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Swapalease.com, the nation's largest online lease marketplace, compared truck inventory and consideration data from 2014 against 2012 and found that there has been a significant increase in the number of shoppers driving truck leases, and those looking for truck leases.
Topping the list is the Chevy Silverado, which has seen a 286.4% jump in Swapalease.com inventory, and an 89.6% increase in shopping consideration over the last two years.
Here are numbers on four of today's popular trucks showing an increase in lease activity on the Swapalease.com marketplace:
Percent Change From 2012 to 2014
Make Model Inventory Searches
Chevy Silverado 286.4 89.6
Ford F-150 69.0 51.1
Dodge Ram 1500 79.3 11.1
Toyota Tundra 110 27.6
"It has always been interesting to see trucks as a top driver of overall sales historically without this translating over to lease activity," said Scot Hall, Executive Vice President of Swapalease.com. "I think what you're seeing today, however, is a shift among traditional drivers of trucks who now see the value of strong lease deals available for popular truck models. Furthermore, the typical driver of a truck has always had the mindset of holding onto that vehicle for a long period of time, and truck technology is now advancing and refreshing more frequently, giving rise to the number of drivers who wish to upgrade every few years."
Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online.
More specifically Swapalease.com matches individuals who want to get out of their lease with people who are looking for short-term lease agreements. Prospective buyers can search the listings for the exact vehicle they want, and then register for a nominal fee, allowing them to use Swapalease.com’s safe online system to contact the prospective seller and close the deal.