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Swapalease.com Sees Renewed Interest in SUVs and Crossovers

CINCINNATI, Ohio Oct. 13, 2009

Buyer demand for SUVs and crossovers has surged in September, according to Swapalease.com, the world’s largest auto lease marketplace. According to user data, interest in top SUV and crossover models to lease has increased across the boards from August to September on the popular lease transfer Web site.

Searches for the ever-popular BMW X5 Series and the Mercedes-Benz M Class models on Swapalease.com had the most significant increase from August to September. Other popular SUV models include General Motors' Cadillac Escalade and Chevrolet Tahoe as well as the Porsche Cayenne, and Land Rover's Range Rover and Range Rover Sport.

Top SUV and Crossover Searches in September

  1. BMW X5 Series
  2. Mercedes-Benz M Class
  3. Cadillac Escalade
  4. Chevrolet Tahoe
  5. Porsche Cayenne
  6. Mercedes-Benz GL Class
  7. Land Rover Range Rover
  8. Lexus RX 350
  9. Land Rover Range Rover Sport
  10. Acura MDX

Swapalease.com officials contend that this is a possible sign of economic recovery as consumers are looking to get into bigger, more luxurious cars again.

"Swapalease.com closely monitors trends in buyer demand for leases through our web site user data," says Richard Joseph, a leading automotive expert and President of Swapalease.com. "Because of the recession and concerns about the environment many believe people are choosing to 'go green' with smaller, more economical vehicles; but our data proves otherwise."

An online car lease transfer is the most cost effective option for consumers who wish to exit a car lease early or to find someone to take over car payments they can no longer afford. Many people simply like to change vehicles often and benefit from taking over a short term lease in which they can easily accomplish this without putting money down or worrying about depreciation.

For more information about how lease transfers work or to exit your lease, visit www.swapalease.com.

About Swapalease.com:
Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. First conceptualized in 1997, Swapalease has evolved into a leading automotive consumer online destination servicing all aspects of the automotive leasing lifecycle including education, research, pricing, acquisition and lease transfer. For more information, please call 866-SWAPNOW (866-792-7669) or visit www.swapalease.com.

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About Swapalease

The leader in lease transfers and lease assumptions. Swapalease 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 is the lease trade leader, the largest lease trader, and the pioneer in the lease transfer and lease assumption business. Swapalease 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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