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Toyota hopes to entice lessees with newly redesigned Scion tC

After months of bad press from countless recalls and other brand issues, industry leader Toyota is hoping to return to the forefront of car leasing and attract a new generation of drivers. One way the Japanese automaker hopes to recapture its market share is through its youth oriented Scion imprint, which will introduce the newly redesigned tC for a price that is lower than many had anticipated.

According to Motor Trend magazine, Scion's 2011 tC will hit showrooms later this year with a starting price of only $18,995, including a $720 destination and handling fee. Though the price makes the vehicle a competitor in the small sports coupe segment, it does represent a $1175 jump from the 2010 model.

Yet with that money comes a number of upgrades over the vehicle's predecessors. The 2011 model comes with an upgraded powertrain in a new 2.5-liter I-4 running 180 hp at 173 pound-feet of torque. Alongside the added bite of the improved engine, the vehicle will also get a revamped six-speed transmission and hit 31 mpg on the highway.

The vehicle's aesthetics also get an upgrade, with a newly renovated interior featuring standard memory preset seats, iPod accessible audio and a new instrument panel.ADNFCR-3075-ID-19921906-ADNFCR

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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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