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Swapalease.com, the nation’s largest car lease marketplace, reports average car lease prices declined -2.0% year-over-year based on listings entering the market during September. Prices on leases averaged $582.02 in September, down from $593.66 in September of 2012. These prices compare to an average of $578.06 recorded during August. Ford’s popular Escape, Focus and Fusion models all showed significant price jumps on monthly payments recorded in September compared with the previous…Continue
Added by John Sternal on October 15, 2013 at 2:10pm — No Comments
National car lease marketplace Swapalease.com reports its latest lease customer credit approval information, with positive trends continuing into the halfway mark of 2013. According to data from Swapalease.com, the year-to-date credit approvals rate recorded at the end of June was 73.9%, down just slightly from 75.3% approvals in May.
Swapalease.com considers a healthy rate when credit approvals reach 70% of all applications. Credit is extremely important in car leasing, and…Continue
Added by John Sternal on July 10, 2013 at 2:01pm — No Comments
Car lease deals are more plentiful today compared with just a few years ago, but how do today’s lease payments compare with pre-recession levels? National car lease marketplace Swapalease.com analyzed monthly payments in 2012 and compared with vehicle inventory from 2006, finding payments on many models have increased…
Added by John Sternal on April 3, 2013 at 1:36pm — No Comments
BMW Lets Drivers Out Of Leases
Another Example Of Lease Flexibility Benefiting Car Makers
BMW announced recently a program effective through the end of October that enables its lease customers to skip certain payments in an effort to boost sales of its new or certified used cars. BMW hopes to entice lease drivers by relaxing the strict policies of a lease contract.
Swapalease.com believes this latest…Continue
Added by John Sternal on October 17, 2012 at 1:06pm — No Comments
MIXED SIGNALS ON U.S. JOBS CARRIES OVER INTO AUTO INDUSTRY
Swapalease.com National Report Finds Drivers’ Confidence in Jobs Still Murky
The latest U.S. Jobs data again was underscored by mixed signals, with 114,000 jobs added on the positive yet continued shrinking of the overall labor force. Mixed data has carried over to the U.S. auto industry, where current jobs data offer a glimpse into the positives and negatives from a consumer’s perspective.…
Added by John Sternal on October 11, 2012 at 12:30pm — No Comments
What's the fallback option if you made a mistake by leasing?
As more people begin to lease again (latest figures show 24% of car sales as leases, up from 18% a few years ago), it's important to know the full picture of auto leasing. Sure, it's a great way to get more…
Added by John Sternal on September 13, 2012 at 12:38pm — No Comments
CUSTOMER CREDIT TURNS MORE POSITIVE
Recent Turndowns and Approvals Rate Show Possible Economic Trend
Credit worthiness means everything in car leasing, and Swapalease.com might have evidence of improving U.S. credit for consumers. Since the end of May, U.S. Bank customer approvals for taking over a car on Swapalease.com climbed to an average of 73.7%, compared with 55.5% the…
Added by John Sternal on August 29, 2012 at 12:28pm — No Comments