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LeaseCompare.com steps into leasing void
CINCINNATI (8/20/08)--LeaseCompare.com, an online direct-to-consumer auto lender, announced that it can provide leasing to consumers who want to lease Chrysler and other vehicle makes because a number of auto lenders have exited the leasing market. Chrysler announced last month that it would no offer auto leasing (News Now Aug. 8). “Even though Chrysler and other manufacturers are pulling back from leasing, there are still competitive lease options available to consumers if they know where to shop,” said Tarry Shebesta, Automobile Consumer Services (ACS) president. ACS owns LeaseCompare.com. LeaseCompare provides an interactive tool to evaluate new- and used-vehicle leasing options from financial institutions, including credit unions. Some of the top most-requested new vehicles for leasing through LeaseCompare include: the Mini Cooper, Honda Accord, Chevrolet Corvette and Toyota Camry. Top used vehicles include: the Chevrolet Corvette, Porsche 911, Infiniti G35 and the Honda Civic. “We have seen a huge increase in requests for hybrid models with the Toyota Prius up to over 500% from the last half of 2007,” Shebesta said. “And, for the first time, used hybrid demand is increasing because of the waiting list for many of the new models.”


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