Auto Industry Experiencing Nice Boost

As the economy continues to flourish, consumers are more confident making important and long-term purchases such as buying a car. What’s more, as Millennials are entering the workforce and adulthood many are purchasing their first car. As the automotive market continues to grow, consumers have more options when making the decision to purchase a car.

A recent report in Auto Remarketing divulged the results of the most recent Experian Quarterly Briefing. There are more vehicles on the road this year than the same time last year. A total of 249 million vehicles, compared to 247 million in 2013. What does this mean? The automotive industry has experienced a nice boost in automobile sales, especially in used cars.

Also, auto lenders have expanded their lending portfolios giving more buyers the opportunity to own a new or semi-new vehicle. Allowing buyers to take out 66- or 72-month loans, lenders are trapping drivers for the next few years in one vehicle. But why get stuck in a long-term loan when leasing a car allots drivers the opportunity to drive a new vehicle every year or so?

Car leasing has grown in popularity lately and it is a much smarter, cost-effective solution to purchasing a vehicle. Swapalease.com is the largest online lease marketplace helps drivers exit their lease early. Individuals looking to take over the remainder of a lease are matched up with someone looking to exit their lease.

Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information about Swapalease.com or how to exit your lease early, call 866-SWAPNOW or visit www.swapalease.com.

Are Autonomous Cars the end of Cruise Control?

As auto manufacturers continue to develop technology that helps drivers, such as cruise control, we can expect more advances to be made in the next couple of years. We have already heard about Google’s driverless cars that are being tested in California. Audi has also been developing technology that will take over a car’s steering under certain conditions.

A recent article in Forbes described how GM is also developing and testing the technology that will aid drivers, however it is not calling it autonomous driving. By 2017, GM’s luxury line of vehicles will be equipped with ‘Super Cruise’ technology, which can take control of the vehicle for a prolonged period of time.

GM’s super cruise technology is similar to Audi’s cruise automation and won’t completely take over steering, accelerating and braking of the vehicle. However, under certain circumstances, such as driving on the freeway, the driver is able to turn it on like cruise control, sit back and enjoy the ride.

With all of these advances being made in the automotive world, vehicles are now seen as disposable as cell phones. If we are able to upgrade our phones every year, why not be able to upgrade our vehicles as well? Swapalease.com makes that option viable. As the largest online lease marketplace, Swapalease.com makes it easy for you to get into a new vehicle more often.

By matching individuals looking to get out of their lease early with someone interested in taking over the remainder of that lease, Swapalease.com acts as a sort of matchmaker for car leases. What are you waiting for? Your perfect match is waiting to be found.

Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information about Swapalease.com or how to exit your lease early, call 866-SWAPNOW or visit www.swapalease.com.

Auto Leasing Helping to Support the Auto Industry

2014 has been a good year for the automobile industry so far. Auto sales have been steadily increasing and strengthened by Millennials as they continue to enter into adulthood and the work force. Moreover, car lease sales have increased by 25.6% according to a recent Experian finding.

A recent CNBC article expressed how the number of leased cars has increased, especially in the first quarter of 2014. Drivers have realized that leasing a car, many times, is more affordable and convenient than purchasing a car. Drivers who lease cars instead of purchase one are return customers, according to an Automotive News report.

The report detailed how 400,000 customers will be returning their leases this year and most will sign new ones for another two-to-three years. With this kind of turn around, the auto industry will always benefit from leased vehicle loans. For individuals who want to exit their lease early, Swapalease.com has the tools to facilitate the process.

Swapalease.com is the largest online lease marketplace with vehicles and customers in the United States and Canada. Swapalease.com matches you with someone looking to take over your lease. Why purchase a car and get stuck with it for the next five or six years, when you can take over a lease, making it a more economical and short-term decision?

Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information about Swapalease.com or how to exit your lease early, call 866-SWAPNOW or visit www.swapalease.com.

Auto Industry Getting Social

As technology continues to evolve and improve our lives, it has also served to bring us all closer together. Consumers are always looking to the latest and greatest phones to stay modern and up to date. Verizon Wireless, the mobile communications giant, will debut a smartphone app that will allow car sharing and benefit rental car companies.

It is no surprise that, as technology advances, we look to leading companies for cutting-edge products. The auto industry has done a great job coming up with what we will all be driving in the near future, driverless vehicles. However, until this is ready for drivers and traffic, we must content ourselves with the technology we have now, including Verizon’s mobile app.

