Counting Pennies

Want to get out from under an expensive car lease? Instead of paying out the remaining terms to end the lease, simply transfer it to someone else. Use a site like www.LeaseTrader.com, where you can post your lease and then work with a buyer that will take over the remaining payments. The process takes about three weeks, and at the end, you are free to walk away and do whatever is best for your driving needs that fits within your budget. Transferring the lease can be a pretty tedious process, so LeaseTrader.com has a full transfer department to walk your through each step with your car leasing company.

I don’t currently have a car lease, but I think this is a really neat idea for those who are in financial distress and looking for a way out of their monthly payments.

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