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Canadian Government Says Help is On the Way for the Auto Industry; Swapalease.ca Is Ready to Help Now

Cincinnati, March 9, 2009:

The Canadian Government recently announced federal budget initiatives that would include the purchase of $12 billion worth of car loans and lease agreements from finance companies; but it could be months before the funds even start flowing.

Swapalease.ca has announced that there is no need to wait: help is available now through Swapalease.ca’s special Canadian dealer promotions and free listing offer for Canadian consumers.

Although this new government initiative will help many, some concerns range from whether or not cash-strapped consumers will still be able to transfer their leases if necessary once the government has taken ownership of the financing and if dealers will be able to stay afloat while waiting for the funds to become available.

In an effort to mitigate concerns stemming from this government initiative and as a way of reaching out to Canadian consumers who may need it most right now, Swapalease.ca is currently offering a free listing for your vehicle. Visit http://www.swapalease.ca/special to list your vehicle for transfer at no cost with no strings attached.

Swapalease is the world’s largest lease take-over marketplace and has been helping thousands of consumers exit their leases early and save thousands of dollars since 1999. Swapalease.ca brings automotive lease buyers, sellers and local dealers together in one location and offers the best deals for both those looking to exit their lease early and for those looking for a short-term lease with little or no up-front cost.

But Canadian consumers aren’t the only ones who can benefit from Swapalease.ca’s relief package. Canadian dealers can receive five free advertisements and a free banner advertisement on the Swapalease.ca search results page as well as free account set-up. To take advantage of this special offer, call 1-888-SAL-SWAP. Exposure on the Swapalease.ca site garners more leads and more sales opportunities and provides a comprehensive marketplace for consumers looking for great deals.

For more information about Swapalease.ca or how to take advantage of these special offers for Canadian consumers and dealers, call toll free: 1-888-SAL-SWAP (1-888-725-7927) or visit http://www.swapalease.ca/special.

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@lizwinks 90% of leases are transferable. It is up to your leasing company if your lease is. Who do you lease through?
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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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