Recent news headlines have announced that banks and credit unions have stopped funding auto leases, including Wells Fargo & Co. one of the largest financial backers of car leases last year. Many auto manufacturers have followed suit, including an announcement from Chrysler last month saying they have stopped offering auto leases all together.
Houston, TX (
Experts predict a 10 to 15 percent drop in local businesses with estimated job losses reaching as many as 10,000. Despite these dismal headlines, one local company has thrived in an otherwise trying time. Because of increased demand, ProLease is one of the few companies large enough--and specialized enough--to provide aggressive lease options even when banks and financial institutions are abandoning the vehicle leasing market.
While dealerships and banks are moving away from vehicle leases, leasing still remains the financing method of choice for many automobile consumers. Houston consumers who enjoy driving a new car every few years have come to realize that the most responsible way to ensure they don't end up upside down with an auto loan is to lease instead of buy. Car leasing offers a safer alternative to buying in a troubled economy plagued with consumers owing more on loans than the value of their collateral. With millions of potentially destroyed cars left in Hurricane Ike's wake, and cash strapped Houstonians needing affordable leasing options more than ever,
Phillip Laporte, a contractor and small business owner in the Texas City area, says "We evacuated in my wife's car, but my work truck was destroyed. I hadn't planned on buying new truck any time soon, and with everything else going on, spending money on a truck is the last thing we needed right now…but I have to get back to work." After researching his options, Laporte decided leasing with ProLease was the fastest and most affordable way to get into a new truck and back to work. "Honestly, had I known how much less expensive leasing was I would have never bought a truck the first time," says Laporte.
Laporte was discouraged when many of the Houston area dealerships he visited said they were no longer offering leases. "The few dealerships that were offering leases had outrageous monthly payments" says Laporte. After contacting ProLease, Laporte was approved and in his new truck within 48 hours, and his monthly payment is now 40% less than his previous truck. "I have enough stress right now…these guys really helped me out and actually delivered the new truck to the house where we're staying" says Laporte.
ProLease Vehicle Leasing is one of the largest consumer auto leasing companies in the United States and focuses on their home market of Houston. ProLease has established a business model centered on consumer auto leasing and strong enough to weather the storm and a down economy. Customers of ProLease can still find the safer and more affordable alternative to buying a car that auto lease customers have come to expect. "Hurricane or not, we lease more cars than anyone in Houston" says Mike Hernandez, President and CEO of ProLease.
A subsidiary of D&M Auto Leasing, ProLease is widely recognized as an industry leader among consumer auto leasing companies. By focusing on customized and affordable car leasing packages, ProLease has become a household name throughout the Houston area.
2425 West Loop South Suite 120
Houston, Texas 77027
(713) 290-1000 (800) 498-7959
Brenda Blisk, founder of the Blisk Financial Group in McLean, Virginia, has been recognized for the second year as one of Barron's Top 100 Women Financial Advisors and one of Virginia's Top 50 Wealth Advisors. Both lists are compiled by R. J. Shook and based on criteria such as a minimum of seven years of financial services experience and other weighted requirements, including wealth management focus and customer satisfaction.
McLean, VA (
Blisk has also been named one of the Top 50 Wealth Advisors in Virginia. This is the second year she has been named to both lists. With clients in more than 20 states, Blisk and her team manage $240 million in assets.
Blisk is # 90 in the national list, which appeared in Barron's June 9th edition and #19 in the Virginia list, which appeared in the June edition of Virginia Business magazine. Both lists are compiled by R. J. Shook and based on criteria such as a minimum of seven years of financial services experience and other weighted requirements, including wealth management focus and customer satisfaction.
According to Virginia Business Magazine, "R.J. Shook's ranking process begins with a national survey of securities firms, insurance companies, banks, independent financial adviser practices, and other organizations that employ series-7 registered financial advisors. Shook says that each of these firms promotes objective and independent advice and provides clients open access to the best products available in the market. He extracted the Virginia rankings from his national research database."
Finalist for Philanthropy Award
Also, Blisk was recognized this year by the Washington Business Journal as a finalist for its
Blisk founded The Blisk Financial Group 23 years ago and in 1997 became an Investor Advisor Representative of Legacy Advisors, LLC, (now Spire Investment Partners) in McLean, Virginia. Wealth Manager Magazine has ranked the firm as one of its top financial advisory firms fiver consecutive years from 2004 through 2008. Spire manages $1.4 billion in client assets.
Action Donation Services® announced today that they have partnered with the Assistance League® of Sacramento to be their exclusive agent nationwide for the processing of donated property including used cars, boats, yachts, motorhomes, motorcycles, trucks, and aircraft.
San Diego, CA (
"We are pleased to be able to help the Assistance League® of Sacramento with our unique services," said Client Charity Director, Ted Cox. "From a modest beginning in 1966, over 250,000 children and adults have been the recipients of the seven philanthropic programs operated by the Leagues volunteers."
Donating property is a wonderful alternative to the often lengthy and involved process of trying to sell your no longer needed property yourself. When you donate to the Assistance League® of Sacramento you will not have to worry about such things as: test drives, low offers, mechanical repairs, liability issues or advertising expenses - Action Donation Services will take care of everything.
"We selected Action Donation Services because their program strives to maximize the selling price of donations by 'fixing up' or refurbishing donations whenever it will be beneficial to the charity - and selling retail when feasible (rather than wholesale) in order to maximize the return to the charity and make available a larger potential tax deduction to the donor," said board member, Doris Hanson.
Additionally, for certain property (usually higher valued autos, boats, aircraft and/or RVs), ADS is able to offer the donor a "
Action Donation Services® has been processing donations nationwide for over seven years and has its home office in San Diego, California. ADS will pickup qualified donations throughout the U.S.A. for the Assistance League® of Sacramento free of charge to the donor.
To donate a car, your boat, RV or other property to the
Contact: Ted Cox, Client Charity Director: 619 993-7006