With the beginning of the year showing much promise for the automotive industry in 2015, some experts are beginning to question if subprime lending will be a bigger issue. Banks and other financial institutions have found that subprime lending is an untapped market and they are willing to work with subprime lenders offering high interest rates and longer loans in order to make owning a car affordable.

The cost of owning a vehicle has increased and most consumers have been required to take out a 60- or 72-month loan in order to keep the monthly prices low. A recent article in the New York Post reported that experts are worried how subprime loans will affect the automotive industry. With a growing number of subprime loans and high interest rates on these loans, experts are worried of the risky implications of this practice.

What’s more, other industry experts say that there is no real risk in the amount of subprime lending because of the ways dealers can manage delinquencies on loans. However, for consumers not comfortable being stuck in the same vehicle for the next several years, there are other options. Taking over the remainder of an existing lease is less expensive, short-term alternative.

Swapalese.com helps individuals exit their lease early and allows others to take over the remainder of that lease. For individuals who no longer need their leased vehicle, exiting their lease early helps them save money. For those who no longer wish to drive their current vehicle and want something new, taking over an existing lease allows for that excitement every few months.

Swapalease.com is the largest online lease transfer marketplace and has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.