Uber is looking to turn the leasing market upside down by helping its fleet of drivers obtain “short term” leases for a low, financial commitment ($250 deposit). The goal, of course, is to enable more drivers to have access to newer cars, which will result in more Ubers on the road.
Fundamental to this process is the notion of “short-term leasing”, which is still foreign to the industry as well as millions of potential drivers. I’d like to make available Scot Hall from Swapalease.com, who’s online marketplace has been facilitating short-term leasing for over 15 years. Scot can address any of the following:
- What are the benefits of short-term leasing?
- What are the pitfalls for short-term leasing?
- Who is short-term leasing good for, and vice versa?
- What will more shorter-term leases mean for dealers, OEMs and auto lenders?
- How can short-term leases work for sub-prime candidates?
- What happens to the influx of used cars resulting from short-term off-lease?
- What type of cars and trucks would make-up the short-term lease universe?
Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. More specifically Swapalease.com matches individuals who want to get out of their lease with people who are looking for short-term lease agreements. Prospective buyers can search the listings for the exact vehicle they want, and then register for a nominal fee, allowing them to use Swapalease.com’s safe online system to contact the prospective seller and close the deal. For more information about Swapalease.com or how to exit your lease early, call 866-SWAPNOW or visit www.swapalease.com.
Author: Swap ALease
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.