You Don't Want Your Lease Car Any Longer~BUT What to do?

SITUATION:  You have a leased SUV but between the price of gas and the number of miles your cranking on your car, you are rethinking what to do with the lease which sounded like a good idea.....but has become an anchor around your neck! 

Check out Leasetrader.com  I was watching MONEY 911 with Jean Chatzky today and she was chatting about this problem and what a consumer can do. One option is to "sell" your lease and Leasetrader.com does this for a small fee.  They hook the car leasee with a qualified car leasor and the lease is actually transferred and the original lease holder is no longer liable for the lease.

http://www.marvelousmary.com/

"Bringing Home Buyers & Sellers Together"

 
Posted by Mary Novak on 04/02/2008 06:52 PM   Comments (3)   , , , ,  

3 Comments on You Don't Want Your Lease Car Any Longer~BUT What to do?

That's nice if you can find someone to assume the lease.  I had a van that I leased and with all the miles I put on it, I had to buy it and ended up paying for it for 7 years.   

04/02/2008 06:57 PM by Amie Varney (Prudential Verani Realty)

I am very gald I just read this,  so I will not be doing any leasing....I put mega miles on my 2004 CVR --its has over 102,000 miles alrady and lots of payments left also.

04/02/2008 07:30 PM by Mohamed Mekhimar - Accredited Buyers Rep , E-Pro - Richmond Virginia Real Estate (RE/MAX Commonwealth)

What a great blog.... good infor for those leasing vehicle.  Keep up the great job, Marvelous Mary.  Lu

04/03/2008 03:20 PM by Lu Kalaj (The Michigan Group)

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Real Estate Sales Person: Mary Novak (The Michigan Group)
Mary Novak
Howell, MI
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The Michigan Group

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