The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

PR: LeaseTrading.com Appoints National Sales Manager

FOR IMMEDIATE RELEASE

LeaseTrading.com Appoints National Sales Manager

Hires Seasoned Auto Industry Executive, Expands Operations

PALM DESERT, Calif., March 8, 2004 -- LeaseTrading.com --
America's marketplace for car lease trading -- today
announced that it has appointed Nick Primavera as its
National Sales Manager.

LeaseTrading.com helps people get out of leases early-paying
only a fraction of the buyout cost-by finding buyers who are
looking for a great deal on a short-term lease. The Company
works with auto dealers across the country to help consumers
trade-in their leases early.

"Our products let car dealers trade-in leases early for a
fraction of the cost, enabling dealers to make more sales
while saving consumers thousands of dollars," said
LeaseTrading CEO Michael Penfield. "Nick Primavera's
addition to the team signals our intent to rapidly expand
our dealer program."

Primavera, who becomes the Company's first National Sales
Manager, brings 23 years of retail automotive experience,
including more than a decade in auto finance and leasing.
"Nick's experience in developing and motivating sales teams
at large dealerships in Southern California along with his
high-powered, straightforward approach to sales management
will be a great asset to the Company," said Dev Bhatia,
LeaseTrading's COO. In addition to Primavera, LeaseTrading
has recently hired to expand its customer and sales support
operations, Bhatia added. "We expect to bring in more
quality additions to the team as we move forward," he said.

Primavera's manpower experience began with four years in the
U.S. Marine Corps, which he left as a Sergeant. Born in
Columbus, Ohio, Primavera moved to California in 1979.

Industry experts project that auto lease transfers will
become a billion-dollar marketplace over the next five
years, as more consumers become aware of the marketplace and
its potential to save them thousands of dollars in exiting a
car lease. Currently, more than 17 million U.S. consumers
drive leased cars. More than 25% say they would exit their
leases early -- if not for the high costs.

About LeaseTrading Inc.

LeaseTrading.com is America's marketplace for car lease
trading. LeaseTrading.com is a privately-held Delaware
corporation headquartered in California. For more
information, contact Shirley Braginton, at
info@leasetrading.com or call us toll free at
1-888-280-9009. LeaseTrading.com. Get In. Get Out. For Less.

SOURCE LeaseTrading.com 

Shirley Braginton of LeaseTrading Inc., 1-888-280-9009,
info@leasetrading.com
Website:  http://www.LeaseTrading.com

                       # # #
 
Distributed by eReleases - http://www.ereleases.com

To be removed or revise your subscription, forward this entire email 
(including headers) to: newsbureau@ereleases.com

You are registered under this email address: submit@theautochannel.com