Expansion Signals Significant Activity in
Canada for Lease Assumption and Early Lease Termination
COLUMBUS, OH -- (MARKET WIRE) -- 07/07/2004 -- Swapalease.com
(http://www.swapalease.com), the world's largest automotive
lease marketplace on the Internet, has announced its
expansion into the Canadian marketplace for lease assumption
and lease transfer. This expansion will serve all ten
provinces in Canada and allow customers to easily terminate
their lease obligations without penalties or assume
low-mileage, late-model vehicles with no money down
and with short lease terms.
"Our success in the United States over the last
four years has demonstrated that the market for lease
assumption and transfer is very strong," explains
Wil Schroter, CEO of Swapalease.com. "In the last
couple years we have seen a very strong demand for the
same marketplace in Canada. We are ideally suited to
serve the Canadian market with a great deal of experience
in lease transfers as well as a broad suite of products
to help customers buy and sell their vehicle leases."
Swapalease.com now serves all 50 states in the U.S.A.
and all ten provinces in Canada. Customers will be able
to search listings in both countries and use the Swapalease
team to help facilitate their lease transfers when they
find the vehicle they are interested in. Since 1999
the company has transferred thousands of automotive
leases from every state in America.
For more information about Swapalease.com visit http://www.swapalease.com
About Swapalease.com
Founded in 1999, Swapalease is the world's largest
lease marketplace on the Internet. Swapalease services
all aspects of the automotive leasing lifecycle including
education, research, pricing, acquisition and lease
transfer. The company has offices in Cincinnati and
Columbus, Ohio and is privately held.
MEDIA CONTACT:
Pawan Murthy
Swapalease.com
513-381-0100
pawan@swapalease.com
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