How it works

If you're interested in trading leases, you can work through an established lease-trading company such as LeaseTrader.com or Swapalease.com, or go it on your own through sites such as Craigslist or eBay. When working through a lease-trading company, both buyers and sellers pay a fee during certain points in the transaction

Escaping a car lease gets easier

For years, leasing a car put you at risk of a major downside -- being stuck with a vehicle you no longer wanted with no way out. Car dealers charged a hefty penalty if you tried to break the lease.

Buyers need good credit

Buyers need to be prequalified, so they will pay a fee for a credit check. Would-be buyers without good credit are usually out of luck.

Hyundai to launch LPG run cars

Hyundai Motor India Ltd. plans to launch LPG-run cars hoping these will be in demand following an imminent hike in petrol prices.

Auto manufacturers to develop greener, compact cars

Auto manufacturers are looking at a major transition in the auto industry by developing greener and more compact cars. This is in a bid to combat the on-going surge in the fuel prices and to stay competitive in the budget-conscious market.

Vehicle demand to slide

Despite a 14.25 per cent growth in automobile sales for the month of May, demand in the subsequent months is likely to slide due to rising interest rates, steep fuel costs and the onset of monsoon.

Mercedes-Benz ties-up with Mondial

Mercedes-Benz India to offer 24x7 road side assistance services throughout the year including public holidays in partnership with Mondial.

Leaseplan, Hertz see business in car lease

With the corporate and small and medium enterprises sectors accounting for 600,000 of the 1.2 million cars sold last year, operating leasing in the country is staring at a huge potential. Leaseplan and Hertz India are planning to ramp up capacity by spending Rs. 2,000 crore and Rs. 500 crore, respectively, over the next five years to meet the demand.

Get Your Car Loan

Are you fed up of public transportation? Do you want to get rid of your old car? Do you want to buy a used car? The solution to all these problems is a car loan. If you do not have sufficient funds to buy a car, you can obtain a car loan. Lenders offer car loans for new as well as old cars.Car loans are usually secured loans. The car which you buy is offered as collateral. In case you fail to default in repayment, the car may be repossessed by the lender.

Car Loan Calculators

A car loan calculator is a calculating aid found for free on many loan websites. To use it, you have to fill in a few fields like the loan amount, interest rate and payback time, and then the calculator tells you what your monthly payments will be. This is very helpful when comparing offers from different loan lenders, as you can type in and change the value of all fields as many times as desired.