Automobile leasing has traditionally been used by high end automakers as a way of making their vehicles more accessible for consumers. High used car prices, low interest rates and Americans’ tendency to buy vehicles based on monthly payments, now has automakers using the strategy to sell more moderately priced vehicles as well. This selling tactic has resulted in strong sales with leases accounting for approximately 26 percent of new vehicles purchased, the highest it has been since 2007. Continue reading
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California Laws on Early Auto Lease Termination
Consumers in California have lease holder laws that offer protection beyond the federal laws. Whatever your reason for wanting to get out of a lease, if you do not have a “cooling off” clause in your contract, it is recommended to proceed with caution. The laws allow consumers in California to terminate a California automobile lease at any time, but Continue reading
