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LeaseTrader’s total inventory is 15.3% of 2011 model leases. The previous record was 2005, when 13.5% of leases were listed by the end of the same model year. The 2010 lease year represented 10.6% of total inventory.

“The fact that so many 2011s have already come into the LeaseTrader marketplace shows that lease deals continue to get better and more people want to exercise their option to transfer earlier,” said Sergio Stiberman, CEO and founder of LeaseTrader.com.

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Are you looking to give something to the person who has lost everything? How about taking on some of their debt obligations this holiday season?

Leasetrader.com calls it giving the gift of debt this year, and the car leasing site says it's on the increase.

"Last year was the first holiday season where we saw the inkling of a trend," says John Sternal, vicepresident of leasetrader.com.

Consumers in economic distress but still with car payments started "gifting" their cars to...

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'Tis the season of gift-giving, but instead of the usual cable-knit sweater or tube of socks, some people are giving something else: their debt.

Since the financial crisis began in 2008, households have been paying down debt. According to the Federal Reserve, the ratio of debt payments to disposable income each month has fallen to around 11 percent, the lowest level since 1994. An analysis by American Century Investments has found that overall consumer indebtedness in the U.S. has...

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Would you like it if somebody gave you a “gift” this holiday season that wound up costing you more than $30,000? I don’t know about you, but I’d consider that one very expensive “gift” that I’d certainly want to return. Yet, every year people give their loved ones financed or leased cars as “gifts.” “I see this all the time,” says Daniel Gershburg, a consumer bankruptcy attorney in New York City. “The gift recipient is amazed and thinks that they got a steal, because they didn...

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LeaseTrader.com revealed Tuesday that 2011 model year leases have broken its record for largest amount of same-year leases to hit the site.

This high lease turnover rate can help speed up the automotive sales cycle, also potentially creating more inventory turnover at the dealership level. BMW, Mercedes, Toyota and Cadillac are the top four brands with the most 2011 models listed in the marketplace, the company noted

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Are you looking to give something to the person who has lost everything? How about taking on some of their debt obligations this holiday season?

Leasetrader.com calls it giving the gift of debt this year, and the car leasing site says it's on the increase.

"Last year was the first holiday season where we saw the inkling of a trend," says John Sternal, vicepresident of leasetrader.com.

Consumers in economic distress but still with car payments started "gifting" their cars to...

Read More...

December is a panic-stricken month for any guys or gals that have a fear of commitment – especially those currently in a relationship. For these people, we offer up a few gift ideas: Right or wrong, people with commitment issues constantly have one foot out the door. They must gasp when watching those Lexus Big Red Bow commercials where the man or woman receives a car as a gift. It’s a great idea until you break up with that person a year later and are stuck driving a car your ex...

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