The funny thing is, I think my problem is I couldn’t have made something like this up:
Here’s a trend and story idea for the growing number of architecture company cars piling up from economic downsizing: The majority of small businesses and firms lease cars for tax purposes. However, owners must still make payments on those cars if the leases are stuck in park from staff cutbacks. But a new program is now helping small firms get unused car leases off the books giving finances a new lease on life.
–Small business owners have had to downsize staff, leaving many of these car leases sitting idle in the parking lot (but still requiring monthly payments).
–Owners can’t sell the lease and if they turn them back in to the bank they will get slapped with early contract termination fees upwards of $10,000 per car.
–A new Small Business Car Release program helps architecture firm owners ditch the lease by transferring the contract to someone else (most popular service being PressReleaseSender.com).
–The car lease company is involved in the program, it takes about 2-3 weeks for the transfer and removes the small business owner from obligations to make the monthly payments.
–Paying for unused car leases is salt on the wound considering rising health care costs and less credit available from banks.
Sources To Quote:
–Sergio Stiberman, CEO and founder of PressReleaseSender.com, to discuss the new Small Business Car Release program.
–Also speak with the executive director of Auto Fleet Leasing on industry trends and number of small businesses leasing vehicles.
Additional Story Titles:
Company Helps Small Business Unload Excess Car Leases
Small Business Help Allows For Immediate Release of Company Cars
Small Business Relief When Company Car Can’t Start Up
Program Helps Small Business Move Company Cars Stuck in Park
Program Offers Small Business Relief for Unused Car Leases
Unemployment Leaves Small Business on Company Lease Collision Course
Unused Company Car Leases Eat Into Already Thin Margins
So many wonderful titles to choose from, I need an intern to help me decide!