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Lease approval ratings improved in July following a slight dip in June, according to the latest report from Swapalease.com.
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Wantalease.com reports moves made by an ‘aggressive’ Nissan highlighted the month in auto leasing, maintaining an industry-low price for the Sentra and offering big discounts on the Titan and Pathfinder.
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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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The auto finance segment is growing at a healthy rate, but average new-vehicle loan amounts are outpacing the market, driving an increasing number of car buyers — including those with prime and superprime credit scores — out of the showroom and onto the used-car lot.
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Kelley Blue Book analysts have released their annual list of the top 10 sales and lease deals for new vehicles available during the holiday week.
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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.
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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.
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Unleash the power of your CRM by building your sales and marketing initiatives around clean customer data. Data quality expert walks you through the assessment, prevention, and remediation phases.
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Mounting losses have compelled many underwriters to jump ship on guaranteed asset protection, but it remains a cornerstone product that continues to perform for customers, dealers, and F&I managers.
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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.
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