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WANT A HYBRID? NOT IN YOUR DREAMS

Literally, When People Dream About Their Ultimate Car, Forget Hybrids

CINCINNATI, OHIO (August 21, 2012)

America may be a nation of ‘going green’, but a recent Swapalease.com survey revealed hybrids score lowest among possible dream cars, even when price is not an issue. In fact, many respondents wrote in saying they feel diesel is the preferred source of fuel efficiency for the future.

More than 200 Swapalease.com nationwide members participated in its “What’s Your Dream Car?” survey, which ran from July 15 through August 15. When given a choice in the survey of their favorite hybrid, the majority of respondents declined to choose. Even rising gas prices haven’t spurred additional interest in the Toyota Prius, as average daily searches for the hybrid on Swapalease.com have fallen -16 percent since the beginning of July.

“People might be dreaming of fuel independence and better gas mileage, but they aren’t dreaming about hybrids,” said Scot Hall, Executive Vice President of Swapalease.com. “Our dream car survey illustrates that people want more ‘fast and furious’ in their vehicle of choice, not ‘lean and green.’”

"It's not terribly surprising that hybrids haven't topped the list of people's dream cars. So far, hybrids have tended to be utilitarian-looking vehicles, not sleek and fast-looking, and their relatively new, unfamiliar technology has only resulted in sales to about three percent of U.S. car shoppers in the decade-plus that they have been available," stated Edmunds.com Features Editor Carroll Lachnit. "Diesel popularity is understandable, as diesel cars get phenomenal mileage and don't require drivers to get used to anything new, other than pulling up to a different pump at the gas station."

Overall, the BMW and Mercedes brands held the greatest sway with respondents, with those brands capturing a large overall percentage of their applicable categories. Among luxury SUVs, the Land Rover Range Rover held 29 percent of the vote, with 26 percent of voters writing in options like the Porsche Cayenne and the Hummer 2. Write-ins account for 24 percent of the response for the convertible category, with the Audi R8 Spyder and the Porsche 911 Turbo Cabriolet accounting for another 40 percent between them.

www.swapalease.com is the first and only full-service online marketplace of in-process vehicle leases. With the goal of matching individuals who are currently leasing vehicles they wish to get out of, with individuals who are looking for short-term leases with attractive payments and no money down, it’s the perfect way to find the perfect vehicle for you.

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About Swapalease.com

The leader in lease transfers and lease assumptions. Swapalease.com can help you exit your vehicle lease early by marketing your car lease to lease buyers seeking a short term lease assumption or lease transfer. Buyers can assume or takeover a lease that fits their payment budget as well as choose a lease term that meets their needs. Swapalease.com is the lease trade leader, the largest lease trader, and the pioneer in the lease transfer and lease assumption business. Swapalease.com is your best option for both entering and exiting automotive leases cost effectively.

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Time Magazine

Websites like Swaplease.com have helped facilitate such transactions. You pay to dump a lease, but the price can be thousands less than you would owe if you turned the lease in early to a dealer. Meanwhile, buyers can pick up some sweet rides for hundreds less than their normal cost, with short-term contracts and no down payment.

USA Today

Consumers aren't limited to what's being offered on the auto lots. They can buy a car, or take over someone else's lease on Web sites like Swapalease.com, a popular site that act as matchmakers between buyers and sellers.

Wall Street Journal

Terminating a Car Lease

The problem:

Getting out of a cal lease early
The Solution:

Find someone to take over your lease through service such as Swapalease.com. The site charges a fee to post a listing, and say finding someone is easiest for leases with 24 months or less left.

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