PDF Swapalease.com Auto Lease Trends Report 2nd Quarter | 2018
Auto Lease Trends Report
2nd Quarter | 2018
A snapshot of the auto lease industry
1
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 .
2
Auto Lease Activity in Q2 | 2018
In the second quarter, 2018, leasing bounced back from a slower start to the year, where more dealers emphasized incentives for financing programs. However, as the year grew deeper into the second quarter, dealers began to again make attractive offers on leases. Brands such as Buick, Volkswagen, and Infiniti saw greater search traffic and interest from consumers in the marketplace, according to second quarter search traffic data. Brands such as GMC, Lexus and Subaru saw their search traffic fall considerably. expects lease levels to continue to bounce back as the year progresses, fueled by an automotive market that has been resilient so far this year held up by a continued strong American economy.
3
Swapalease Q2 Lease Report
Q2 Searches by Brand
Domestic
Several brands saw searches up across the entire marketplace. Much of this Q2 activity was most likely driven by consumers looking for lease deals on the secondary market.
6% 3%
-1% -3% -4%
European
6%
0%
1%
-3% -3%
Asian
9%
4%
5%
-1%
-5%
-4%
-15%
-13%
-13%
*Compared to Q1 - 2018 4
Swapalease Q2 Lease Report
Q2 Searches by Brand
Domestic
European
Asian
Compared to a year ago, brands such as Toyota, Infiniti, and Mercedes-Benz all saw increases from the previous year Q2.
11% 3% 2% 9% 10%
16% 29% 23% 12% 2% 6%
35%
29%
29%
-7% -11%
-3%
-7%
-11%
*Compared to Q2 ? previous year 5
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