Several Brands Continue to Offer Discounts on New Truck and SUV Leases Following July 4th Holiday Weekend
Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings for the month of July. Several automotive brands offered discounts on trucks and SUV’s entering into the month of July, while many small to mid-size vehicles either increased or retained their current…Continue
Secondary Marketplace Activity Picks Up With Shoppers Looking to Avoid Dealer Down Payments
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 68.4% approval rate entering July, relatively unchanged but up slightly from the 67.9% mark registered in May.
Even though lease origination activity at dealerships has been down slightly in 2018, lease takeover activity has remained healthy,…Continue
Subprime auto loan volume and market share has continued to decline this year, illustrating that auto lenders may be tightening lending standards. As lenders consider which loans to approve, they should use analytic tools that widen their opportunities and better understand which dealers offer the best potential for their book of business.
According To Most Recent Equifax Data on Subprime Activity:
--871,900 auto loans and leases have been originated YTD to…Continue
Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, has new insights into the top fastest growing brands during the month of May. Jumpstart looked at which brands saw the largest increase in shopper interest and searches across its network of publishing sites. See below for trend data.
Top 5 fastest growing brands in May (vs. April):