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Fiat pitches natural gas for greener cars

Shoppers who look for cars with low emissions when they sign a vehicle lease may soon have more green options thanks to Fiat.

The Italian automaker is planning a return to the U.S. car leasing market after a three decade absence, with a fleet of vehicles that could run on natural gas instead of gasoline, according to Bloomberg.

The strategy would run against the current trend toward building hybrid and electric vehicles, such as the Chevrolet Volt, Nissan Leaf and Toyota Prius.

Fiat is already the undisputed champ of the European market for natural-gas engines, selling 80 percent of all methane-powered cars and 55 percent of light commercial vehicles. The design could be even more popular in America, where fuel prices should stay low thanks to large domestic gas reserves.

Natural gas-powered cars are also faster to refuel than the recharging required for electric batteries, Fiat argues.

"Natural gas is very suitable for the U.S.," Constantinos Vafidis, Fiat's transmission and hybrid development leader, told reporters. "Especially for public services and goods transportation, where vehicles are refueled from a central base."

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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

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Getting out of a cal lease early
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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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