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Porsche Cajun will be an SUV for a wider market

Drivers who plan on leasing a car that is both nimble and rugged got a new option this week when Porsche announced plans to develop a small, cheap SUV.

Auto industry experts had been guessing for months whether the German company would add another sports utility vehicle to its lineup to build on the success of the Cayenne.

Now Porsche has confirmed those rumors, and says it will name the new car "Cajun" - a contraction of Cayenne Junior and a nod to spicy New Orleans culture. The automaker plans to market the new car to younger customers who can't afford the $48,000 vehicle lease for an original Cayenne, according to Bloomberg.

Porsche is still laying plans for designing the vehicle, sales and marketing head Bernhard Maier said in a statement this week. The company could develop the Cajun in-house or design it around a shared platform  from a partner like the Volkswagen Group.

Pundits have already projected that the Cajun could go into production as soon as 2013 by sharing a platform and other components with VW's Audi Q5. Maier would not confirm that report, but Porsche told its German workers this week that it planned to increase cooperation with VW by creating future platforms for its sports cars and luxury sedans.

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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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