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John Sternal's ADM Blog (305)

Jumpstart Automotive Media Insights: 34% Are Shopping Luxury Brands, And They’re Not Always Who We Think They Are

Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, today released additional data from its eighth annual Insights Book that illustrates key demographic shopping trends among luxury and non-luxury shoppers. This collection of consumer shopping patterns spans Jumpstart’s portfolio of automotive websites representing 20 million in-market shoppers. Click…

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Added by John Sternal on May 23, 2018 at 6:47am — No Comments

MAY AUTO LEASE PRICES DROP ON COMPACT AND MID-SIZE VEHICLES, INCREASE ON MANY LUXURY BRANDS

Several Brands Offer Discounts to New Leases in Time for Memorial Day, While Many Luxury Brands Retain or Increase Monthly Payments

 Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings for the month of May.  Several brands offered discounts on cars & mid-size vehicles, while many luxury brands either increased or retained their current lease prices- encouraging Memorial Day weekend car…

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Added by John Sternal on May 22, 2018 at 7:08am — No Comments

Swapalease.com Unveils Quarterly Auto Lease Trends Report for Q1 2018

SWAPALEASE.COM UNVEILS QUARTERLY AUTO LEASE TRENDS REPORT FOR Q1 2018

Report Shows Fewer Dealer Incentives on New Leases Driving More Shoppers to Secondary Market

Swapalease.com, the nation’s largest online car lease marketplace, today released…

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Added by John Sternal on May 21, 2018 at 12:00pm — No Comments

Military Lending Act: What Dealers & Lenders Must Know During Memorial Day

With the Memorial Day weekend coming up, I wanted to make you aware of some information and insight from Equifax regarding the Military Lending Act (MLA), and a few key things auto lenders and dealers should know when working with service members.

 

According to Equifax:

 

Dealers and lenders are still trying to better understand what they need to know about MLA, and…

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Added by John Sternal on May 15, 2018 at 6:33am — No Comments

Consumers and Dealers Still Prefer Lease Deals Despite Rising Incentives on Auto Loans

Lease Payments Still Lower Despite Falling Residuals; Dealers and OEMs Not In…

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Added by John Sternal on May 9, 2018 at 11:00am — No Comments

Latest Auto Credit Trends Report from Equifax

Highlights:

  1. December 2017 and January 2018 saw a significant drop in lease originations as dealers and lenders placed more emphasis on incentives for auto loans.
  2. Subprime accounts saw a 9.5% decrease through January 2018, the lowest subprime share since…
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Added by John Sternal on May 7, 2018 at 9:00am — No Comments

New Lease Data Forecasts Compact and Mid-Size Vehicles are Best to Lease in the Month of May

Wantalease.com Data Shows that Compact and Mid-Size Cars could offer Attractive Lease Deals for May, based on April Lease Trends

CINCINNATI, OHIO – Wantalease.com, the nation’s first online marketplace for new lease deals, reports the latest update on new lease offerings for the month of April, and forecasts new leasing trends for the month of May.  Ford offered the most generous discounts on their compact and mid-size cars, while most luxury vehicles and mid-size SUV brands…

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Added by John Sternal on May 2, 2018 at 9:00am — No Comments

New Lease Data Forecasts Compact and Mid-Size Vehicles are Best to Lease in the Month of May

Wantalease.com Data Shows that Compact and Mid-Size Cars could offer Attractive Lease Deals for May, based on April Lease Trends

CINCINNATI, OHIO – Wantalease.com, the nation’s first online marketplace for new lease deals, reports the latest update on new lease offerings for the month of April, and forecasts new leasing trends for the month of May.  Ford offered the most generous discounts on their compact and mid-size cars, while most luxury vehicles and mid-size SUV brands…

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Added by John Sternal on May 2, 2018 at 6:50am — No Comments

How The Renewed Ford Ranger Pickup is Impacting Shopper Interest

Ford announced at the NAIAS in January that the Ranger pickup would return to the U.S. market, and shopper interest in the nostalgic pickup has been picking up, according to shopper interest data from Jumpstart Automotive Media.

