Auto lease activity remained essentially flat, compared to the previous several quarters, according to Swapalease.com, an online marketplace that allows consumers to transfer their lease contracts with other interested individuals.
Read More →Car lease credit applicants registered a 72.2% approval rate in February, a 33.3% increase from January’s 50% approval rate but flat with a year ago, according to Swapalease.com.
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The Mitsubishi Mirage topped a list of the most affordable cars for retail leasing under a methodology that relies heavily on depreciation as a driver of total leasing costs.
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A record number of newer model year off-lease vehicles returning to dealer lots this year will be putting significant upward pressure on the late-model used market, according to the February 2017 Edmunds Used Vehicle Market Report.
Read More →Black Book released a white paper designed to help remarketers and auto lenders identify when and where used leasing makes sense for a portfolio.
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Beepi, a car-buying startup, announced that it will be adding a leasing option for its used-car buying service.
Read More →Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit approvals are lower again after a hike in February levels. Auto lease credit approvals for the month of March finished at 66.7%, down from the February mark of 70%.
Read More →WALTHAM, MA – Due to a strong residual market in 2011, Thermofisher’s Global Sr. Category Leader for Fleet & Indirect Services, Rick Odell, C.P.M., told Automotive Fleet that his group was able to short-cycle 350 leases in 2011, generating a 10- to 20-percent premium over the expected residual values.
Read More →ITASCA, IL – EMKAY, Inc., a nationwide full-service fleet leasing and management company, has launched an online tool for auctions/wholesale dealers to view Web-based vehicle maintenance history.
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