Baukus Mello | |

Dear Driving for Dollars,
I have a limited amount of money to spend on a new car, and I want something small and fuel efficient. My brother thinks leasing a new car would be better than buying an older car because of the repair costs, and I don't drive very many miles. But I'm wondering: Can you lease a cheap car?

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Oct21

Disadvantages of leasing a vehicle





FEATURED ONLINE MEDIA | By Grace Branson | |

There are a number of car leasing traps you need to avoid when making the decision to lease rather than purchase a vehicle. Even though leasing a car instead of purchasing one has its advantages, there can also be some unexpected problems that can blindside you. Some examples of this are being hit with a large penalty charge at the end of your lease for exceeding the amount of miles the contract allowed you to put on the vehicle. Do not keep the vehicle any longer than you want. You...

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