The number of lease transfers hits record levels
at Swapalease.com. Now more than 50% of all automotive
leases posted on Swapalease.com result in an initiated
transfer.
Columbus, OH, March 24, 2004 - Swapalease.com (http://www.swapalease.com),
the largest automotive lease marketplace on the Internet,
has announced that over 50% of all leases posted on
its Web site now result in a lease transfer being initiated.
Swapalease.com allows customers who want to get out
of their existing auto lease to transfer their obligation
to another party that wants to assume a short-term lease
with no money down.
In 2003 Swapalease attracted over 3 million lease buyers
and has attracted over 50,000 sellers since its inception,
creating the largest lease transfer marketplace on-line.
Since 1999 the company has transferred thousands of
automotive leases from every state in America.
“The success we have had in transferring auto
leases is a direct result of the enormous size of our
marketplace and our rapid expansion” explains
Wil Schroter, CEO of Swapalease.com. “The demand
for lease transfer has been overwhelming since more
and more customers realize they can now easily move
into and out of their lease obligations without facing
financial penalties.”
To date Swapalease has performed lease transfers in
every state in America and will be servicing Canada
as well in the near future.
For more information about Swapalease.com visit http://www.swapalease.com.
MEDIA CONTACT:
Pawan Murthy
Swapalease.com
513-381-0100
pawan@swapalease.com
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