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Toyota: US-built Prius possibly six years away

People interested in acquiring a car lease for the next Toyota Prius may have a bit of a wait on their hands, since it was recently reported that a top executive from the Japanese automaker stated it could be six years away.

Executive Vice President Atsushi Miimi told Reuters that the motor and battery of the Prius was “not mature enough for local production” and that the company expected them to be ready “with the next remodeling.”

Originally, Toyota was set to produce the fourth generation Prius at its new Mississippi plant, but will not produce the Corolla sedan there.

The fourth generation Prius - the third generation was released in the U.S. in 2009 - is one of the most anticipated new vehicles to be released among hybrid car buyers and is expected to be released in 2016.

July 27 was the 10-year anniversary of Toyota’s launch of what has now become one of the most popular hybrid cars on the market, despite early reviews of the car that said the car was “not an economical or practical solution” to the country’s energy needs.ADNFCR-3075-ID-19911527-ADNFCR

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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.

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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.

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Terminating a Car Lease

The problem:

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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