Automotive Digital Marketing

Professional Community for Car Dealers, Automotive Marketers and Sales Managers

Loading... Be Patient!

National Report Finds Drivers’ Confidence in Jobs Still Murky

MIXED SIGNALS ON U.S. JOBS CARRIES OVER INTO AUTO INDUSTRY 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.

National car-leasing firm has data that show the current jobs status impacting drivers both positively and negatively. As an example, a recent study by the company found that 43% of drivers say they can increase their monthly car payment as much as $150 because of their job status. However, only 30% of those polled are comfortable with a car payment commitment beyond 2 years because of long-term employment confidence.

“In terms of the jobs picture, a glimpse into the average driver offers as many mixed signals as the employment data itself,” said Scot Hall, Executive Vice President of “On one hand we’re finding people are more willing to increase their spending on a car payment, but overall confidence in jobs is still less than stellar for many.” 

In another snapshot, 25% of drivers polled say they are extremely confident in the current jobs picture, compared with 35% who say they are concerned. And while a higher number of people (22% vs. 18%) say their credit score is better today because of their employment situation, 55% believe their credit is stuck at similar levels compared with the same time last year.

For a complete breakdown of the survey results please visit the blog.

Views: 26

Tags: Swapalease, auto, car, lease, leasing, transfer, vehicle


Oops... You need to stop "Lurking" on ADM and become a more genuine Automotive Professional by completing your membership registration. As a registered ADM Member, you can post comments, publish your own articles (be a star!) and start Forum discussions. Stop being an online "Peeping Tom" and JOIN ADM RIGHT NOW!

Join Automotive Digital Marketing

ADMPC is a Network for Car Dealers, Automotive Marketing, Advertising and Management Pros sharing Digital Strategies and Execution Tactics.

Please Consider Automotive Marketing Professional Community Sponsors

ADM Badge


Based On Your Interests...

ADM Consulting, LLC

Onsite/Offsite Combination ADM Consulting & Coaching
Select the maximum amount you want to pay each month
Sign up for

Automotive Marketing Tools

Get ADM Toolbar

Click here to take the ADM Member Survey

ADM Events

February 2018

Getting too many emails from ADM? Click mailbox below to control which types of alerts and updates you are sent......


Top Automotive Marketing Forum Discussions

2. How to Excel at Managing Change!

Posted by Garry House on January 25, 2018

Share the Best Content w/AutoMarketing Community

© 2018   Created by Ralph Paglia.   Powered by

ADM Badges  |  Report an Issue  |  Terms of Service