A Leased Car and a Holiday Tree

Having a leased car comes with its perks, but there is the hovering cloud that keeps reminding you to not make any major scratches and dents to the car. We come around the season of the winter holidays and the idea of adding your first large evergreen fir tree to your living room has been on your mind. You might think to yourself, “How can I transport my fir tree without scratching my car?”. Here are a few helpful tips.

  • When you go buy your tree, ask for it to be netted. This will make it easier to manage.
  • Make sure you have enough room in your car if you can put down seats and place heavy blankets to catch any falling tree needles.
  • If you are thinking of having it on top of your car, think about investing in a roof rack so you can tie your tree more securely.
  • Place a tarp, plastic sheet or blanket on the roof of your car before placing the tree to protect your car from getting scratched.
  • Tug on your strings and tree to make sure everything is tight and secured!
  • Drive slowly and carefully, especially if it is your first time carrying something large on top of your car. If you can avoid highways and take steady paced roads, do that instead.

Think you are ready to haul a tree for your festivities? Be sure to use these tips.

Are you also thinking about leasing a newer car, possibly one with a roof rack already installed? Head over to Swapalease.com.

Swapalease.com has a variety of vehicles with that awesome feature! We are the largest online lease transfer marketplace and have vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact us at 866-SWAPNOW.

Car Snowed In? Here Is What To Do

“It’s the most wonderful time of the year!”

But having your car snowed in can be a major bummer when you need to run important errands, like your holiday shopping. Here are helpful tips and tricks to get you out and about.

Taking Off Snow

The common method people do when they see a heap of snow on their car is to grab any broom they can find or a shovel and beginning clearing the snow. Both these methods get the job done, but they can leave your car with ugly scratches from the rough bristles of the broom and the metal from the shovel.

  • Instead, have a foam brush handy or a pair of thick leather gloves. Pull, not push, snow off in a straight-forward motion.
  • Start from the roof and begin working your way down to your windows and doors, your hood, trunk, and front and rear lights.
  • Be sure to clear any snow in the exhaust as well.

Taking Off Ice

  • As you take off snow from your car, you might come across sheets of ice that have frozen onto your car. The worst thing you can do is leave it on your car, even snow, for it to just fly off while driving. This creates a danger to others around you as well.
  • Avoid pouring warm water on the ice. This can cause the glass to crack as well as just freeze the additional water you add on.
  • Take an empty spray bottle and fill with two ingredients, 70% rubbing alcohol and tap water. Spray your mixture onto the ice and let it settle for a few minutes, then take a plastic scraper and begin removing the ice.

Whether the winter wrath has begun piling snow onto your car or you have yet to experience it but still found these tips helpful, it is great to apply these to your car, especially if it is a leased car.

Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

 

Conserve and Save Fuel

If you are like many auto consumers, you dread the idea of having to stop by a gas station on your way to work to fill up. For many, they feel like they are visiting gas stations way more than they should.

“How is it that I am using up more gas than I think I am? Constantly putting gas is also making a big impact in your wallet. What can you do to conserve and save your fuel? Here are a few helpful tips you can use.

Conserving Fuel

– Avoid warming up your car in the morning. While your car is sitting and running, it will use up fuel.

– Try going the speed limit. Also, don’t hit the gas or brakes hard. Come to gradual stops then gradually proceed.

– Use your air-conditioning while driving. This helps create less of a drag on your engine.

– Check your tire pressure and ensure it is at the pressure recommended. Low pressure results in damaged tires and it also reduces your fuel economy.

– If you are running errands, see if you can find a shopping plaza that has numerous stores for all the things you plan on buying. Park your car in the center and walk place to place instead of driving and hopping all around town.

– Avoid filling your trunk with unnecessary items and avoid making it a storage bin. The heavier your car is, the more fuel it is going to use.

– If you can, and if you don’t mind, carpool or take public transportation if you need to go out of your way.

– If there is an option to work from home a few times out of the month, take it and conserve your fuel.

Hopefully, you will keep these tips in mind when you want to conserve your fuel. As a matter of fact, if you are looking for a fuel-efficient car, head over to Swapalease.com!

Swapalease.com is the largest online lease transfer marketplace and has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Leasing A Car After Bankruptcy

 

Bankruptcy: As a person or business can no longer repay their outstanding debts, they file for bankruptcy. Its goal is to give you a fresh start by eliminating your debts but it does have repercussions.

  • It can lower your credit score dramatically. Whether you started at a good or bad score, there will be a significant drop.
  • It will appear on your credit score and stay there for up to 10 years, or even longer if you apply for a loan amount above or equal to $150,000.
  • Future car loans will have higher interest rates and car loans might require larger down payments.

So what CAN you do if you are at a point in your life where you want to lease a car following bankruptcy?

Obtain Credit Report

  • Know where you are with your credit score. The number will be your gauge on how far you have to go to get a high enough score to lease.

