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Scot Hall

Swapalease: Approvals Dip to 65% in June

Swapalease.com analysts say credit approvals declined after reaching 72.4% in May but report growing demand from consumers seeking lease contracts negotiated when incentives were stronger.

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Lease Prices Fluctuate for Nissan, Others

Wantalease.com reports changes to lease prices for a range of small, mid-size, and luxury SUVs, led by a 14% increase for the Nissan Pathfinder, as well as some Chevrolet, Cadillac, and Infiniti products.

Swapalease: Lease Approval Rates Hit 72.4% in May

Credit approval rates on Swapalease.com’s online lease marketplace soared to their highest number yet for 2019 last month, registering a 6.2% year-over-year gain and a 33.6% improvement from May 2017.

Lease Prices Steady Heading Into Memorial Day Weekend

Wantalease.com analysts report relatively flat lease pricing across most major brands, but increases on several popular models should give dealers enhanced latitude for holiday weekend lease discounts.

Swapalease: Approval Rate Up 1.8% in April

Lease approvals on Swapalease.com’s secondary marketplace ticked up to 72% in April, the highest rate since August 2018.

Luxury Sports Sedans Lose Favor in Secondary Lease Market

Swapalease.com’s Q1 latest report finds only 11.2% of lease-exchange customers favored luxury sports sedans in the first quarter, down from 17.7% in Q1 2018.

Ford Lease Prices Spike in Otherwise Steady April

Wantalease.com reports 75% of auto lease prices have remained largely flat so far in April, but several Ford models became more expensive after an incentive-laden March.

Swapalease: March Approval Rates Exceed 70%

Approval rates on Swapalease’s online marketplace were up 4.8% in March, registering a 70.7% approval rate, the highest since October.