LeaseTrader.com Reports 7 Percent Rise in Chrysler Lease Takeovers in 2009

MIAMI, FL, May 27 (MARKET WIRE) --
LeaseTrader.com, the nationwide online marketplace for car lease
transfers, reports no drop off in Chrysler customers going through
LeaseTrader.com's car lease adoption program as a way to shop for a
vehicle lease. If anything, the company sees rising interest in Chrysler
vehicles.

Chrysler has reported falling sales numbers since its decision to pull
leasing programs. Conversely, Chrysler lease takeover activity through
LeaseTrader.com has been up seven percent so far in 2009. The majority of
LeaseTrader.com's Chrysler takeover customers have indicated they remain
loyal to the manufacturer's vehicle lineup and prefer to continue leasing
a vehicle because it is a better fit for their lifestyle compared to
outright financing programs. Car shoppers are no longer able to lease
vehicles through Chrysler dealers.

"Our waiting list for Chrysler leases indicates that people have not
fallen out of love with the brand, but they have fallen out of love with
their options through the dealer," said Sergio Stiberman, CEO and founder
of LeaseTrader.com. "Our Chrysler customers are interested in taking over
a vehicle lease through transfer because of the low prices and flexible
lease terms they can't find at their local dealer."

Chrysler fans can shop for a lease and customize their search by payment,
months remaining, mileage and even by location. LeaseTrader.com's car
lease adoption program allows car shoppers to "adopt" a car from another
lessee who no longer wants to drive the vehicle -- mainly due to economic
and financial reasons. The adoption program enables shoppers to pick up
the remaining portion of the lease at a lower monthly payment if the first
lessee is willing to pick up a portion of the remaining balance.

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 follow on Twitter @Lease_Trader, visit
http://LeaseTrader.com, or call 800-770-0207.

Copyright 2009, Market Wire, All rights reserved.

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