Rebuild Credit

  • Filing bankruptcy relieves your past debts, but in order to bring up your credit score, it is best to obtain at least one new credit card to use responsibly. You can bring up your score quicker by paying off the credit balance each month before your payment date.

Research Lenders

  • A few lenders out there tend to avoid those who have filed for bankruptcy in the past, but there are some out there that are willing to work with you and help you at. Research and obtain information from different lenders to get an idea of what you need to do in order to set up a successful car lease. Be careful, however, some may take advantage of your situation. Be sure to ask questions on:
    • Leasing options
    • Qualifying incentives or rebates
    • Best possible interest rate
    • Minimum credit score required
    • Availability of short-term leases

Lease Assumption

  • It may be easier to take on a lease assumption rather than a new lease on your own. A lease assumption is basically you taking over someone else’s lease because they can’t pay for it anymore. At times, the down payment will be small or you don’t need to put money down at all. It is easier to qualify for this type of lease, but you need approval from the lender.

 

Are you looking to lease a car with bankruptcy in your records? Be sure to follow these tips! Also, be sure to check out Swapalease.com.

 

Swapalease.com is the online marketplace with vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

 

Cars and Solar Power

Solar powered cars are already making their way into business plans of many automakers.

A couple benefits from solar-powered vehicles are that they aren’t as loud as a general engine would be because it runs on the sun’s light. They also do not emit greenhouse gases, which can help decrease pollution.

So how does a solar-powered car work exactly?

Energy From The Sun

We see many solar panels sitting out in the sun, and wonder how they are using the sun’s light to create energy.

Photovoltaic cells are used by solar cars to convert sunlight into energy.

  • These solar panels harness energy from the sun and convert it into electricity. As these solar panels are connected to cars, whether placed on top or built into the roof, the power collected can be directed straight to the electric motor of a car, fueling the battery.
  • Within these solar panels, silicon semiconductors absorb the sunlight, freeing and flowing electrons to generate electricity.

Now imagine you have a day or two off of work and you plan on staying home. If you have a solar powered car, you can leave it outside to charge up in the sun during the day. It will be ready to go when you are off to run errands or planning to have a date night.

Though automakers have not made a wide availability of solar panel cars to the public yet for purchase or lease. There is plenty of great hybrid cars available for lease to the public. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Car Hacks To Consider Using

Do you find yourself wondering how you can tidy up and improve your daily ride?  Here are a few creative low budget ideas to create awesome car hacks that can help you out!

  • Plastic Cereal Container: Buy a plastic cereal container and put in a plastic bag for a quick and easy trash bin.
  • Cupcake Holders: Avoid coins sticking to the bottom from drink residue with cupcake paper holders to safeguard your cup holders.
  • Multi-File Folder: Put your registration and other important documents in an organization folder for quick access when you reach for your glove box.
  • Fabric Softener Sheets:  Place scented fabric softener sheets in your car to eliminate unwanted odors.
  • DIY First-Aid Kit: By a plastic container and fill with dollar store medical items.
  • Plastic Bag Dispenser: Take an empty tissue box and fill it with plastic bags for emergencies of any kind.
  • Bungee Cord: Have a long bungee cord handy in your trunk. Made a trip to the grocer? Attach one hook of the bungee to one side of your net holder and run the cord through the handles of your bag. The other end hooks to the other side and bam! No more tossed bags.
  • Noodle Safety: Having trouble with opening your door in your garage without hitting the wall? Cut pool noodles in half and stick/nail them to the walls where your doors usually hit.
  • Ping-Pong Parking: Need assistance parking as you enter your garage? Avoid hitting any items in front of you or the front wall by hanging a ping-pong ball on a string right in front of your windshield. Place it where you have enough room in front of your car.
  • Mirror Parking: Another garage hack! Place a couple mirrors, big or small, to act as a guide for pulling in and out of your garage.

With these awesome hacks, you can avoid any dings, dents, and trash collecting in your car, especially if it is a leased car! Swapalease.com, the largest online lease transfer marketplace, carries inventories from these same brands and similar models? Swapalease.com is the online marketplace with vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

 

Taking Over Someone Else’s Car Lease

You are thinking of getting a car in your possession to get to work, school, or any other reason that requires a car. You may not be ready to finance or lease a car straight away, but you still need a car. What can you do? There is the option to take over a lease.

What Does It Mean To Take Over A Lease?

Taking over a lease can be considered as a “lease trade”, “lease swap”, or a “lease assumption”. Taking over a car lease leaves you the responsibility of taking care of the car and the remaining payments left on the lease.

Pros of A Lease Takeover

  • Drive an expensive car for less: Since you will most likely take over a lease that only has 2 years left on a lease, you can have the luxury of driving an expensive car for way less than half the price.

— Example: If you assume a lease of a $30,000 car that has only two years of payments left on it, let’s say, $110 a month, that leaves you with only $2,640 to pay on the car. Talk about a deal!

