Want My Lease? Here, Have It!

 

Type in "transfer lease" or "trade lease" into any search engine and two sites come up as the most prevalent: leasetrader.com and swapalease.com.

These sites have become more commonplace as people struggle in the tough economic times to bail out of their pricey leases. Without such companies, individuals are forced to either pay off the entire contract balance or enter upside down into a new vehicle based on the unpaid balance of the previous lease. Of course, these options don’t suit many people, especially in today’s market.

The end result, traffic to leasetrader.com is up 42% year-over-year.

And, swapalease.com’s daily reach is seeing huge increases as well.

The end result is a win/win in my opinion. Those struggling are quickly able to end a burdensome lease and those looking for a short term vehicle option have more and more vehicles to choose from as more people seek this lease bailout option.

About Leif Cefalo:
At Compete, Leif Cefalo is a Sales Director. Leif is responsible for Inside Sales for Compete PRO Enterprise at Compete. Before Leif joined the Compete Team he worked in Client Services for a company intelligence database start up. His career aspiration is to lead a successful sales team with a start up environment. Connect with Leif on LinkedIn at http://www.linkedin.com/profile/edit?id=436617&trk=tab_pro
 
 
 

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