Single Payment Car Leases

As you pick out your new car, there is the option to pay in full, upfront and drive home with no worries.

The option to make this one large single payment is also an option for a leased car upon signing. Paying the entire amount of the lease up front rids of the concern of making late payments and ruining credit.

Within this single payment option, there are two approaches to this option.

Approach #1

In this approach, you will pay for the depreciation value of your car, sales tax, and the total amount of monthly payments upfront. You will still need to pay interest on residual but will not have to pay interest on depreciation.

Approach #2

Monthly payments would be computed by leasing company that will include sales tax, then multiplied by that number by entire leasing term to calculate. This approach is easier to compute, where you are paying the same amount of lease if all monthly payments were added up.

 

As paying off your leased car upfront seems like the way to go, putting all that money down at signing can all go down the drain if the inevitable happens, like if your car is stolen or is totaled. The insurance company will only cover the market value of your car.

Now that you got a little insight on this option when getting your leased car, be sure to review all your options for the best deal possible. Luckily, Swapalease.com can help! Swapalease.com is the online marketplace with 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, visit Swapalease.com or contact them at 866-SWAPNOW.

Sunroof, Moonroof, or Panoramic?

So you have decided that your next car needs something different, something refreshing, like a sunroof! Or err…a moonroof? Panoramic sunroof?

Seems like there is more than one “car roof” than you thought, and you possibly are not even sure of the difference.

It’s ok, the three roof amigos seem to confuse a lot of people on their differences from one another. Keep on reading to understand more about their differences and awesome cars that have them!

Sunroof or Moonroof?

As many have heard of the “sunroof”, it is the generic phrase to describe the panel in the roof of a car which lets in sunlight. The sunroof is built into the roof of the car, typically with the same body color of the car and can be opened manually or electronically.

The “moonroof” is a common term used today to describe the inbuilt sunroof, a glass panel, the slides between the vehicle’s roof and headliner. It is practically the same thing as a sunroof, maybe the minor difference is the tinted glass panel.

There are countless options of cars with the sunroof/moonroof feature, standard or optional like the:

  • Honda Fit
  • Ford Fiesta Hatchback
  • Acura ILX
  • Buick Encore
  • Porshe Panorama

Panoramic Roof

Speaking of panorama, the “panoramic” sunroof/moonroof, has been classified as the “luxury sunroof”. This new sunroof is much larger and can also come in as a multi-panel moonroof (again, sunroof and moonroof are like fraternal twins). The panoramic sunroof/moonroof offers openings above both front and rear seats and may be opened electronically, or can be fixed into the roof of a car as unmoveable glass panels. Allowing refreshing light to flow in through its usually tinted glass roof. Below is a list of cars that come with standard panoramic sunroof/moonroof or have the option available:

  • Hyundai Sonata
  • Kia Soul
  • Ford Flex
  • Audi Q3
  • Jeep Cherokee

 

These lists can go on and on, and it is mostly a preference of how big you want your sunroof/moonroof. Would you like it only available above the front seats, or two panels: one for front and rear seats, or a large glass panel that stretches from the front to rear seats?

No matter what roof option you choose, Swapalease.com has a variety of vehicles with that awesome feature! We are the largest online lease transfer marketplace and have 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, visit Swapalease.com or contact us at 866-SWAPNOW.

Who Said Seniors Can’t Ride In Style?

Just because seniors are seen as “old” doesn’t mean they shouldn’t be out on the road! There are numerous cars that are built for everyone to ride, and a majority of them have the awesome perks of drive assist and blind spot monitoring. Buckle your seat belts, because here are four awesome rides seniors should be in, and available for lease!

2017 Chevrolet Impala

  • MSRP starting around $27,500, the 2017 Chevrolet Impala is the image for reliability and safety. This large sedan is an easy and comfortable ride with large controls and displays. It’s rearview camera makes reversing easier when stuck in a busy parking lot. It also carries the GM OnStar safety system, ready for hands-free calling, vehicle security, and collision assistance.

2017 Buick Encore

  • MSRP starting around $22,990, the 2017 Buick Encore subcompact SUV makes entering and exiting a breeze. Its rearview camera makes reversing easier. As well as the high seating positioning feature, get the most view possible. It also carries the GM OnStar safety system, ready for hands-free calling, vehicle security, and automatic crash notification.

2017 Subaru Forester

  • MSRP starting around $22, 595, the 2017 Subaru Forester offers the best visibility of almost all compact SUVs. It is also quite easy to enter and exit the vehicle. It’s rear-view camera makes backing out easy and convenient. It also has the option of obtaining the Eyesight Safety System, which provides blind-spot detection, rear-cross traffic alerts, pre-collision braking, lane departure warning and lane assist.

