What is being billed as "the Internet's first auto leasing service to successfully manage the entire auto leasing process for its clients -- from vehicle search and negotiation, to lease program comparison, to arranging for convenient delivery through a dealer in the customer's area" debuted Jan. 17 at www.leasebynet.com.

The site specializes in auto leasing, "to provide the customer with a more comprehensive and competitive advantage," according to Frank Pagano, president of leasbynet.com.

"Other online services act only as a referral service, or merely provide the funding source and leave the vehicle search and negotiations to the customer," Pagano said. "But leasebynet.com handles all aspects of the transaction, including vehicle and lease program negotiations for the ultimate convenience and satisfaction of the customer."

According to Pagano, clients of leasebynet.com are represented by an agent-advocate equipped with the best tools and business know-how to deliver the vehicle of their choice under the most attractive lease terms available.

Pagano said leasebynet.com regularly searches the national market for special pricing, rebates, incentives and lease funding on selected models, and then posts them on its Web site. "Its Easy Lease feature explains the leasing process from start to finish, and provides a free multi-bank lease quote on the client's vehicle of choice," Pagano said.

"Our responsibility as an agent for our clients is to locate their vehicle at a nearby dealer, negotiate the best price and combine it with a leasing program that offers the highest residual value and the lowest cost of money," Pagano said. "Then we arrange for convenient delivery. It's all about personalized service for busy individuals who are looking for a simple, direct, all-inclusive approach to auto leasing."

Pagano says he designed leasebynet.com around three key business attributes: years of experience successfully negotiating with dealers from coast to coast; utilization of the latest technology to identify and secure the best terms and a commitment to represent the client rather than the dealership or bank.

The service accesses the most competitive funding sources nationwide for the vehicle requested, according to Pagano. "Once a customer chooses to initiate the lease process, convenient delivery can be arranged in as little as 48 hours from the initial inquiry, depending upon vehicle availability," Pagano said. "Because leasebynet.com receives a processing fee of $49, dealerships know its clients are serious buyers and so are willing to negotiate more attractive terms."

In contrast, dealerships are less willing to quote their best price or to invest time and energy locating the right vehicle for casual shoppers, he claimed.

Once leasebynet.com presents the terms to the client and receives approval, a signed "Buyer's Order" is secured from the dealership prior to taking delivery. This eliminates any last-minute price changes or surprises, according to Pagano. "These and other procedures distinguish leasebynet.com from other online leasing services," he said.

"A true car leasing service acts as an agent for the customer, not the seller or the lender," Pagano said. "So we designed leasebynet.com to be a true car leasing service - a real advocate for our clients. There is no easier or more beneficial way to lease a new car."

For more information, visit the leasebynet.com web site at www.leasebynet.com, or contact the company via e-mail at lease@leasebynet.com.