September 29, 2009 09:17 ET Launches Successful Auto Lease Swap Program in Canada

Canadian Leasing Drivers Now Enjoy Full-Service Benefits to Exercise Transfer Option of Car Leases

MIAMI, FL--(Marketwire - September 29, 2009) -, the most popular second-hand auto lease marketplace, today announced a new Canadian version of its highly successful online car lease swap marketplace. Via Canadian drivers now may list car leases on the Web site and transfer to other Canadians wishing to take over a short-term car lease. takes away the feeling of being trapped in long-term car leases and gives more automotive options back to the consumer. Life changes (loss of job, new baby, etc.) take place all the time, even unexpectedly. If a person can't finish a leasing contract or if they're simply bored and want a different vehicle, they can car lease swap with another credit-qualified Canadian driver. helps people walk away from a contract by matching them with credit-qualified automotive shoppers interested in taking over an auto lease.

"Many Canadians leasing vehicles experience all kinds of life situations in the middle of their contract that require them to change the type of vehicle they're driving," said Sergio Stiberman, CEO and founder of "Rather than be forced to pay out the remaining balance to break the auto lease, now allows Canadians to exercise their option to easily and affordably transfer their lease to someone else and adapt to their new automotive needs." is more than just a Web site to list an auto lease vehicle for transfer. The company also assists with insurance quotes, vehicle inspection reports and transportation quotes for lease vehicles not located in the same region for customers. Popular even in economic downturns, millions of consumers prefer leasing because they can drive a car and pay a smaller portion compared with financing. Lease swap allows people to get out from under their leasing contract on their own terms.

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