Archive for January, 2011
Ford Fiesta was one of the most sold vehicles in 2010. It comes with great reviews, it is great on fuel efficiency and its nice and subcompact shape results very attractive, especially for young drivers.
The 2011 model can be bought as a four door hatchback (SE and SES) or a four door sedan (S, SE and SEL). Both versions come with a 120 horsepower 1.6 litters 4 cylinder engine. You can choose from using a five speed manual or a six speed automatic transmission. Other features available are: front/side airbags, driver knee airbag, ABS, traction control and anti-skid system.
One of the coolest and modern features is Ford’s own sync voice/activated system that allows you to control cell phones and MP3 players. Some dealers may offer you some other accessories and features. It will though, cost you a bit extra for each of them.
Ford Fiesta is currently being a strong competitor for pricier cars such as Honda Fit, Mazda 2, and Nissan Cube.
Only for this week, the 2011 Fiesta can be leased for only $169 a month and a down-payment of $1217 required at signing. This lease deal is good for 36 months.
Audi is offering two lease deals for the month of January. Despite other brands offering much cheaper lease payments at the moment, Audi remains a luxury vehicle, with great performance, therefore rates are a little bit higher if you compare to other brands, still very affordable.
The leasing period for models 2011 Audi A4 and 2011 Audi Q7 is of 42 months. You can currently lease the 2011 Audi A4 for $319 to be paid monthly with a down-payment of $4363. The monthly rate decreased in 8.5% if compared to December’s one. On the other hand, Audi Q7 is a little bit pricier, but more people tend to choose this model. Leasing is set at $599 per month and requires $4918 at signing.
Audi is not offering 0% vehicle loan rates if buying is your option this month. They do however, offer very low interest rates ranging from 0.9 to 3.4 on selected pre-owned vehicles if you finance your loan through Audi Financial Services.
As with most things in life, trying to end a car lease is not as easy as trying to start one. Canceling your car lease means a breach of the original agreement provided for low payments over a fixed number of years. Those low payments are only possible if the lease is completed as agreed.There are several ways to get out of your car lease if you want to. Your first option would be “early termination” and to return your car and pay the lease company what you still owe; which; mind you, can be substantial. However it wouldn’t be as simple as returning the car and paying the penalty, this unfortunately is not how it works. The actual cost can be thousand of dollars , depending on how much of the lease remains.
Your other option is to transfer your car lease to someone who’s interested to take it off your hands (otherwise known as car lease assumption). There are several advantages for this method. It is low cost (no penalties, no payoffs, but transfer fees), it is relatively easy, and it won’t affect your credit score.
There are even a lot of buyers who are seeking for short car lease terms without the need of going to the dealer and associated extra cost which is why car lease assumptions can be so appealing to them. Before doing this, make sure that you get the permission of the car leasing company. The new lessee must get approved and sing the car lease papers before the car lease assumption can fully consummate.
You can find several car lease transfer companies that has a list of potential buyers who are interested in taking over your lease. They will also help in the assumption process and the paperwork and will charge a reasonable fee for their services — a fee that is more affordable than the early termination costs.