All the talk in auto leasing lately centers around used lease options. Toyota and Ally Financial recently announced expanded programs for used leases.

But how much would your monthly payments be on a used lease? Consumers would expect those monthly payments to be even lower since it's a three-year-old vehicle. But by how much?

National online auto lease marketplace, Swapalease.com, recently conducted a comparison of monthly payments on two popular trucks today, a 2016 GMC Yukon…

At what rate is “manual drift” occurring in the American auto industry, and is there a difference between the rate of manual transmission use between men and women? Swapalease.com, the nation’s largest car lease marketplace, recently analyzed over 50,000 driver records from its marketplace dating back to 2012 to uncover some interesting trends.

“Manual drift” is a phrase coined by Swapalease.com executives that addresses the slow sunset of interest in manual transmissions…

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit approvals are beginning to bounce back after a dip in the numbers in late 2015. Auto lease credit approvals for the month of February finished at 70%, an uptick from the January mark of 63.6%.

As a whole, the automotive industry is continuing to thrive as it did last year. Increasing numbers in lease credit approvals may aid in ensuring that 2016 follows closely in 2015’s footsteps, yielding…

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…

Black Book announces its latest white paper from the company’s Lender Solutions division, titled “Strategies To Help Maintain Profitable Leases In Your Portfolio”. Available by clicking here, the white paper discusses the possible conflicting market pressures that may temper the increase in leasing activity for lenders, and shows how collateral data can help shift portfolio strategies to maintain robust and profitable…

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…

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…

Wantalease.com, the nation’s first online marketplace for new auto lease deals, reports its lowest-ever lease deal offered entering January, with the Chevy Cruze LT starting at just $69 per month. The Nissan Sentra SV is also being offered at just $129 per month nine other vehicles are being offered for less than $200 per month.

While the majority of low lease prices are being offered on compact and midsize cars, a handful of small SUVs are also at the low end of the price spectrum.…

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals finished 2015 exactly at the 70.0% mark, squarely in line with what the company feels is a “healthy” rate of approvals. 

November and December lease credit approvals slipped slightly, bringing the moving twelve-month approvals average down from a high of 77.9% back in August. Despite the end-of-year downswing, lease approvals during 2015 mirrored the broader automotive industry with rising lease…

Swapalease.com, the nation’s largest car lease marketplace, has new data that shows where men and women are paying different monthly prices for the same exact car.



While conventional wisdom has often thought of women as having less negotiating power than men, a recent analysis of car payments shows women often have lower monthly payments on similar vehicles.  Although monthly payments…

According to Swapalease.com customer service reps, below are a variety of cars in different price ranges and the poor performing vehicle features/attributes that cause people to escape the lease contract.

Which Cars & Features Cause People To Get A Different Vehicle

Among all vehicles on the road, these are the vehicles and issues that are mentioned most often by drivers as a reason for wanting another car or truck:

• BMW 4 series - seating hurts back (no…

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals slipped to 75.0%, down slightly from the 80.0% mark reached entering October. Even with the change, the approvals rate on the year actually improved to 72.4%, a healthy mark for credit approvals.



Over the last three months, the lease credit approvals rate has been among the highest Swapalease.com has ever seen at 80.4%. In fact, Swapalease.com executives weren’t shocked to see the rate slip…

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…

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…

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…

Chevrolet proves that car shoppers can get a car lease for $99 per month, according to the latest lease deals currently offered on the Wantalease.com online lease marketplace. The Chevrolet Malibu can be leased for $99 monthly, along with 11 other vehicles with lease deals for less than $200 per month.



The Volkswagen Jetta S, Nissan Sentra SV and Chevrolet Cruze LT are being offered for less than $150 per month. This month’s popular lease deals are heavily weighted toward Compact…

Swapalease.com, the nation’s largest car lease marketplace, today released results of its NFL & Cars survey, where football fans revealed their favorite cars and also discussed which NFL teams remind them most of popular cars in automotive history. The majority of survey participants think the New England Patriots will win the SuperBowl this year, and also feel the BMW 5-Series should be Car of the Year.



Key highlights of the survey (…

Media reports have indicated that 100 million cars have been under recall since the start of 2014, with 74.2 million in 2014. According to Swapalease.com, vehicles under recall may not have a transfer processed until paperwork can be provided of the completed service. According to Swapalease.com, this added safety measure generates an additional step in the transfer process but is a necessary part to ensure vehicle safety.

 

Recalls Part of the OEM Marketing Strategy?…

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals entering July saw a healthy rebound from June levels, jumping 3.5% to an overall approvals rate of 72.0%, compared with just 69.6% in the previous month.



The year-to-date approvals rate improved to 68.0%, hovering closely to the “healthy” average of 70% that Swapalease.com has historically benchmarked. Swapalease.com executives feel the July numbers reflect the continued summer strength in…

Swapalease.com, the nation’s largest car lease marketplace, released results of its latest survey asking how interested consumers are to Tesla’s manufacturer-direct model when car shopping. According to the survey results, 67.4% of women and 75.0% of men are “all in favor of it”.



The online survey was presented to more than 2,500 consumers across the U.S. from May 10 – May 30, and the purpose was the find out if car shoppers are interested in buying or leasing a car directly from…