Lease Approval Ratings Drop Slightly in August Following Increase in July
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 68.9% approval rate in August, a slight dip from the July rate of 69.1%.
August experienced a higher number of applicants with qualifications for taking over another person’s lease, as well as the highest number of applicants year-to-date. The month had a slightly lower approval…Continue
Here is the most recent auto loan and lease origination data and trends from Equifax.
Key Highlights: The percent of subprime to the total originations is at the lowest point since 2011 (currently at 20.7%).
Auto Loan Originations Observations reported through April 2019
Online Training Program Helps F&I Personnel Better Understand Product Offerings
To Elevate Profit and Customer Satisfaction Levels…
While 67% Of Auto Lease Prices Remained Steady in August, Trucks and SUVs Experienced Significant Price Drops
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 August. Over 33% of today’s popular automotive manufacturers of trucks and SUVs offered generous discounts on new lease deals.
While most car prices have remained steady in August, manufacturers offered…Continue