SOURCE: LeaseTrader.com

LeaseTrader.com

April 14, 2010 14:55 ET

LeaseTrader.com Expects Tax Returns and Deals to Drive Transfers

Tax Return Arrivals Feed Rising Consumer Confidence When Deciding to Purchase a Car Lease

MIAMI, FL--(Marketwire - April 14, 2010) -  LeaseTrader.com, the nation's most popular online marketplace for car leasing, says a growing number of people use their tax return as a leading factor when deciding to shop for a car lease.

As evidence by amazing offers, dealers are once again using leasing as the most attractive way to sell vehicles. The arrival of a person's tax return over the next several weeks will add confidence to their decision in leasing a vehicle. During this year's tax return season LeaseTrader.com expects nearly 25 percent of all lease transactions will be driven by confidence through the arrival of a tax return, up from 14.3 percent of tax return-driven deals in 2005.

As an example of great lease deals currently offered, the LeaseTrader.com marketplace has a 2009 Volkswagen Jetta lease with 26 months remaining for $197 per month, plus incentives. The site also has a 2010 Toyota Camry for $166 per month. At the retail level shoppers can lease a 2010 Honda Civic for $190 per month with other incentives included.

"With a much more stable credit landscape and increased confidence in projected values, it's currently a very good time to lease a vehicle," said Sergio Stiberman, CEO and founder of LeaseTrader.com. "The tax return arrival combined with growing consumer confidence and attractive lease deals should fuel more leasing activity this year."

LeaseTrader.com expects a lot of activity from people looking to escape a lease they're already in to take advantage of some of the great deals currently being offered. With a growing waiting list of shoppers looking to take over a short-term lease, it's currently taking less than five days for many to find a credit-qualified match for their lease.

About LeaseTrader.com
LeaseTrader.com easily and affordably matches car shoppers with individuals looking to escape their auto lease. Privately held and founded in 1998, LeaseTrader.com is headquartered in Miami. For more information visit www.leaseTrader.com, on Twitter @Lease_Trader, or call 800-770-0207.