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It used to be that leasing a car was like renting an apartment. At the end of the term, you hand over the keys, with nothing to show for all your payments. But according to Edmunds.com, things have changed in the auto market, and some leasers may be able to benefit from those changes.

Philip Reed, senior consumer advice editor at Edmunds.com, explains: “Two factors — low new car inventories and tight credit — have aligned to raise used car prices, and that’s put consumers in...

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With franchised dealers eager to be the landing spot for off-lease units, Edmunds.com assembled a trio of reasons why it might be prudent to end a lease early.

Senior consumer advice editor Phil Reed explained how recent changes have created equity in vehicle leases in his study called, “3 Ways to Turn Your Lease into Cash.”

If a leased vehicle does have equity, Edmunds.com highlights three ways that it can be turned into cash:

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Save money on a late model used car.

With college costs spiraling ever higher, families are looking for ways to cut back on college costs. One way to contain costs is to have young adult children continue living at home, forgoing dorm life and commuting to school instead. The trade off here is that your young student will need a car and everyone knows that used cars don’t come cheaply. Fortunately, there are some options available to you, including some lower cost choices that will...

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CTW Features

The next best thing. New and improved. Moving forward. The future is now.

Americans love technology. The quest for the newest gadgets that keep us connected any time, anywhere, fuels our society. So it shouldn’t be surprising to learn that consumers are beginning to view the switch to a new vehicle much like an upgrade to the newest smartphone. An online leasing company has found that people are escaping car leases early because they want the newest technology and...

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About 3 out of 4 are giving up higher-end luxury brands such as BMW and Mercedes, says LeaseTrader.

The most popular destinations for Californians are Mexico, Brazil, the Pan-Asian countries and the Caribbean.

Last year we wrote about Californians giving up their car leases and leaving the state. The two most common reasons then were a job loss or mortgage issues.

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You know times are tough when motorists aren't just dumping their auto leases, but they are doing it and leaving the country.

LeaseTrader.com, the website that helps motorists trade out of their auto leases, reports about 5.9% of Californians who are getting rid of their leased vehicles are moving overseas.

About three out of four are giving up higher-end luxury cars like BMWs and Mercedes, says LeaseTrader.com. The most popular destinations for Californians are Mexico...

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In his 2007 book, Leaving America: The New Expatriate Generation, author John R. Wennersten argues that “many people these days, from college students to retirees, are uncertain or ambivalent about what it means to be an American.”

These misgivings, maintains Wennersten, combined with world-shrinking technology such as Skype (MSFT), Google (GOOG) Docs, and Apple’s (AAPL) FaceTime, have “encouraged a new generation of people to respond to the pull of global citizenship.”

However...

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