A recent analysis of prices on today’s most popular car leases from Swapalease.com reveals that the Ford Fusion and Escape have the second- and third-highest jump in prices, respectively, over the last twelve months. Monthly lease prices on the Escape have risen 13.0% since November 2012, and prices on the Fusion have gone up 17.1% during the same period. Only the Infiniti G37 has risen more at 20.2% over the last twelve months. The twist to this data is that a recent Swapalease.com survey on brand popularity shows Ford in a first-place tie among the number of drivers leasing a vehicle. According to the survey, Ford and Mercedes-Benz are leased by 15.6% of respondents each, with BMW and Toyota next at 11.3% each.
This data and insight begs several questions:
- Why have monthly lease prices risen so much for popular Ford vehicles?
- What other Ford models have also gone up in price?
- What does it mean that Ford leases have simultaneously gone up in popularity?
- Does this signal the arrival of domestic leasing to rival European and Asian brands?
- How much higher will leasing go in 2014?
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.
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