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Back to School Means Backpacks, Notebooks, Laptops … and a Short-Term Car Lease

Media Contact:
Scot Hall
(513) 381-0100 x 1000
shall@swapalease.com

Cincinnati, September 6, 2011

Summer has come to its inevitable end, and for many families, there’s an additional dilemma on top of school supplies, meet-the-teacher, choosing classes and making the football team: transportation. From New York City to Los Angeles and in many towns and cities in between, massive school system budget cuts mean longer bus rides for students – and in cases like the San Francisco public schools, no bus at all for high school kids.

Add the lack of busing to ramped-up fall schedules, and the question becomes: who’s going to drive the kids to their schools, sports and activities? If one of those kids is a high school student with a driver’s license, the answer may be easier than parents think: a short-term lease vehicle moves the hassle of chauffeuring off their plate and onto his while keeping budget and safety in mind.

A short-term lease is easy to obtain and the answer to many parents’ prayers. A new (to the family) car will ease the demands on already-busy parents. For example, SwapALease’s online lease trading service (www.swapalease.com) is only full-service online marketplace of in-process vehicle leases, matching individuals who are want to get out of their lease, with people who are looking for short-term leases with low payments and no money down. Taking over someone else’s lease will tide families over until it’s time to figure out college transportation without obligating their cash long-term – an easy way to find a low-cost, convenient, safe vehicle for young drivers.

Another option is the rapidly growing ZipCar (www.zipcar.com), which has sprung up in urban areas and university towns across the country. Based on the core principle of “car sharing,” and with the catchy tagline of “wheels when you want them,” ZipCar rents fully-insured, safety-checked, clean cars by the hour or by the day. Just join the website (and become a Zipster, as they call their users), find a car near you, and reserve it via phone or online. Then pick it up, and it belongs to your family for the length of your contract. Hourly and daily rates and fees vary from city to city, with a $25 application fee and an average $50 annual fee. Gas, insurance and taxes are included at no extra cost.

School, soccer, cheerleading, youth group, hanging out with friends, orthodontist appointments, and even grocery shopping – parents can hand it all over to the kids with a short-term lease while finding a little spare time for themselves.

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

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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