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Chevrolet will bring battery-powered Spark EV to U.S.

Shoppers who feel that leasing a car should not increase their gasoline budget will soon have a new choice for a battery-powered vehicle.

Chevrolet will start selling the Spark EV - an all-electric version of the Chevrolet Spark mini-car - in its California car leasing lots in 2013, the company said this week. Not yet intended for a full-scale distribution, the car will be available in limited quantities only in select U.S. and global markets.

Designers will create the Spark EV with feedback from drivers in Chevrolet's electric vehicle demonstration fleets in China, Korea and India. Then, engineers will build its electric motor with advanced nanophosphate lithium-ion battery packs from A123 Systems.

Launching another electric car could allow the automaker to expand its range of customers beyond the typical drivers of Corvette and Camaro sports cars, Silverado pickups, Suburban SUVs, and the Sonic and Cruze small passenger cars.

"The Spark EV offers customers living in urban areas who have predictable driving patterns or short commutes an all-electric option," said Jim Federico, global vehicle chief engineer for electric vehicles at Chevrolet. "It complements Chevrolet's growing range of electrified vehicles, including the Volt extended-range EV and the 2013 Malibu Eco with eAssist technology."

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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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