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Auto Leasing: Transferring,
Terminating, Assuming
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2007 Mercedes CLS550 Coupe
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Exterior Color: Black
Interior Color: Gray
Lease Months Remaining: 24
$998.00 per month
Location: Dallas, TX
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2007 BMW 335 i Coupe
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Exterior Color: Black
Interior Color: Black
Lease Months Remaining: 11
$798.00 per month
Location: Tumwater, WA
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2008 Mercedes CLK350 Convertible
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Exterior Color: Black
Interior Color: Cognac
Lease Months Remaining: 18
$698.00 per month
Location: Key Biscayne, FL
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2008 BMW 535 i Sedan
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Exterior Color: Blue
Interior Color: Beige
Lease Months Remaining: 5
$1012.00 per month
Location: West Palm Beach, FL
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LeaseTrader's
Information in Car Leasing, Lease Transfers, Lease Terminations and Lease
Assumptions
Early auto lease
termination often results in overcharges, when the consumer/lessee is
forced to go through a local dealer to complete a lease termination.
Even when not required by the lessor, many consumers terminate their
leases upon purchasing or leasing another vehicle.
When they do so, they typically rely on the dealer to get a payoff
figure from the finance company, and end up paying whatever the dealer
claims is due. Early termination can cost the consumer thousands of
dollars, and sometimes dealers will pad termination fees with improper
charges.
Not long ago, more than 200 Ford and Lincoln Mercury dealers in
California agreed to pay fines totaling $822,500 for alleged deceptive
leasing practices. The dealers were accused of adding undisclosed and
improper charges in calculating balances due from consumers who chose
to terminate their automobile leases early.
Many consumers were forced to take the word of dealers when they
sought to terminate lease agreements because the contracts "were very
complex and almost impossible for a consumer to understand," Thomas A.
Papageorge, head of the consumer protection division at the Los
Angeles County District Attorney's office told the
Los Angeles Times
The latest rave is being able to get out of your lease, with
LeaseTrader help, support and knowledge, being able to achieve this
freedom and now be able to get into perhaps another lease, maybe even
a short term auto lease.
LeaseTrader's Learning Center tells you how auto
leases, how auto lease transfers, auto lease
assumptions and auto lease terminations really work, who should
be involved with lease
transfers , where to get the best lease deals, and how to
determine monthly payments. Lease vs buy? Confusing car
lease agreements? Lease-end
questions? Negotiating with dealers? Expert help? Lease
Terminations?
Lease Assumptions - Lease Terminology - Leasing Transfer Process - and
all the auto leasing needs
LeaseTrader.com is will help you transfer in or out of a car
lease. It is explained in a very easy way to understand
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