Auto Lease, Lease Assumption, and the Car Lease Swap

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	Auto Lease, Lease Assumption, and the Car Lease Swap

th2801

8-2-2009 6:49 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fb4bdda9-8835-4e43-b39a-0819bdb9ea39/4385348D-AECE-4479-A275-2DF04F294ADE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.easydriverinsurance.com/2009/08/auto-lease-lease-assumption-and-the-car-lease-swap/" href="http://www.easydriverinsurance.com/2009/08/auto-lease-lease-assumption-and-the-car-lease-swap/" style="font-size: 11px;">www.easydriverinsurance.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.easydriverinsurance.com/2009/08/auto-lease-lease-assumption-and-the-car-lease-swap/"><H2><A title="Permanent Link to Auto Lease, Lease Assumption, and the Car Lease Swap" rel="bookmark" href="http://www.easydriverinsurance.com/2009/08/auto-lease-lease-assumption-and-the-car-lease-swap/">Auto Lease, Lease Assumption, and the Car Lease Swap</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.easydriverinsurance.com/2009/08/auto-lease-lease-assumption-and-the-car-lease-swap/"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.easydriverinsurance.com/img/2E98B35E-AA20-4CD3-A4E9-12306601B1B9" alt="saffordable car lease" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.easydriverinsurance.com/2009/08/auto-lease-lease-assumption-and-the-car-lease-swap/"><STRONG>What is a <A href="#" class="kLink" target="undefined" id="KonaLink0"><FONT color="blue"><SPAN class="kLink">car </SPAN><SPAN class="kLink">lease</SPAN></FONT><SPAN id="preLoadWrap0"><DIV id="preLoadLayer0"><IMG src="http://kona.kontera.com/javascript/lib/imgs/grey_loader.gif" /></DIV></SPAN></A>?</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.easydriverinsurance.com/2009/08/auto-lease-lease-assumption-and-the-car-lease-swap/"><DIV>
Buying and leasing are car are different. When you buy a <A href="#" class="kLink" target="undefined" id="KonaLink1"><FONT color="blue"><SPAN class="kLink">car</SPAN></FONT></A>, you become responsible for the entire cost of the car, no matter how long you keep it or how often or far you drive it. When you obtain a new car lease, you only pay for a portion of the car—that is, the portion you “use” while you are driving it. And, unlike buying, leasing doesn’t usually require a down-payment; although you may be responsible for paying certain fees and a security deposit. There are also penalties for terminating the car lease early. But whether buying or leasing is best depends upon your individual needs and circumstance. And if you do decide to <A href="#" class="kLink" target="undefined" id="KonaLink4"><FONT color="blue"><SPAN class="kLink">lease</SPAN></FONT></A>, it doesn’t necessarily mean you’re stuck with that car for the duration of the lease term.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.easydriverinsurance.com/2009/08/auto-lease-lease-assumption-and-the-car-lease-swap/"><STRONG>What is a lease assumption?</STRONG></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4385348D-AECE-4479-A275-2DF04F294ADE/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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