John Sternal's Blog – October 2015 Archive (3)

VOLKSWAGEN PASSAT AND JETTA AMONG LOWEST PRICED LEASES ON WANTALEASE.COM

Several carmakers continue to offer aggressive lease deals for less than $150 per month, including Volkswagen with current deals on the Jetta S ($139 monthly) and the Passat 1.8T Limited Edition ($179 monthly). These deals can be found on Wantalease.com, the nation’s largest online marketplace for new lease deals.



Volkswagen joins other brands such as Ford, Chevrolet, Honda, Nissan and Toyota as offering multiple lease deals under $200 per month. Chevrolet is offering three cars…

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Added by John Sternal on October 21, 2015 at 11:49am — No Comments

Volkswagen Lease Drivers Looking To Escape Lease Drivers

A quick note to provide additional information as it relates to the overall Volkswagen brand. The following insight is courtesy of Swapalease.com, which has been monitoring activity of Volkswagen lease drivers and shoppers considering the brand:

  • Number of listings in the transfer marketplace have jumped 20% from Sept. to Oct. (# of people looking to escape their VW lease)
  • Number of actual transfers are down -50% so far in Oct. compared with Sept. levels (fewer shoppers…
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Added by John Sternal on October 15, 2015 at 11:00am — No Comments

CAR LEASE CREDIT APPROVALS REACH THIRD STRAIGHT MONTH OF 80% SUCCESS

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals have crested above 80.0% approvals mark over the last three months, the first time approvals have shown this level of success in more than two years. So far in 2015, the lease credit approvals rate improved to 72.2% on the year.



The lease credit approvals also saw a noticeable jump from the same month a year ago, when just 64.5% of approvals were passed compared with the 80.0% this…

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Added by John Sternal on October 13, 2015 at 3:31pm — No Comments

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