John Sternal
  • Boca Raton, FL
  • United States
  • Merit Mile
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John Sternal posted a blog post

SWAPALEASE.COM RELEASES LATEST FIGURES ON LEASE CREDIT APPROVALS SHOWING ANOTHER SLIGHT INCREASE FOR MARCH

Lease Credit Approvals Reached 72.9% in March; Up Slightly from 70.8% in February    Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 72.9% approval rate in March. The approval rate is a slight increase from the 70.8% approval mark in February.   The March number is also higher than the same time last year, when the approval rate was at 69.3% right at the beginning of the pandemic. The steady, incremental increase indicates consumer…See More
Wednesday
John Sternal posted a blog post

SWAPALEASE.COM LAUNCHES LEASE SWAP PROGRAM FOR USED AND CERTIFIED PRE-OWNED LEASE DEALS

More Manufacturers Are Launching Used Lease Pilot Programs    Swapalease.com, the nation’s largest car lease marketplace, announced today it has launched a Used Lease Swap program that makes it easier for drivers of used leases to exit their lease contract by finding someone else to take over the remaining portion of the lease.  Demand for used and certified pre-owned vehicles are increasingly in more demand as the industry continues to struggle with supply of new cars and trucks due to the…See More
Monday
John Sternal posted a blog post

February Auto Lease Payments Down for Honda and Toyota Brands

While Many Lease Payments Hold Steady, Some Brands Decrease Monthly Rates While Others  Test an Increase in Rates 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 February. Many lease payments are holding steady from January to February. However, there are a few car brands continuing to lower monthly rates while others increase their rates. Like last month, both Honda and Toyota are continuing…See More
Mar 22
John Sternal posted a blog post

MARKET SCAN CONSUMER SURVEY EMPHASIZES THE IMPORTANCE OF OFFERING CONSISTENT PAYMENT QUOTES DIGITALLY AND IN THE SALES SHOWROOM

Consumer interest drops dramatically when showroom offers are just $50 different from what consumer was quoted online   Market Scan Information Systems, Inc., an industry-leading automotive SaaS / PaaS solutions and data provider, today announced results from a recent consumer survey it completed focused on consumer behavior associated with automotive digital retailing. The survey highlights frustrations, expectations and provides valuable insight on how sales opportunities are lost when…See More
Mar 18
John Sternal posted a blog post

SWAPALEASE.COM RELEASES LATEST FIGURES ON LEASE CREDIT APPROVALS SHOWING SLIGHT INCREASE FOR FEBRUARY

CINCINNATI, OHIO (March 15, 2021) – Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 70.8% approval rate in February. The approval rate is a slight increase from the 68.3% approval mark that opened up the new year in January. The February number is just off slightly from the same time last year, when the approval rate was at 72.3% right before the beginning of the pandemic. The steady numbers indicate consumer credit levels are also…See More
Mar 15
John Sternal posted a blog post

Why New Production Sources of Tungsten Are Critical for Increased Global Supply

In the last year, there has been an explosive need for EV batteries. All car manufacturers seem to be following in the same footsteps as Tesla. In fact, Jaguar plans to become an “all-electric luxury brand” by 20251 as mentioned on ABCNews. This shift is also taking place in other motorized segments including trucks and mining machinery. With the COVID pandemic wreaking havoc on the U.S. and global economies with businesses and manufacturers having to close doors and furlough employees, the…See More
Mar 1
John Sternal posted a blog post

SWAPALEASE.COM RELEASES ITS FOURTH QUARTER LEASE TRENDS REPORT FROM 2020

Tesla and BMW Continue to Steal Marketshare from High-End Competitors Swapalease.com, the nation’s largest car lease marketplace, unveiled today its lease trends report from the fourth quarter of 2020, offering insight and perspective into the auto lease trends shaping today’s automotive retail and consumer preferences. Click here to download the report. The report looks at vehicle lease payment, term,…See More
Feb 17
John Sternal posted a blog post

JANUARY AUTO LEASE PAYMENTS UP ON SEVERAL SUV BRANDS WHILE OTHERS SLASH PRICES

While many SUV Brands Decrease Lease Payments, Others Increase Monthly Rates After the New Year to Meet the Segment AverageWantalease.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 January. While many truck lease payments have remained steady, SUV lease pricing is experiencing a split in both increases and decreases – depending on the brand.While Honda is increasing their lease payments on SUVs in the…See More
Feb 12
John Sternal posted a blog post

Inovatec Systems Corporation Receives SOC 1 Type II and SOC 2 Type II Attestations

