Leasing Demand from Small Businesses Grows 4.2 Percent

MIAMI - LeaseTrader.com stated that small-business demand for leases picked up over last year, growing from a drop last year of -1.8 percent to an increase of 4.2 percent this year. In addition, personal leases are being listed for transfer at a faster rate because more people are getting or keeping company cars at a more stable rate, up 4.5 percent this year versus -1.3 percent last year.

"While unemployment remains at still-high numbers, there continues to be rising consumer confidence that is putting people back on the roads a bit more compared to September data," said Sergio Stiberman, CEO and founder of LeaseTrader.com.