Considering a new pet? ASPCA warns against pet leasing arrangements

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Considering a new pet? ASPCA warns against pet leasing arrangements
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Pet leasing has become a controversial practice because pet owners can wind up paying much more than they anticipated if they are unclear about the terms of the arrangement.

Americans spent more than $2 billion purchasing pets last year, according to the American Pet Products Association.

In August, New Jersey joined California, Indiana, Nevada, New York and Washington in outlawing pet leasing.After their Bichon Frise passed away, Patty and Scott Smith searched for a new furry addition to the family. Due to Patty's allergies, the couple was looking for a hypoallergenic dog. After what she described as a difficult experience finding the right dog at animal shelters and working with a breeder, she found a pet store, Breeders Club of America in Middletown, New Jersey.

According to the American Pet Products Association, last year Americans spent more than $2 billion purchasing pets. It is unclear what portion of that is from pet leasing, but several states have worked to ban the arrangement. In August, New Jersey joined California, Indiana, Nevada, New York and Washington in outlawing pet leasing.

"A dog that costs $2,000 could end up costing a consumer $7,000," said Jennie Lintz, the director of the ASPCA Puppy Mill Campaign. U.S. Senator Bob Menendez, D-NJ, is urging the Federal Trade Commission to do more to protect consumers.

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