Advertisement
Business

Doctors are suffering more than any other professionals, according to an unusual index

By Karen Kaplan, Los Angeles Times
Share

Times are tough, and workers in all industries are hurting. But the professionals who are suffering the most are … doctors.

Did this data come from the U.S. Department of Labor? Nope. The American Medical Assn.? Nuh-uh. The outsourcing firm Challenger, Gray & Christmas? No way.

The source of this particular factoid is none other than LeaseTrader.com.

According to the car leasing website, 54% of doctors have used the online service to unload their pricey leases on luxury cars like BMW 7 series vehicles, Mercedes S class sedans and Maseratis. Two years ago, only 34% of physicians were in such financial straits, according to the company.

Advertisement

In a press release, the “experts” at LeaseTrader.com attribute the sharp rise to “the problems facing the nation’s health care situation,” whatever that means.

In case you were wondering, the website said 51% of lawyers were trying to get out of leases on cars worth more than $40,000, along with 43% of realtors, 32% of financial executives and 17% of insurance brokers.

RELATED: When incentive payments to doctors end, the quality of medical care declines

More to Read

Business
Karen Kaplan

Karen Kaplan covers science and medical research for the Los Angeles Times. She has been a member of the science team since 2005, including 13 years as an editor. Her first decade at The Times was spent covering technology in the Business section as both a reporter and editor. She grew up in San Diego and is a graduate of MIT and Columbia University.

More From the Los Angeles Times

Advertisement