June 9, 2009
- New Website Could Help Cash-Strapped Out of Car Lease
With all the financial upheavel these days, it seems as if there's a market and opportunity for just about everything.
The latest 'tool' to help eliviate the financial burdens and stress caused by the current economic conditions is a website that matches car lease holders looking to unload their lease yet avoid paying costly 'early termination' fees with those looking to acquire a relatively new vehicle on lease.
The website is www.leasetrader.com and ccording to KDVR news channel out of Denver, CO:
Jeff Ross is now driving this Explorer, after getting out from under another year-a-half on an expensive BMW lease.
"I really wanted to get rid of it quick," said Ross.
Ross went to Leasetrader.com and found a man in Utah willing to take over his BMW lease.
"About eight thousand dollars I would have had to pay out," Ross recounted, "If I wanted to exit the lease when I did."
For 49 bucks up front, the site helps match lease sellers with potential buyers, 4,500 transactions last year.
And with so many people losing jobs, they're on pace for at least 60,000 this year.Again, it's a sad reality that so many people are struggling financially and that sites like this are necessary. However, that doesn't mean we have to fall victim to it all.
With tools like this website and the Money Merge Account, there's really no excuse to NOT have a plan in place for eliminating your debt as quickly as possible. Financial stability is so vital in today's marketplace and even though it takes some work to achieve, there are plenty of resources out there to help you!
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