MIAMI –
(November 30, 2010) –
Consumers have grown accustomed to seeing December holiday television ads where
people give loved ones a car with a rig red bow on it. But while the big red
bow looks to have another memorable December, more people will be happy just to
get out of their red financial standing. That’s why when it comes to gifts this
year it will be better to give others a chance to part ways with a car as a way
to cut bills.
LeaseTrader.com,
the company that lets people escape a car lease contract, says December is now
the largest month when people give the gift of car lease transfer more so than
any other month. In fact, the last two Decembers roughly 1 out of every 7
transactions are as a result of escape packages given as gifts. With
unemployment still at high levels LeaseTrader.com expects more of the same this
December.
"No
doubt, the auto industry and leasing in general are picking up a lot of steam
with aggressive lease deals," said Sergio Stiberman, CEO and founder of
LeaseTrader.com. "But there is still plenty of hurt in the economy and for
millions they need a way to get a financial monkey off their back."
While the
industry is making a comeback witnessed by a brighter outlook in sales and
leasing activity, LeaseTrader.com says the industry overall isn’t immune from
the realities of high unemployment. Much like a fitness industry where gym
memberships help people shed pounds as gifts, LeaseTrader.com helps people
escape an unwanted leasing contract without harm to a person’s credit. Looking
to cut bills remains as 75 percent of the reason why people use LeaseTrader.com
to escape their current lease.
Last
December the majority of gift packages enabled drivers to escape leases
including the BMW 3 Series, Mercedes C Class and Land Rover Range Rover.
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