Verizon Wireless announced that it will release a mobile app that will allow rental car customers to unlock a vehicle, according to Automotive News. As car manufacturers continue to integrate smartphone technology into displays, Verizon’s app will appeal to corporate fleets as well as for car-sharing services.

For individuals who don’t own a car and often rent one to get places ought to consider leasing a car. Swapalease.com is a different kind of online lease marketplace helping individuals stuck in their lease, get out. Leasing a car is not only cost-effective but you can get the latest technology at a fraction of the price of owning a car.

So what are you waiting for? Swapalease.com will match you with the car and lease that best fits what you’re looking for and will help throughout the process. Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information about Swapalease.com or how to exit your lease early, call 866-SWAPNOW or visit www.swapalease.com.

Higher Prices, Longer Loans and the Auto Industry

As the economy has slowly recovered from the Great Recession, the auto industry has seen a major increase in auto sales and loan lengths. Recently, lenders have become more comfortable loaning to subprime and deep subprime buyers. Researchers and analysts have taken notice and are weary of what these practices hold for the future of the auto industry.

An article in the Associated Press stated that financial institutions have begun to offer longer loan lengths and approve borrowers who would have been denied the loan in the past. As the average price of a vehicle has been consistently rising, borrowers have been forced to take out six and seven year loans in order to keep the monthly payments more manageable. And it’s not just on the finance side, as Swapalease.com has also experienced a rise in subprime shoppers applying for lease takeovers.

Dealers have also been offering big discounts in order to get more drivers through the door. Experts are cautioning lenders and the auto industry of the possible future effects because these discounts and lengthy loans resemble the same reasons of the economy’s downturn a few years ago.

Taking over a car lease is a smarter and more cost-effective choice to purchasing a car, particularly for those individuals in good credit standing. Why take out a 72-month loan when you can take over a car lease on Swapalease.com and drive a newer car every year or so? Drivers looking to exit their lease early are matched up with individuals looking to take over that lease. Don’t get sucked into a long-term deal when there are short-term solutions to getting into that sought-after vehicle.

Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information about Swapalease.com or how to exit your lease early, call 866-SWAPNOW or visit www.swapalease.com.

Car Shopping Also Appeals to Women

It has often been said that women are usually the decision makers of when families get a new car. If this is so, why aren’t more dealers advertising to women? A recent survey conducted by Swapalease.com found that women are more comfortable and confident negotiating than some men. This is because more are doing their due diligence and research before making the final decision on a vehicle.

A recent article in Auto Remarketing explored why women are becoming more comfortable going to dealerships when purchasing a car and what they look for in a sales adviser. For many women, buying a car is an emotional as well as financial decision and investment. They want to be reassured they are making the right decision. That is why many women cite respect as the most important factor when visiting a dealership.

Women have had a stigma that they aren’t able to negotiate or don’t understand the ins and outs of buying or leasing a car as well as men do. It is no surprise respect is the most important factor for many women. However, car dealerships aren’t the only place women can go to find a car. Swapalease.com has the best deals on thousands of leases. And in this marketplace, women enjoy the fact that they are working with other individuals when shopping for their next vehicle.

The largest online lease marketplace, Swapalease.com helps individuals looking to get out of their car lease. These individuals are matched up with drivers looking to take over the remainder of the lease. As women are more confident and comfortable negotiating, taking over a car lease not only makes sense financially but it also allows women to deal directly with the lease owner. Why pay a dealer fee when taking over a lease is more budget friendly?

The online marketplace has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, contact Swapalease.com at 866-SWAPNOW.

The Best Time to Get Into a Pre-Owned Vehicle

For the most part, pre-owned vehicle prices have been in decline and look to remain this way for the next two years. As stated in a recent CNBC article, used car prices have dropped by 11.8 percent from August 2013 to July 2014.

Right now is one of the best times to get a pre-owned vehicle. As the supply of used cars grows, there is less demand for them so dealers are looking to get those models off the lot for less. There has been a two percent decline in prices for midsize sedans from $15,000 in June to $14,700 in July.

But there are other options when shopping for a slightly used vehicle, and one that is still under warranty. Have you ever taken over the contract on an existing car lease? Leasing a car allows for much more flexibility and ease when making the decision to get into a vehicle and can be more cost effective than purchasing a car. Swapalease.com is the largest online car lease marketplace helping drivers get the best deal suited for them.

Also, leasing helps drivers avoid the depreciation situation because you’re not selling your car at the end of the term, but rather handing the keys back to the dealer.

