“BRIDGE-THE-GAP” LEASING HELPS CAR SHOPPERS AVOID DEALER INVENTORY SHORTAGES

MIAMI – (May 12, 2011) – LeaseTrader.com, the nation’s most popular online marketplace for car leasing, anticipates more car shoppers this summer to take part in “bridge-the-gap” leasing, where people take over someone else’s remaining short-term car lease until dealer inventory levels return to normal.

“Especially because of high gas prices, smaller, more fuel-efficient models will continue to be in high demand in the coming months,” said Sergio Stiberman, CEO and founder of LeaseTrader.com. “The production issues in Japan will create some shortages at the dealer levels, forcing shoppers to find a short-term solution until inventory returns.”

As mentioned in Edmunds.com’s recent report of “Do's and Don'ts on Coping with Rising Car Prices This Summer,” taking over someone else’s short-term lease is an effective way to bridge the gap so that car shoppers avoid possible inventory frustrations at the dealership.

--On LeaseTrader.com, inventory of leases with less than 12 months remaining is up roughly six percent compared with 2009 levels.

--Short-term vehicles in many categories, including compact, hybrid, mid-size and more, are all represented in the online marketplace.

--Monthly payments start at $225 per month depending on the vehicle, and there is no down payment when taking over someone’s remaining lease.

“The inventory shortage may create higher prices on some models, including smaller Japanese vehicles,” added Stiberman. “Taking over an eight-month lease with low monthly payments would allow a person to delay their car shopping until the beginning of 2012, when inventories are expected back at normal levels.”

About LeaseTrader.com

LeaseTrader.com, the most recognized name in car leasing, easily and affordably matches car shoppers with individuals looking to escape their auto lease. Visit www.LeaseTrader.com, on Twitter @Lease_Trader, or call 800-770-0207.