by Swapalease.com
3. June 2009 00:06
Several weeks ago we blogged about the reasons most often given for one wanting to takeover a lease. Now it is time to look at the other side of the equation and find out what the motivation is behind those individuals wishing to exit their lease...
The following list was compiled using a two-tier approach based on Swapalease.com user feedback. Results data was obtained directly from users through the web site as well as through employee user interaction.
- Financial concerns
- Lifestyle changes
- Want a new vehicle
- Mileage concerns
- No longer need vehicle
- Gas prices
- Family size
- Dislike their present vehicle
- Insurance costs
- Maintenance costs
Financial concerns, the top response incorporated a range of user feedback including, but not limited to mortgage related issues, loss of employment, and general budgetary concerns. Lifestyle changes remain a strong motive, as well indicated by runner up status. The most prevalent example provided by Swapalease.com users was a growing family and the fact that their present vehicle will not be able to accommodate their needs in terms of people and gear hauling capacity.
Interestingly, Swapalease.com clients noting that they simply want a new vehicle as a basis for transferring a lease landed the third position despite an uncertain economic outlook. Also current prices at the pump are often cited as a basis for wanting to exit a lease.
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