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All ADM Blog Posts Tagged 'swapalease' (15)

AUTO LEASE PRICES REMAIN RELATIVELY STABLE THROUGHOUT JUNE

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings, with prices on most of today’s popular leases holding steady from last month.

Thirty-nine vehicles maintained their prices from the previous month to this month.…

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Added by John Sternal on July 18, 2017 at 6:00am — No Comments

SubPrime Car Leasing?

Should the auto industry be paying closer attention to SubPrime Leasing? Recent comments from KBB and Autotrader analysts said competition might be encouraging lenders to explore this profile further. But Swapalease.com believes this is a segment that not only offers lower-than-expected risk, but one that could benefit from more leasing options.

According to…

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Added by John Sternal on June 10, 2015 at 1:59pm — No Comments

CREDIT APPROVALS CONTINUE SLIGHT DECLINE FOR CAR LEASE SEGMENT

Swapalease.com, the nation’s largest car lease marketplace, reports the latest year-to-date credit approvals average recorded at 72.7% in September, down slightly from a 74.5% approvals rate YTD in August. The average YTD approvals rate considered to be “healthy” is 70%, according to the company.



A new auto lease trend appears to have formed over the last three months, one that shows the approval rate slipping during the previous three months compared with the same time last year…

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Added by John Sternal on October 23, 2013 at 2:41pm — No Comments


Influencer
Consumers Want to Use Text Messaging when Car Shopping

Text messaging has completely transformed the way we communicate today. Could it also be transforming the way we negotiate a car transaction? A growing number of people have used text message as a way to communicate and negotiate during a transaction on the Swapalease.com marketplace.

  • Car shoppers on Swapalease.com communicate with people interested in transferring out of their car lease. Executives at the marketplace believe as many as 25% of all transactions involve text…
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Added by Carroll Nguyen on July 30, 2013 at 1:00pm — No Comments

Survey Shows Change in Women's Perspective on Car Lease Market

A new survey from national car lease marketplace Swapalease.com reveals new insight into the difference in how men and women view a car lease. Swapalease.com, the nation’s largest car lease marketplace, conducted an online poll of 700 drivers during May. While the results show women have been reluctant to lease in the past, that trend may change in the coming years.

According to the results, 42.2% of women said they had never leased a car,…

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Added by John Sternal on July 23, 2013 at 2:41pm — No Comments

Next 12-24 Months, Leasing Should Continue to See Rise

Edmunds.com issued a report showing that current lease penetration (25%) is on pace to eclipse last year’s totals (22%). Swapalease.com also conducted a car shopping survey that recently asked drivers across the nation if they plan to lease their next vehicle. Roughly 66% of the 700 nationwide respondents said they’re “extremely likely” or “likely” to lease their next vehicle. Interestingly enough, of those who participated in the survey, 60.7% are not leasing their current…

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Added by John Sternal on July 17, 2013 at 1:48pm — No Comments

Volvo & Lincoln Perceived As Undesirable In Car Leasing Market

In a nationwide survey to more than 3,000 leasing drivers, only 12.5% of respondents feel Lincoln is very desirable, while 9% feel the same way toward Volvo according to data compiled by Swapalease.com. Participants were asked to rank their perceptions of certain luxury-type brands including Jaguar, Land Rover, Porsche, Infiniti, Lincoln and Volvo. Porsche scored the highest, with…

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Added by John Sternal on June 13, 2013 at 7:33am — No Comments

Chevy Cruze & Toyota Corolla Lease Drivers See Low Payments

Lease prices for vehicles on the road showed a mixed bag in May according to listings recorded by national car leasing marketplace, Swapalease.com. Yesterday’s Experian Automotive Finance Report shows leasing at 27.5% and at the highest level since 2006. What are people currently paying on their…

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Added by John Sternal on June 5, 2013 at 2:19pm — No Comments

Gas Prices Aren’t Negatively Impacting Consumers Decision To Travel Over Holiday Weekend

The start of the summer driving season is expected to be a bit of a mixed bag, based on feedback from a Swapalease.com Memorial Day Driving Survey conducted during the first two weeks of May. More people feel that gas prices aren’t negatively impacting their decision to travel compared with last year. However, fewer people plan on traveling during this year’s holiday weekend.…

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Added by John Sternal on May 23, 2013 at 8:12am — No Comments

2013 Shows Strongest Credit Health Since The Recession

The latest car lease credit approvals data show 2013 has started out with the strongest credit health since the recession. According to credit approvals data from Swapalease.com, the nation’s largest automotive lease marketplace, 77.3% of customers were approved during April, up from 70% during the previous month.



Credit remains the lifeblood of car leasing, and lenders…

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Added by John Sternal on May 14, 2013 at 2:30pm — No Comments

Lease Pull Ahead Programs Bring Flexibility To Consumers

Lease pull ahead programs allow drivers to wave their last remaining payments if they agree to immediately buy or lease a new vehicle of the same brand. Are they beneficial to the dealer, brand and customer?

With more off-lease volume expected in 2013, manufacturers and leasing companies are leveraging lease pull-ahead programs as a way to massage customer loyalty and keep people…

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Added by John Sternal on April 26, 2013 at 10:09am — No Comments

With Increase In Cost Of Ownership, Does It Make More Sense To Lease?

AAA recently unveiled its 2013 annual study in the cost of ownership for the typical sedan, available at AAA’s “Your Driving Costs” study, which revealed a nearly 2% increase in the cost to own and operate a sedan in the U.S. This report must raise a few…

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Added by John Sternal on April 18, 2013 at 7:32am — No Comments

Small Car Segment Take Fastest Growing Lease Market

Small cars aren’t typically synonymous with leasing. Rather, it’s usually luxury vehicles and trucks consuming the lease contracts. However, Swapalease.com has some new data that might show that more people are leasing smaller cars.



The Ford Focus was recently named the …

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Added by John Sternal on April 11, 2013 at 2:36pm — No Comments

January Shows Improvement in Auto Lease Credit Approvals

AUTO LEASE CREDIT APPROVALS INCREASE IN JANUARY

 

National car lease marketplace Swapalease.com reports its latest lease customer credit approval information, with positive trends continuing into 2013. According to U.S. Bank data, January credit approvals on Swapalease.com were 23.1% higher compared with the…

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Added by John Sternal on March 14, 2013 at 6:31am — No Comments

Domestic Makers Place More Competitive Pressure on Foreign Car-Lease Brands

The largest online car leasing marketplace in North America, Swapalease.com analyzed current inventory levels for today’s most popular car brands and compared it to inventory levels in 2010. Lexus, Land Rover and Jaguar, all popular car leasing brands, have seen their inventory fall over the last few years. Lexus has faced increased…

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Added by John Sternal on February 13, 2013 at 2:13pm — No Comments

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