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Swapalease.com Sweet 16

Cincinnati, Ohio March 17, 2008

March Madness is upon us and with the squeak of hi-tops on the hardwood in the background; Swapalease.com is introducing the Sweet 16.. "What would the most successful online consumer automotive lease transfer web site have to do with the Sweet 16?" Good question. After all, Swapalease.com has nothing to do with college basketball other than the fact they are headquartered in Cincinnati, Ohio a collegiate hoops epicenter.

The Swapalease.com Sweet 16 refers to the most commonly searched vehicles on the company's web site. The following search results were calculated using 2008 year to date data through the end of this leap year's extra day.

  1. BMW 3 Series
  2. BMW 5 Series
  3. Toyota Camry
  4. Mercedes-Benz E Class
  5. BMW X5 Series
  6. Porsche 911
  7. BMW 7 Series
  8. BMW 6 Series
  9. Mercedes-Benz S Class
  10. Land Rover Range Rover Sport
  11. Chevrolet Corvette
  12. BMW Z4 Series
  13. Cadillac Escalade
  14. Mercedes-Benz C Class
  15. Mercedes-Benz CLK Class
  16. Audi A4

Obviously German offerings fared well with Swapalease.com users as evidenced by BMW holding 5 of the top 10 spots and 6 spots on the list overall. It is interesting to note that the Americans had twice the showing of their Japanese counterparts, but in fairness the two popular Yankees made appearances significantly later. Also noteworthy, SUVs earned three spots in the Swapalease.com Sweet 16 as fuel prices continue to rise.

Management added that 7 of the makes and models included in the Swapalease.com Sweet 16 offer convertible variants and that they are starting to see an upward trend in convertible searches with warmer weather right around the corner.

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.com

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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