Pembroke Pines, FL -- (SBWIRE) -- 10/07/2009 -- SwitchTrader.com, the Florida based national online car lease transfer marketplace with the tag line "America's Lease Transfer Marketplace" has launched its "SwitchTrader Car Lease Repossession Prevention Program" The thrust is to help car lease owners stem the tide of repossessions currently sweeping the country.

As the ripple effect of a deteriorating economy and record unemployment grips the nation, individuals and families would welcome the option of not loosing their mode of transportation to the repo man. Switchtrader.com seeks to help car lease owners who are struggling with their payments prevent the trauma of loosing their cars to repossession and additionally having a repossession listed on their credit report, along with the possible collection efforts that usually follows ".

SwitchTrader.com is dedicated to helping consumers seeking to prevent their leased cars from being repossessed and their credit history from taking a hit. Car lease owners may be able to take advantage of SwitchTrader.com's " Car Lease Repossession Prevention Program " if they lease a vehicle through the finance arm of leading automotive brands, such as General Motors, Ford, Toyota, BMW, Mercedes, and many others.

The SwitchTrader " Car Lease Repossession Prevention Program " is part of SwitchTrader.com's lease transfer program which provides customers an online platform to offer their leased vehicles to individuals seeking to acquire a short term lease. "The double whammy of loosing job and car in some instances simultaneously, is a vicious negative cycle facing individuals and family's that need to look for work but don't have cars to do so" say's Mark Leiba director and founder of SwitchTrader.

Leiba further states our " Car Lease Repossession Prevention Program " will not only aid consumers by preventing repossessions and or penalties for breaking a lease contract, but will also aid lease finance companies by preventing them from expending the costs associated with repossessing a vehicle and the negative impact on their bottom line.

SwitchTrader.com instead gives people the option to transfer their lease to an individual deemed credit qualified by their lease finance company holding the title to their vehicle so they can walk away from the contract before it expires. The transfer process takes an average of 3-4 weeks to complete and SwitchTrader service costs just 99.95 to list a vehicle followed by a 129.95 transfer fee.

SwitchTrader.com matches car shoppers with individuals looking to exit their car lease.Privately held and founded in 2007,SwitchTrader.com is located in Pembroke Pines Florida.

For more information visit http://www.switchtrader.com or call 954-442-7409.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Pembroke Pines, FL -- (SBWIRE) -- 09/10/2009 -- SwitchTrader.com, the Florida based national online car lease transfer marketplace with the tag line "America's Lease Transfer Marketplace" has rolled out its "SwitchTrader Car Lease Stability Program" designed to help American families cut their bills by giving them the option of escaping a car lease contract they can no longer afford or need.

SwitchTrader.com is committed to working with consumers seeking to eliminate their car lease obligation without having to break their contract and pay the punishing early termination penalties. Car lease owners may be able to take advantage of SwitchTrader.com's "Car Lease Stability Program" if they lease a vehicle through the finance arm of leading automotive brands, such as General Motors, Ford, Toyota, BMW, Mercedes, and many others.

The SwitchTrader "Car Lease Stability Program" is incorporated with SwitchTrader.com's lease transfer program and offers customers vehicle listing options and personal account representation on all lease transfers. The average American family's monthly car bill is typically the second largest expenditure behind their mortgage. "Any opportunity to reduce or eliminate a monthly bill without a negative blow-back is always welcome by consumers,particularly in these harsh economic times". say's Mark Leiba director and founder of SwitchTrader.

Leiba further states " our program aims to assist in bringing stability to not only consumers by preventing repossessions and or penalties for breaking a lease contract, but also to lease finance companies by allowing them to maintain a stable balance sheet with the enhanced possibility that some of their loans will continue to be proforming.

When seeking to exit a lease, automotive dealers offers consumers only two options when they can't afford their existing lease: 1) pay off the balance or 2) roll the negative equity into a new car. Both situations are financially unworkable for many families in today's economic environment.

SwitchTrader.com instead gives people the option to transfer their lease to an individual deemed credit qualified by their lease finance company holding the title to their vehicle so they can walk away from the contract before it expires. The transfer process takes an average of 3-4 weeks to complete and SwitchTrader service costs just 99.95 to list a vehicle followed by a 129.95 transfer fee.

SwitchTrader.com matches car shoppers with individuals looking to exit their car lease.Privately held and founded in 2007,SwitchTrader.com is located in Pembroke Pines Florida. For more information visit http://www.switchtrader.com or call 954-442-7409.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm