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Swapalease.com Going Green

Cincinnati, Ohio February 20, 2008

Reacting to changing market conditions Swapalease.com improves user experience by including a new search category permitting lease seekers to target environmentally friendly vehicles. Swapalease.com users may now search the "Green" category utilizing various criteria consistent with earth conscience vehicles.

Swapalease.com states that "Green" results are intended to help lease buyers locate vehicles that are making an effort to reduce their ecological footprint. A combination of the following will be taken into consideration to qualify including alternative fuels, emissions, MPG, and recyclability. Management concedes the new search category may yield some initially surprising or non-traditional "Green" vehicle results.

For instance, many automotive consumers may not realize that GM is now offering a full size sport utility vehicle with a hybrid option netting significantly better than average fuel economy when compared to the competition. With hybrid vehicles now accounting for 2 percent of the new vehicle market more traditional "Green" vehicles such as the Toyota Prius will be represented, as well.

Automakers today consider environmental impact when choosing materials and designing manufacturing processes. For years BMW has marketed the fact that the vehicles they produce are environmentally friendly at the end of the product life cycle. The German automaker accomplishes this through extensive use of easily recyclable plastics and the use of non-toxic finishing materials primarily.

Speaking of performance oriented vehicles one should not jump to the conclusion that "Green" vehicles equate to low performance. A well known example of this is the 2008 Chevrolet Corvette that is rated at 26 MPG while producing in excess of 400 horsepower. Another example is the much publicized fully electric Tesla Roadster capable of 0 to 60 in approximately 4 seconds as claimed by the manufacturer.

Swapalease.com is the world's largest automotive lease marketplace and the pioneer of facilitating lease transfers online as evidenced by the company's patented processes. Conceptualized in 1997 it 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.

Swapalease.com has been featured in stories by CNN, MSNBC, Time and the Wall Street Journal as well as cited by leading search engine provider, Google.com as an online marketing case study.

The company is headquartered in Cincinnati, Ohio, and is privately held. For more information please call 866- SWAPNOW (866-792-7669).

Note to editors, Mr. Hall is available for interviews.

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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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