The Takeover Process

  • Make sure the seller of the leased car notifies their leasing company of your interest in taking over their leased car
  • Inspect the car carefully – look for any damages to the car or any coverups of possible previous damages
  • Request a vehicle inspection report from the lessee’s dealer. If they do not provide a report, you can go online a request a free car history report by providing the *Vehicle Identification Number (VIN).
  • Check the amount of mileage used on the car by the lessee and the amount available for you

— Terms of the lease should reflect the miles you have available for use and should not reflect that of the previous lessee.

— If the miles on the car before takeover are beyond what it should be for the month you takeover, you can possibly get an extension and have extra miles added.

* VIN should contain 17 characters without the letters I, O, or Q. If the VIN contains less than 17 characters or any of the three letters stated, it is very likely the VIN has been altered, and it should not be in your possession.

Not only does Swapalease.com help auto consumers lease cars, they also can help consumers takeover car leases as well!

Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Exiting Your Car Lease Properly

So you have been with your leased car for a long while and the time has come.

Around the 45 to 60-day mark, before your car lease ends, it is the time to decide what you want to do with your leased car. If you are unsure of what to do at the end of a car lease, here are five options available.

  1. Return your leased car to lessor: You have the option to return your leased car to the lending company and end your lease officially and taking the car off your hands.
  2. Buy-Out-Car: Do you really like the car you leased and want to buy it to have forever? Well, you can. When you buy-out your car, it will cost you the “residual” amount, the value set in the lease.
  3. Extending Lease: Do you need a couple more days or months with your leased car until you have another vehicle to use? You may extend the lease for a limited amount of time for the same monthly rate (typically).
  4. Re-Leasing: So you want to keep the same car but don’t want to buy it or figure out how to extend your lease. You can re-lease the car, but as a used-car lease instead. You can possibly get a better deal this way!
  5. Stay With Company: Throughout the duration of your lease, you really have enjoyed how the company has handled your lease. At the end of your lease, you want to lease again, but you want a different car. You can trade in the car you leased and get a new lease and a new car.

Fortunately, you don’t have to be stuck in your lease. Swapalease.com is the largest online lease marketplace and they have what you’re looking for. Functioning as a sort of matchmaking service for cars, Swapalease.com helps individuals get more car at an affordable price.

The online marketplace has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease exit, contact Swapalease.com at 866-SWAPNOW.

What Happens To A Car Lease After The Lessee Passes Away?

There are the unfortunate situations where the lessee of a car passes away.

What happens then? Who takes care of the lease? Is it swept under the rug?

If there is a co-signer in the mix, there is a possibility that they will be given the responsibility of taking care of the remaining monthly payments of the lease. But what if there is no co-signer?

Reading The Fine Print

If the deceased has left behind a spouse, they may be notified of the outstanding balancing left on the car lease. The contract on the car lease that deceased signed should be read over carefully, looking for the leasing company’s terms in an ending a lease early. Early termination fees can also apply.

Deceased’s Estate

There is the responsibility of the executor of the deceased’s will. The executor distributes the deceased person’s property based on the will and arranges for the payment of debts and expenses. They will contact leasing company, informing them that the lessee has passed.

The estate of deceased will most likely have a claim filed against them, though there is a small possibility of the estate being able to break the lease on behalf of the primary lessee, that possibility usually comes with a cost.

Once leasing company has filed a claim, the executor can pay off the balance through the estate funds. After the claim has been paid, a call should be made to the leasing company to return the leased car.

Chance of No Payments

Even if the outstanding balance of the car payments are not paid, expect there to be additional fees such as process repossession paperwork, cutting new keys, and reconditioning chargers for any excessive wear and tear.

Getting out of a lease is tricky, but what is trickier is the lessee passing away and figuring out who will be handling their lease payments.

 

Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online and doing their best to accommodate situations where the lessee, unfortunately, passes away. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Single Payment Car Leases

As you pick out your new car, there is the option to pay in full, upfront and drive home with no worries.

The option to make this one large single payment is also an option for a leased car upon signing. Paying the entire amount of the lease up front rids of the concern of making late payments and ruining credit.

Within this single payment option, there are two approaches to this option.

Approach #1

In this approach, you will pay for the depreciation value of your car, sales tax, and the total amount of monthly payments upfront. You will still need to pay interest on residual but will not have to pay interest on depreciation.

Approach #2

Monthly payments would be computed by leasing company that will include sales tax, then multiplied by that number by entire leasing term to calculate. This approach is easier to compute, where you are paying the same amount of lease if all monthly payments were added up.

 

As paying off your leased car upfront seems like the way to go, putting all that money down at signing can all go down the drain if the inevitable happens, like if your car is stolen or is totaled. The insurance company will only cover the market value of your car.

Now that you got a little insight on this option when getting your leased car, be sure to review all your options for the best deal possible. Luckily, Swapalease.com can help! Swapalease.com is the online marketplace with vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.