 …

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Added by John Sternal on May 1, 2018 at 7:30am — No Comments

Equifax Highlights Additional Consumer Credit Trends Impacting Purchase Habits

Below are some additional data points from a recent consumer credit trends study conducted by Equifax. The initial release highlighted trends in awareness of credit amongst Millennials and Baby Boomers, as well as affordability expectations of Prime and Subprime shoppers. The online survey was conducted…

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Added by John Sternal on April 24, 2018 at 8:43am — No Comments

Jumpstart Automotive Media Path To Purchase Insights: Consumer Interest Across Trucks, Utilities and Cars, with Emphasis on Refreshes and Launches

Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, today released its monthly shopper interest data, with results showing increased shopper interest in key vehicle refreshes and upcoming launches, as well as pickups, utility vehicles and…

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Added by John Sternal on April 24, 2018 at 8:00am — No Comments

Jumpstart Automotive Media Path To Purchase Insights: Consumer Interest Across Trucks, Utilities and Cars, with Emphasis on Refreshes and Launches

Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, today released its monthly shopper interest data... The results showing increased shopper interest in key vehicle refreshes and…

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Added by John Sternal on April 23, 2018 at 12:00pm — No Comments

Hearst Autos Joins CDK Global Partner Program

Dealerships can expect higher performing placements and faster turnaround…

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Added by John Sternal on April 17, 2018 at 8:00am — No Comments

Lease Credit Approval Rates Rise to 67.3% In March

Lease Approval Ratings Continue to Improve in March Following Steady Monthly Approval Increases in Q1

 

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 67.3% approval rate in March, a rise from the February rate of 65.2%.

 

March experienced a higher number of applicants with qualifications that led to more approvals for taking over another…

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Added by John Sternal on April 17, 2018 at 6:58am — No Comments

PROTECTIVE ASSET PROTECTION REVEALS LATEST DEALER SURVEY ON VEHICLE SERVICE CONTRACTS/F&I OFFERINGS

Protective Asset Protection, a provider of F&I programs, services, and dealer-owned warranty programs, announced today results of its latest survey addressing dealer concerns and opportunities with F&I product offerings. Behind financing, additional F&I offerings represent the second-largest opportunity for margin growth for dealers (57.6%).…

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Added by John Sternal on April 16, 2018 at 8:27am — No Comments

New Lease Data Forecasts Which Vehicles are Best to Lease in the Month of April

Wantalease.com Data Show that SUVs and trucks will offer Attractive lease Deals for April, based on March Trends

 Wantalease.com, the nation’s first online marketplace for new lease deals, reports the latest update on new lease offerings for the month of March, and forecasts new leasing trends for the month of April.  Several brands offered discounts on mid-size and large SUVs, as well as truck deals, while most smaller vehicles and regular-size cars maintained or increased…

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Added by John Sternal on April 5, 2018 at 7:58am — No Comments

The Vehicles Expecting Moms Should Be Driving

POLL: According to a New Survey from Swapalease.com, Expecting Moms Most Likely opt for Mid-Size SUV’s with a More Trendy Style and Design

Swapalease.com, the nation’s largest car lease marketplace, today announced results of its “New and Expecting Moms” survey, where thousands of drivers across the country were asked about their preferences on vehicles for new moms.  

The majority of those polled 32% say mid-size SUV’s are the best vehicle type for expecting…

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Added by John Sternal on April 5, 2018 at 7:50am — No Comments

Most Recent Auto Credit Highlights for February 2018

  • 28.10 million auto loans and leases, totaling $611.3 billion, were originated January-December 2017, representing a 3.5% decrease in total new accounts, and a 1.1% decline in balances over the prior year, reflecting a market shift from new to used cars.
  • January through December 2017, 9.2% of auto leases were issued to consumers with a subprime credit score, the smallest subprime share since 2011.
  • The severe delinquency rate (share of balances 60+ days past due) on…
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Added by John Sternal on April 4, 2018 at 1:01pm — No Comments

Jumpstart Automotive Media Path To Purchase Insights: Midsize And Full-size Sedans Starting To See Growth In Shopper Interest During February

Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, today released its monthly shopper interest data results, with sedans representing four of the top-five fastest growing models for shopper interest in February. Mazda and Kia each saw strong interest, and sedans in both the midsize and full-size segments saw significant growth during the month.

Shopper interest in midsize sedans on both the luxury and non-luxury sides  grew 10%  compared to…

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Added by John Sternal on March 26, 2018 at 10:00am — No Comments

Hearst Autos Announces Two New Car and Driver Shopping Tools for Dealers and Automotive Shoppers: TRADE-IN VALUE and CREDIT SCORE

New Car and Driver Trade Appraisal and Credit Score Tools Elevate Confidence Among Consumers; Build More Flexibility Into the Transaction Price and Deliver Dealers a More Qualified Shopper

Hearst Autos, parent to Car and Driver, Jumpstart Automotive Media, Road &…

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Added by John Sternal on March 26, 2018 at 9:45am — No Comments

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