Swapalease.com Auto Lease Trends Report 2nd Quarter | 2019

[Pages:18] Auto Lease Trends Report

2nd Quarter | 2019

A snapshot of the auto lease industry

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About The Report

studies lease market trends and consumer insights each quarter. In order to gain these insights the company studies a variety of lease market data, and takes the pulse of consumer appetites for leasing by presenting surveys to more than 2,500 drivers across the U.S.

The purpose of the report is to provide a deeper understanding to the industry on where U.S. auto lease activity is in the present market, and where it may be forecast to go in coming quarters.

Headquartered in Cincinnati, Ohio, is the world's largest automotive lease marketplace and the pioneer in facilitating lease transfers online. More specifically matches individuals who want to get out of their lease with people who are looking for short-term lease agreements. Prospective buyers can search the listings for the exact vehicle they want, and then register for a nominal fee, allowing them to use 's safe online system to contact the prospective seller and close the deal. For more information about or how to exit your lease early, call 866-SWAPNOW or visit .

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Swapalease Q2 Lease Report

Q2 Searches by Brand

has seen a number of consumers searching for deals on the secondary market shift their search preference toward emerging brands such as Tesla, Maserati, and Alfa Romero.

Domestic

European

Asian

6% 1%

-5% -8% -9%

-13% -15% -16%

-3% -3% -2%

-3%

-5% -6%

-5%

-12%

-12%-11%

-17%

*Compared to Q1 - 2019 3

Swapalease Q2 Lease Report

Q2 Searches by Brand

In a year-over-year comparison of the fourth quarter, the vast majority of brands all saw an increase in search activity.

Domestic

European

Asian

106%

65%

3% 9% 8% 15%

2%

15% 23%

4%

16%

5%

32% 17% 17%

26% 30%

-9%

-1%

*Compared to Q2 ? previous year 4

Swapalease Q2 Lease Report

161%5% 121%2%

3%2% 2%2% 0%0% 0%0% 2%1% 1%1% 0%0%

1%1% 4%4% 3%3% 1%1% 1%1% 2%2% 0%0% 1%1% 0%0% 0%0%

% of Total Traffic

Q1 `19

Q2 `19

During Q2, most brands saw similar search traffic share on the site from the previous quarter. BMW's share of search traffic held steady, as it remains the top searched brand on the marketplace. Several brands at 0% share have less than 1% visibility overall on the marketplace.

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Swapalease Q2 Lease Report

$444.76 $454.12 $458.12 $385.58

$788.57 $539.18 $532.86

$752.47 $836.75

$357.00 $704.98

$596.52 $365.85 $324.44 $404.80

$595.57 $529.58 $330.57 $413.52

Q2 Avg. Payment by Brand

Americans paid an average of $516.59 per month on their leases during the 2ND quarter. Down from $518.47 in the 1ST quarter.

a C HA E V Y C H R Y S L E RC A D I L L A C R A M

MB

AUDI HONDA TOYOTA INFINITI SUBARU

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Lease Term Trends

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Swapalease Q2 Lease Report

Months Remaining

28.9 28.8

Q1 2019

Q2 2019

Miles Remaining

23,752

22,615

Q1 2019

Q2 2019

Incentives

$589.10

$566.71

Q1 2019

Q2 2019

Q2 Lease Trends

The rising months remaining and miles remaining show that people are looking to escape their leases earlier, but also driving more.

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