ALBI le Géant purchases ByeByeBail.ca and ByeByelease.ca web sites to meet a growing need among consumers

MASCOUCHE, QC, March 11, 2015 /CNW Telbec/ - ALBI le Géant is pleased to announce today the acquisition of ByeByeBail.ca and ByeByeLease.ca, the pioneers of lease transfer web sites in Quebec. This is a natural and highly strategic association that confirms the leading position of ALBI le Géant in the automotive field in Quebec, while expanding its offerings by adding more services and activities. Each year in Quebec, around 20,000 leases are transferred[1]. This option is a very beneficial one to consumers, as a lease transfer is two times cheaper than a breach of contract.

Since 2003, ByeByeBail.ca and ByeByeLease.ca have allowed consumers to terminate their car lease contract while avoiding a complex and expensive process. Consumers can initiate a lease transfer or find a vehicle that perfectly matches their needs through a user-friendly platform and a process based on effectiveness, speed and visibility. ByeByeBail.ca and ByeByeLease.ca users have access to the latest listings, and benefit from targeted results based on extensive research criteria. The potential tenants can also profit from an incentive amount after taking possession of their lease.

"This acquisition complements our business perfectly and will add significant value to our increasingly diversified services. With ByeByeBail.ca and ByeByeLease.ca, we strengthen our ability to provide quality service to our customers while maintaining ALBI's culture of excellence. For us, the customer experience should be superior and impeccable: this is an essential part of our business model. Our philosophy is based on the premise that we treat our customers the same way we would want to be treated: with transparency, respect and professionalism. These are the best practices that we want to harmonize and communicate to our teams so that our customers can enjoy the same unique and renowned experience, no matter which ALBI concession or entity they deal with," said Denis Leclerc, President of ALBI le Géant.

According to data from December 2013, rented vehicles account for nearly 20% of all vehicles on the road in Quebec[2], and 5% of vehicle lessees break their commitment for the sake of change in their family, financial, professional or health situation[3].

ALBI le Géant was founded in 1978 by a couple in love with the city of Albi, France. The first Mazda Mascouche dealership was bought in 1997 by Denis Leclerc. Since, in partnership with the current vice-president, Louise Villeneuve, the company has accumulated many successes. It is experiencing unprecedented growth in the automotive world in Canada, so as to become the Groupe ALBI le Géant. To date, ALBI le Géant is made up of more than 32 businesses related directly to the daily operations of its auto dealerships. Of these companies, 19 are new vehicle dealerships representing 15 brands, and 3 used car dealerships. ALBI le Géant can count on a team of 900 dedicated colleagues. For more information visit our website: www.albilegeant.com. You can also follow us Facebook, Twitter, Google+, Pinterest, LinkedIn and watch our videos on YouTube.


[1] "Automobiles : bail à vendre? ", Rémi Leroux, Protégez-vous Magazine, August 2013.
[2] "Les Québécois et leur automobile : des liens tissés serrés". Desjardins Études Économiques, volume 24, April 2014
[3] "Automobiles : bail à vendre? ", Rémi Leroux, Protégez-vous Magazine, August 2013.

 

SOURCE ALBI le Géant

Image with caption: "ByeByeLease.ca (CNW Group/ALBI le Géant)". Image available at: http://photos.newswire.ca/images/download/20150311_C4976_PHOTO_EN_13056.jpg

For further information: To coordinate an interview or to obtain additional information, please contact: Cathy Laroche, Communications Director, Phone: (514) 475-1775, Email: claroche@albilegeant.com

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