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John Sternal
  • Fort Myers, FL
  • United States
  • Merit Mile
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John Sternal posted a blog post

WANT TO LEASE A CAR ONLINE? MANY U.S. CAR SHOPPERS “WOULDN’T EVEN KNOW WHERE TO LOOK”

Online shopping for purchasing a car has never been more popular. But what about if you want to compare leases through an online channel? According to participants of a recent survey from Wantalease.com, many respondents wouldn’t even know where to start. Executives at Wantalease.com and its sister marketplace, Swapalease.com, were curious about how average drivers feel about the online research and shopping process on a new lease. Click here…See More
22 hours ago
John Sternal posted a blog post

GM LEASE DEALS SHOW LARGEST PRICE JUMPS AND PRICE DECLINES ENTERING JULY

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, says certain GM models saw the largest drop in prices in June, with new lease deals offered on the Buick Regal Premium leasing for $229 per month, down from $426.46 in May. The Buick Lacrosse was being offered for $249 per month, down from $425.21 in May. The data was reported in the June Wantalease.com Lease…See More
Jul 9
John Sternal posted a blog post

Toyota's Focus On 24-Month Lease Terms

The 36-month lease has long been the norm in auto leasing circles, but Toyota and Chrysler are beefing up their 24-month lease offerings. According to a report in Automotive News:      "Toyota is seeing a strong shift into two-year leases this year, a trend that promises quicker customer turnarounds and fuller used-car inventories down the road. At Toyota Financial…See More
Jul 1
John Sternal posted a blog post

Car Lease Credit Approvals Reach New Low for the Year

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals during the month of May were 60.6%, the lowest monthly level of the year and down from January when the approvals rate was at 70.6%.Despite the overall approvals rating sliding down from a 2014 high in January, Swapalease.com attributes the recent slide to a significant higher number of applications over the last two months. In fact, 44.7% more applications have been processed in May and April compared to…See More
Jun 25
John Sternal was featured
Jun 23
Mark Frost commented on John Sternal's blog post Insurance Premiums Cause People To Change Their Car?
"There's no doubt in my mind that insurance premiums can cause people to rethink their vehicle choice. Unless you've got a spotless record and a great relationship with your insurance company, premiums can easily be $150 or more a month for…"
Jun 20
John Sternal posted a blog post

Insurance Premiums Cause People To Change Their Car?

Swapalease.com works with thousands of people each year looking to escape their lease contract before end of term for a variety of reasons. For the most part, people look to escape simply because they can no longer afford to make the payments, they’re bored and ready for something different, or they’ve had a change in their lifestyle (new baby on the way). But a new crop of reasons has started to gain traction from drivers across the country. While many of these reasons are unorthodox for the…See More
Jun 19
John Sternal posted blog posts
Jun 10
John Sternal posted blog posts
Jun 5
John Sternal posted a blog post

Full-Size Pickups Prosper, Full-Size SUVs Most Consistent

Here is this week's Used Car Market Report with the latest data from Black Book. Last week was a semi-short week as we all had the chance to remember and honor those who have served in the military. No matter where a holiday falls there is some effect on the rhythm of the auctions and buying and selling needs of the wholesale markets.Overall the changes to the values were more stable with no extremes in the level of change. Even though there were comments within the Black Book survey personnel…See More
Jun 2
Alexander Lau commented on John Sternal's blog post Consumers Breaking Car Lease Contracts Hits Near-Record Pace
May 28
John Sternal posted a blog post

Consumers Breaking Car Lease Contracts Hits Near-Record Pace

Swapalease.com, the nation’s largest car lease marketplace, says its customers continue to escape their car leases at a near-record pace. According to data from April listings, car lease drivers in April planned to escape their lease contracts 15.3 months into their lease, slightly off the record pace set back in January of 13.9 months. Based on lease contracts with an average term of 36 months, the current pace of exit continues to expedite in pace. Prior to 2014, the average person looked…See More
May 22
John Sternal was featured
May 21
John Sternal posted a blog post

TV Lease Deals Misleading Consumers

The majority of consumers shopping for a new car lease are frustrated with the disconnect between advertised automotive deals and the cars they end up looking at inside the dealership. These findings were part of a joint online study between Swapalease.com and Wantalease.com from April 10 – April 24, 2014, presented to more than 1,000 drivers across North America. Complete results of the study may be found by clicking here. Millions of cars have gone…See More
May 20
John Sternal posted a blog post

Seasonal Patterns On Car Prices Settle In

Here is this week's Used Car Market Report with the latest data from Black Book. It has been an extremely busy week for the Editors at Black Book attending physical auctions and watching other auctions online, while also analyzing thousands of records from remarketing data feeds from all across the country, We even had the opportunity to get hands on insight into a couple of significantly refreshed models that are soon to be hitting the new car market through the franchised dealers. Getting…See More
May 19
John Sternal's blog post was featured

Why Can't You Lease A Tesla?

No doubt, Tesla has become a highly successful car brand with a growing roster of fans.The company recently introduced a new, guaranteed "buy back" program that offers to buy back a Model S between 36 – 39 months at a guaranteed residual. On the surface this is positioned as a lease program. But it's really not a lease because you have to finance and pay taxes on the full…See More
May 16

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Merit Mile
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Merit Mile is an award-winning, full-service agency that offers web, advertising and PR services to the automotive community.
What will YOU contribute to the ADM Community?
We follow daily automotive trends and work to educate our clients so they are positioned as automotive thought leaders.

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John Sternal's ADM Blog

WANT TO LEASE A CAR ONLINE? MANY U.S. CAR SHOPPERS “WOULDN’T EVEN KNOW WHERE TO LOOK”

Posted on July 23, 2014 at 7:01am 0 Comments

Online shopping for purchasing a car has never been more popular. But what about if you want to compare leases through an online channel? According to participants of a recent survey from Wantalease.com, many respondents wouldn’t even know where to start.



Executives at Wantalease.com and its sister marketplace, Swapalease.com, were curious about how average drivers feel about the online research and shopping process on a new lease.…

Continue

GM LEASE DEALS SHOW LARGEST PRICE JUMPS AND PRICE DECLINES ENTERING JULY

Posted on July 9, 2014 at 2:05pm 0 Comments

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, says certain GM models saw the largest drop in prices in June, with new lease deals offered on the Buick Regal Premium leasing for $229 per month, down from $426.46 in May. The Buick Lacrosse was being offered for $249 per month, down from $425.21 in May. The data was reported in the June Wantalease.com…

Continue

Toyota's Focus On 24-Month Lease Terms

Posted on July 1, 2014 at 10:12am 0 Comments

The 36-month lease has long been the norm in auto leasing circles, but Toyota and Chrysler are beefing up their 24-month lease offerings. According to a report in Automotive News:

      "Toyota is seeing a strong shift into two-year leases this year, a trend that promises quicker customer turnarounds and fuller used-car inventories down the road. At Toyota…

Continue

Car Lease Credit Approvals Reach New Low for the Year

Posted on June 25, 2014 at 6:16am 0 Comments

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals during the month of May were 60.6%, the lowest monthly level of the year and down from January when the approvals rate was at 70.6%.

Despite the overall approvals rating sliding down from a 2014 high in January, Swapalease.com attributes the recent slide to a significant higher number of applications over the last two months. In fact, 44.7% more applications have been processed in May and April…

Continue

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