Pairing drivers who are compatible, Swapalease.com helps individuals looking to get out of their car lease find someone willing to take over the remainder of their lease. Potential buyers can search car listings to find what they’re looking for and Swapalease.com will facilitate the lease transfer process. Don’t wait until the price drops on the car you’re looking to acquire when you can be driving that car right now.

The online marketplace has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, contact Swapalease.com at 866-SWAPNOW.

Millennials and the Future of Car Buying

As Baby Boomers and Gen Y continue to age, car manufacturers and dealers must find a way to reach Millennials. As this demographic continues to grow, their buying power and influence will be critical for car makers to acquire.

Millennials are emerging as one of the largest demographics, and will soon become influential decision makers and take up the bulk of the purchasing power. A recent CNBC article reported the importance of marketing to Millennials as they venture into adult life. Though they’re making major decisions later on in life, they will soon be the driving force in the economy.

Now that we’re in an age where we want the latest and greatest all the time, Millennials are leading this charge, particularly when it comes to car shopping. Gone are the days of holding onto the same car for ten years. According to Experian, the average length of ownership has fallen below 65 months, which means most people today get a new car every 4-5 years.

As Millennials look to social media for information when making decisions, Swapalease.com is a great place to start for individuals looking for a great deal on a vehicle. The largest online car lease marketplace, Swapalease.com has all makes and models to suit individual preferences, even tech-savvy Millennials.

For Millennials looking for compact cars, environmentally friendly models or for the best deal, Swapalease.com makes getting into one of these vehicles simple and easy. By matching someone looking to transfer out of their lease with someone looking to takeover that lease, both parties get what they’re looking for.

The online marketplace has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, contact Swapalease.com at 866-SWAPNOW.

Don’t Let Those Summer Deals Fall Away

As summer begins to give way to autumn, consumers are flocking to dealerships to get into a new vehicle before the season ends. Many dealers, however, have been experiencing a shortage of cars on lots to meet the demand. This demand, paired with a decrease in price, has made trading cars much like having the latest smartphones.

An article in USA Today chronicled this rise in demand and shortage of vehicles on dealer lots. According to the article, the average car has been staying on the lot for about 30 days, half of what is considered normal. Manufacturers aren’t stepping up their production for fear of oversupply. However, dealers are in short supply of some of their most popular models.

If you find yourself wanting to get a car but the dealer doesn’t have it, why get stuck waiting? Taking over an existing lease through lease transfer is a much more convenient and cost effective option. Swapalease.com is the largest online marketplace for car leases and car lease transfers.  Swapalease.com has the vehicle you want without the wait.

Acting like a match-making site of sorts, individuals get matched up based on their preferences and needs. Drivers looking to exit their lease are matched up with someone willing to take it over.  Just as people look to have the latest smartphones on the market, Swapalease.com makes the trade-up process for your vehicle much easier. Don’t worry about inventory at a car dealer; just check out Swapalease.com for the car you’ve been looking for.

The online marketplace has vehicles and customers in every state in the continental United States and Canada. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, contact Swapalease.com at 866-SWAPNOW.

Electric Car Chargers Paving the Way

Tesla is by far one of the most well-known electric vehicles on the road today. Not only is driving one better for the environment but individuals who acquire a Tesla must also take into consideration their driving habits. Since it is still relatively new, chargers aren’t as readily available. The manufacturers at BMW might have come up with a solution.

BMW recently announced they are in the process of producing a supercharger, according to The Car Connection. BMW’s charger is lighter, cheaper, and smaller than most charging systems. Similarly, it can charge the battery quicker to about eighty percent in thirty minutes.

The connector of BMW’s charger, the SAE Combo 1, is already being used by other electric car manufacturers, such as Audi, Ford, Porsche, Volkswagen, and Chrysler, and won’t be exclusive to BMW. As the quantity of electric vehicles being driven continues to increase, these charging stations will be readily available for most electric vehicles.

While you may not have the kind of means to purchase an electric vehicle, Swapalease.com offers you a sweeter deal. Why buy a Tesla or BMW when leasing one is easier and much more budget friendly? Swapalease.com is a different kind of auto dealer. Being the internet’s largest online lease marketplace, Swapalease.com has exactly what you’re looking for.

Matching people up according to what they’re looking for, allows for a compatible outcome. Individuals looking to escape their lease are paired up with individuals step in and take it over.

For more information on finding the best car lease deal or to learn how you can have a successful car lease trade, contact Swapalease.com at 866-SWAPNOW.