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Program offers consumers car payment guarantee

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CINCINNATI (4/27/09)--LeaseCompare.com announced a program that would protect consumers who lose their jobs by covering their monthly car payments up to $600 per month for one year. The monthly car payments are made directly to the lien holder. Consumers are automatically enrolled in the program at no cost when they finance, lease or refinance a vehicle through LeaseCompare.com. “Consumers who are unsure about their current employment situation are hesitant about buying a new or used car,” said Tarry Shebesta, LeaseCompare.com president. “Programs like these can help spark auto sales and the economy by giving consumers confidence in buying a new or used car. For many, owning a reliable vehicle is critical to earning a living at all.” LeaseCompare.com provides direct-to-consumer auto leasing and financing. The site allows consumers to evaluate new and used vehicle leasing from credit unions, banks and other auto lenders. Consumers can lock in the lease or loan offer that appeals to them and apply for credit online.