Georgia-based online vehicle inspection service selected
as exclusive provider for largest automotive lease marketplace
ALPHARETTA, Ga.--InspectMyRide.com, one of America’s largest consumer car inspection services provider, has been selected as the exclusive vehicle inspection provider for Swapalease.com, an industry pioneer and leader in lease transfers and lease assumptions.
Swapalease.com helps consumers exit their vehicle leases early by marketing their car to buyers seeking short-term leases with attractive payments and little money down. Now part of the website’s offerings, InspectMyRide’s comprehensive inspection will help consumers make more informed decisions about their next lease.
Shoppers (and swappers) have the option to order an InspectMyRide report through a link directly on the vehicle listing. Swapalease.com users will receive a 150-plus-point vehicle inspection from InspectMyRide, including a detailed report, digital photos, test drive (with current owner’s permission and weather conditions permitting) and Experian AutoCheck vehicle history summary.
“With an increasing number of consumer-to-consumer transactions taking place online every day, buyers want peace of mind that the product they are considering matches its description,” said Brent Sergot, president of InspectMyRide. “An InspectMyRide report is an affordable investment in a significant purchase. As a leader in the lease trade industry, Swapalease is a natural partner and we look forward to working with them in this capacity.”
InspectMyRide’s comprehensive reports provide car shoppers with a wealth of information about the vehicle before they complete their online lease or purchase decision. Within 24 hours of the inspection, customers receive e-mail notification and a link to their report on InspectMyRide.com.
Dave Reichle of Hamilton, Ohio, recently turned to Swapalease.com when looking for a larger vehicle. He found the one he wanted and clicked on the inspection link near the photo.
“InspectMyRide provided a detailed report within just days of ordering the inspection,” Reichle said. “With the report in hand, I was confident about signing a lease on my new SUV. I’m really pleased with the service and will absolutely use Swapalease—and InspectMyRide—again.”
The trend in swapping leases, taking over a short-term lease or getting out of a lease early is on the uptick. Through Swapalease.com, sellers can exit their leases without the expensive undertaking of buying out their lease. Buyers can get into a lease with less time commitment while avoiding expensive down payments.
“As the only full-service, online marketplace of in-process vehicle leases, Swapalease is pleased to partner with industry experts in consumer inspection services,” said Jennifer Streets, director of marketing at Swapalease.com. “InspectMyRide has a successful track record on sites such as eBay, Cars.com and AutoTrader.com’s VIP program, and we are confident InspectMyRide will deliver at the highest level for our customers.”
With more than $3 billion of vehicles listed, Swapalease.com is the largest automotive lease marketplace. Millions of buyers and sellers visit Swapalease.com each year to acquire, sell and trade leased automobiles. The Swapalease.com marketplace is comprised of new and used leases, as well as existing leases that are available for assumption by another buyer. In addition to offering existing leased vehicles, Swapalease.com also offers a variety of ancillary services including credit reports, vehicle inspections, lease calculators, educational products and logistics services to assist customers in the acquisition or sale of their vehicle. To date, Swapalease.com has transferred more than $750 million of leased vehicles.
About InspectMyRide LLC
InspectMyRide LLC is a subsidiary of one of the largest floor plan inventory verification and vehicle inspection companies in the automotive industry, DataScan Field Services LLC. DataScan operates an international network of field specialists who provide inspections of leased vehicles at the end of the lease term and report the results to the lessor. The company’s other key business is providing floor plan verification at automotive dealerships to confirm inventory on behalf of the floor plan lender. DataScan leverages its experienced associates and technological expertise to continually enhance its service offerings to major companies throughout North America. InspectMyRide has its headquarters in Alpharetta, Ga. DataScan has offices in Alpharetta, Cleveland, Ohio, and Toronto and Montreal in Canada and is a division of World Omni Financial Corp., a diversified financial services company headquartered in Deerfield Beach, Fla. World Omni operates as a subsidiary of JM Family Enterprises Inc., a diversified automotive corporation ranked No. 27 on Forbes’ list of “America’s Largest Private Companies.” JM Family is also ranked No. 17 by Fortune as one of the “100 Best Companies to Work For,” its 14th consecutive year on the list.
Oct. 19, 2012