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John Sternal's Blog – February 2016 Archive (3)

LEASE CREDIT APPROVALS REMAIN DOWN BUT SEE SLIGHT LIFT FROM DECEMBER LEVELS

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit approvals began 2016 lower than what they had shown during the last two quarters of 2015, but also showed a marked improvement from the December dip. January auto lease credit approvals finished at 63.6%, higher than the December mark of 54.5% when the year finished on a down note.

 

Sales in the…

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Added by John Sternal on February 23, 2016 at 11:46am — No Comments

The Biggest $$ Mistake Consumers Making With Car Leases

Is the lowest monthly car payment always the best deal? Not lately. And not with $2 a gallon gas.

New analysis from Swapalease.com shows that many car shoppers would end up spending less on their lease if they opted for more miles when negotiating their deal in the showroom. Why? $2 a gallon gas is having a lot to do with that since more people today are spending for extra mileage at the end of their lease. In each case it would have been cheaper to take the more expensive deal in the…

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Added by John Sternal on February 16, 2016 at 7:43am — No Comments

LEASE ESCAPE GROWTH HIGHER FOR TOYOTA THAN SCION ON SWAPALEASE.COM

Swapalease.com, the nation’s largest car lease marketplace, has new data that shows that Scion vehicles were performing adequately on Swapalease.com, and in some cases had better performance than certain Toyota models and other peers. The analysis was conducted following Toyota’s decision to wind down production of the Scion brand.

Toyota declared that Scion, a division of Toyota Motor Corporation, will be discontinued as of August 2016. The upstart brand was launched in 2002 in an…

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Added by John Sternal on February 10, 2016 at 7:28am — No Comments

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