Independent Audit Verifies Inovatec’s Internal Controls and Processes Inovatec Systems Corp., a provider of industry-leading, cloud-based software solutions for all financial institutions, today announced that it has completed its SOC 1 Type II and SOC 2 Type II audits, performed by KirkpatrickPrice. These attestations provide evidence that Inovatec has a strong commitment to security and to delivering high-quality services to its clients by…See More
Feb 3
John Sternal posted a blog post

Lease Credit Approval Rates Rise to 72.7% in December

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 72.7% approval rate in December.  The approval rate is significant considering approval ratings hit a low of 63.8% in April, the lowest rate reported since January of 2018.With the holiday season being an optimal time to buy or lease a vehicle, it is no surprise that approval ratings saw an increase in December. According to Experian’s State of the…See More
Jan 13
John Sternal posted a blog post

Wantalease.com: Pickups and SUV Lease Payments Increase Entering December

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings entering the month of December.  While most automotive brand payments remained steady, many SUV and pickup models saw payment increases. Among the most notable are the Ford Ranger, with a +14.86% increase from November, the Chevrolet Traverse with a +14.65% increase, and the Honda Pilot with a +11.15% increase. The Ford Ranger is offered at a payment of $325 per…See More
Dec 15, 2020
John Sternal posted a blog post

PURECARS AND ASBURY AUTOMOTIVE GROUP EXTEND RELATIONSHIP FOR DIGITAL ADVERTISING SOLUTIONS

Innovation & Collaboration Have Driven Down Advertising Costs While Enhancing the Retail Customer Shopping ExperiencePureCars, a leading provider of digital marketing and advertising insights for automotive dealers, today announced it has extended its relationship to provide digital advertising services to Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S.Even before the COVID-19 pandemic many automotive retailers began…See More
Dec 9, 2020
John Sternal posted blog posts
Dec 2, 2020
John Sternal posted a blog post

Equifax Appoints Lena Bourgeois as Automotive General Manager

Equifax (NYSE: EFX) has named Lena Bourgeois as automotive general manager, responsible for driving customer value and accelerating company growth in the automotive market. Bourgeois brings a strong background in data and information technology systems to the position, critical as automotive dealers and lenders embrace a digital automotive experience and navigate a challenging economic environment.“Lena has successfully led our Equifax automotive Enterprise Alliances for the last four years,…See More
Nov 17, 2020
John Sternal posted blog posts
Oct 21, 2020
John Sternal posted a blog post

Lease Credit Approval Rates Rise Slightly To 67.6% In September

Lease Approval Ratings Have Remained Steady Since AprilSwapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 67.6% approval rate in September, a slight increase from the August rate of 67.1%.September experienced a slightly higher number of applicants with qualifications for taking over another person’s lease contract and one of the highest approval rates for the entirety of 2020. However, the number of lease approvals is relatively low for…See More
Oct 12, 2020

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Which best describes you?
Vendor Partner
What company do you work for (or own)?
Merit Mile
What is your current position within your organization?
Director
What is your company website?
http://meritmile.com
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Google
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We are interested in sharing automotive insight, data and trends.

John Sternal's Blog

SWAPALEASE.COM RELEASES LATEST FIGURES ON LEASE CREDIT APPROVALS SHOWING ANOTHER SLIGHT INCREASE FOR MARCH

Posted on April 14, 2021 at 12:24pm 0 Comments

Lease Credit Approvals Reached 72.9% in March; Up Slightly from 70.8% in February  

  Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 72.9% approval rate in March. The approval rate is a slight increase from the 70.8% approval mark in…

Continue

SWAPALEASE.COM LAUNCHES LEASE SWAP PROGRAM FOR USED AND CERTIFIED PRE-OWNED LEASE DEALS

Posted on April 12, 2021 at 11:17am 0 Comments

More Manufacturers Are Launching Used Lease Pilot Programs   

 

Swapalease.com, the nation’s largest car lease marketplace, announced today it has launched a Used Lease Swap program that makes it easier for drivers of used leases to exit their lease contract by finding someone else to take over the remaining portion…

Continue

February Auto Lease Payments Down for Honda and Toyota Brands

Posted on March 22, 2021 at 11:37am 0 Comments

While Many Lease Payments Hold SteadySome Brands Decrease Monthly Rates While Others  

Test an Increase in Rates 

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on…

Continue

MARKET SCAN CONSUMER SURVEY EMPHASIZES THE IMPORTANCE OF OFFERING CONSISTENT PAYMENT QUOTES DIGITALLY AND IN THE SALES SHOWROOM

Posted on March 18, 2021 at 8:07am 0 Comments

Consumer interest drops dramatically when showroom offers are just $50 different from what consumer was quoted online  

 Market Scan Information Systems, Inc., an industry-leading automotive SaaS / PaaS solutions and data provider, today announced results from a recent consumer survey it completed focused on consumer behavior associated with automotive digital retailing. The survey…

Continue

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