Majority of Auto Leases Stabilize Prices Entering Summer

55.3% of Today’s Popular Leases Retain their Monthly Payment Prices Entering June

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings, with prices on most of today’s popular leases holding steady from last month. Thirty-six different vehicles maintained their prices from the previous month to this month showing that lease prices are holding steady as we move into the summer months.

Only one vehicle is currently offered for less than $150 per month on Wantalease.com. The Ford Focus is currently priced at $149 per month, making it the most affordable vehicle lease for the month of June. The Ford Focus has lowered its price from last month, where it was previously listed at $179.

While most vehicle prices held steady entering June, dealers continue to offer aggressive prices on entry-level vehicles in particular. Two Entry-Level Cars are currently offered at less than $200 monthly. The Chevrolet Cruze and the Volkswagen Jetta are both priced under $200 per month. The Chevrolet Cruze is currently offered at $179 per month.

“We’re seeing prices stabilize on many leases entering summer, an indication that dealers were aggressive during spring and they’re looking to maintain these offers as we enter the summer months,” said Scot Hall, Executive Vice President of Wantalease.com. “Consumers will continue to increasingly search for aggressive deals from small cars to large, luxury trucks and SUVs.”

The vehicle that saw the largest price increase entering the month of June is the Cadillac CTS 2.0 RWD. This vehicle, which is currently offered at $489 per month, increased in price by 24.65% in comparison to last month. The Honda CR-V LX also saw an increase in price by 19.66, bringing the monthly payments to $259, followed by the Infiniti QX80, with an increase of 11.93% and monthly payments of $769.

Wantalease.com is a sister marketplace to Swapalease.com, the nation’s largest online marketplace for leases.

About Wantalease.com:

Headquartered in Cincinnati, Ohio, Wantalease.com is the world’s first online automotive marketplace for new car leases. For more information visit www.WantAlease.com.

Views: 24

Comment

You need to be a member of DealerELITE.net to add comments!

Join DealerELITE.net

About

DealerELITE created this Ning Network.

Latest Activity

Chris Branum posted a blog post
3 hours ago
Chris Branum posted a group
Thumbnail

Fixed Ops Marketing Strategy

Service, Parts, Accessories and Collision Marketing Strategy Group.Digital marketing ideas and…See More
3 hours ago
Jeff Cowan posted a blog post

Write Service Podcast: Episode 45- The Holes in Your Process

This week, Jeff continues the discussion on having a true process on your service drive. Some of…See More
11 hours ago
Todd Smith posted a blog post
12 hours ago
Black Book posted a blog post

BLACK BOOK HISTORY ADJUSTED VALUATIONS NOW INTEGRATED INTO DIMONT’S CLAIMS ADJUSTMENT SYSTEMS

Vehicle Values With Historical Performance Can Greatly Increase Accuracy in Claims…See More
13 hours ago
Holly Markel posted a video

3 Keys to Developing Employees on the Phone (Part 2)

CallRevu Vice President of Customer Experience Holly Markel shares the first of three keys to developing your staff to handle the phones properly in part 2 o...
13 hours ago
Steve Stauning's video was featured

Real Social Selling

If your salespeople aren't driving their own Up Bus, they're not doing everything they can to sell 20, 30 or even 40 units a month. Send them a link to this 49-minute lesson where they'll learn all they need to start generating real referrals from…
13 hours ago
John Sternal posted a blog post

August Auto Lease Prices Increase By Up To 54% On Several Vehicles

Several Brands Increase Lease Prices by up to 54% on Vehicles of All Sizes as New Model-Year Units…See More
13 hours ago
Steve Stauning posted a video

How To Sell Cars on Facebook: Real Social Selling

Originally recorded live as part of the Undeniable Advantage Live Video Webcast Series. Social Selling is real and it's happening today! Right now, dynamic, ...
13 hours ago
Thomas F. Jung posted a blog post
14 hours ago
Simon Hopes posted a blog post

Best Run about Boats For Family

If you are searching for a boat that is great for the whole family but it is also quite satisfying…See More
14 hours ago
Marsh Buice's blog post was featured
yesterday
Anne Fleming posted a blog post

In Dealer Reviews, Women Rate Female Sales Consultants Higher Than Male Consultants

Decrease the Gender Gap and Increase RevenueChanging Culture, Changing TidesWomen are buying 45% of…See More
yesterday
Marsh Buice posted a blog post
yesterday
Brett Sutherlin posted a blog post
yesterday
Anne Fleming's blog post was featured
yesterday

de sponsor

Get Newsletter

dE Sponsor

© 2018   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service