LeaseTrader.com Reports Top Auto Leases for August 2006; The Auto Lease Trade Index Helps Auto Industry Identify Key Trends

MIAMI--Sept. 5, 2006--LeaseTrader.com, the company that helps consumers transfer their car lease to another individual anywhere in the country, today announced results generated from its August 2006 Auto Lease Trader Index.

"We have developed this research tool to help monitor auto lease transfer activity throughout the U.S.," said Sergio Stiberman, president and CEO of LeaseTrader.com. "We believe the industry can reap the benefits of this data and use it to assist its forecasting efforts."

Millions of drivers often want or need to exit their auto lease contract before it expires. Whether it is a young couple that has a new baby on the way and now needs a larger vehicle, an SUV owner adjusting to higher fuel prices, or someone who simply wants to upgrade to a nicer car, lifestyle changes are fueling the online service. LeaseTrader.com matches individuals looking to exit their lease with individuals looking for a short-term lease, and helps people transfer out of their leases whenever they like.

In the past, the only way for a person to terminate an auto lease early was to pay the remaining terms or roll the negative equity into a new vehicle -- an option that can cost upwards of $10,000. Now, through LeaseTrader.com, consumers can easily transfer their car lease without paying the hefty financial penalties that come with early termination.

The top ten most popular transferred auto leases in America during the month of August, according to the Auto Lease Trader Index on LeaseTrader.com, were:

    1. BMW 3 Series
    2. BMW 7 Series
    3. Mercedes Benz E Class
    4. GMC Yukon
    5. Chrysler Crossfire
    6. Mercedes SLK
    7. BMW 5 Series
    8. Audi A4
    9. Lexus E Series
    10. Ford Trucks

The top ten most wanted auto leases in America during the month of August, according to user activity on LeaseTrader.com, were:

    1. Land Rover Range Rover Sport
    2. BMW 3 Series
    3. Mercedes SL500 and the new SL550
    4. BMW 6 Series
    5. Infiniti G35
    6. BMW Z4
    7. Mercedes CLS Series
    8. Audi A6
    9. Mercedes E Series
    10. BMW 5 Series

For more information visit http://www.LeaseTrader.com, or call 800-770-0207.

About LeaseTrader.com

LeaseTrader.com is an innovative provider of automobile lease transfers that easily and affordably matches car buyers with owners wanting out of their leased vehicle. Available to users nationwide, the service helps to match individuals who are currently leasing vehicles and wish to terminate their vehicle lease obligation with individuals who are seeking short-term leases with attractive payments and no money down. Started in 1998, LeaseTrader.com is privately held and headquartered in Miami.