2017 Kia Soul

  • MSRP starting around $16,100, this sporty compact vehicle has low floors and big doors for easy entering and exiting. It also has plenty of cargo space to bring numerous items along for the ride. It’s active safety systems and forward collision warning helps keep the driver as safe as possible.

If you are looking for a car for a senior relative or if you are a senior who is looking for their new ride to show off, head over to Swapalease.com! We are the largest online lease transfer marketplace and have 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, visit Swapalease.com or contact us at 866-SWAPNOW.

The Leasing ABCs

You have begun searching online and reading up on information in leasing your first car? Unfamiliar terms can begin to sway your decision. Not to worry, here is a sneak peek at common leasing terms you will come across in your research and what they mean.

Did you know Swapalease.com has a Lease Glossary with even more leasing terms? Be sure to check it out for more information!

Dealer Participation: Amount dealer contributes to lower the total price of the vehicle

Depreciation: The value amount a vehicle loses over a specific period of time, or the difference between original price and residual value.

Disposition Fee: Amount paid at end of lease term, covering costs to prepare the returned vehicle for sale.

Lease Assumption: Refers to an outside party taking over a lease from the original lessee under the terms and conditions outlined in the original contract.

Lease-End Buyout: This is the originally contracted amount that the lessee can purchase the leased vehicle for at scheduled lease termination. This figure consists of the Residual Value plus the Purchase Option Fee if applicable.

Residual Value: Estimate worth of a vehicle as it ages, represented as a percentage of its original price.

Now that you have an idea of what you need, preparing to lease a car should be a little easier.

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 on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.

Lease Deals On 2018 SUVs For September!

 

 

 

 

 

 

September is rolling by and so are some new lease deals on 2018 SUVs!

Depending on your area, these deals can expire early October or late October, which means time is running out! If you have been waiting to upgrade your ride to a new SUV, check out the list of the few hottest 2018 SUV deals below.

Please check with local dealer for lease costs, monthly payments, expiration dates on deals, and mileage (if used).

2018 Volvo XC60

  • $449 a month, for 36 months, and $3,899 due at signing

2018 Dodge Durango SXT AWD

  • $379 a month, for 36 months, and $2,999 due at signing

2018 Volkswagen Atlas

  • $349 a month, for 36 months, and $3,299 due at signing

2018 Infiniti QX30

  • $319 a month, for 39 months, and $2,699 due at signing

2018 Jeep Cherokee Limited 4X4

  • $229 a month, for 42 months, and $3,499 due at signing

2018 Mazda CX-3

  • $219 a month, for 36 months, and $1,999 due at signing

Ready to lease out the SUV or look at any other vehicles you have your eye on? Swapalease.com has been helping people who want to switch up their ride for more than 15 years. Headquartered in Cincinnati Ohio, Swapalease.com is an online marketplace that carries a massive selection of vehicles to lease! For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW

2018 Pickup Trucks To Consider Having

Buying a truck is liberating. You’re ready to head to the beach, the hills, or some fun mud riding with your friends.

The only problem is that there are so many options of trucks to choose from that settling for one can be a difficult task. Here are five models coming soon that many consumers don’t even realize they need in their life.

  • 2018 Volkswagen Amarak  V6
    • Starting at $28,850, Volkswagen pickup truck carries a diesel engine, containing 178 horsepower and 310 pound-ft torque. This heavy duty truck can also carry around 1070 pounds of cargo. It is expected to be released sometime near October.
  • 2018 Honda Ridgeline Type-R
    • Starting around the $35,000 to $40,000, the new Honda Ridgeline packs a 3.5-liter 6-cylinder turbocharged engine with 360 horsepower. Be on the lookout for this pickup around late 2017.
  • 2018 Mazda BT-50
    • Starting around the $20,000 – $30,000 range, the BT-50 holds a 2.2-liter 4-cylinder turbocharged engine, 375 pound-ft torque and 148 diesel horsepower. Expect this pickup by the end of this year or beginning of 2018.
  • 2018 Mercedes X-Class
    • Starting around $42,758, this Mercedes X-Class holds a 2.3-liter diesel, equipped with the X2200 turbocharger, packing 161 horsepower. Get your hands on this Mercedes truck sometime in 2018 (or as far as 2019).
  • 2018 Tesla Model U
    • Starting from $60,000-$70,000, Tesla had added this pickup truck to its list of “smart” vehicles. Its 2.2 liter 4-cylinder turbo charged engine packs a 375lb-ft torque and 148 diesel horsepower. Expect to see this “smart” truck sometime in 2018 or 2019 (better late than never).

With these pickups coming soon to a dealer near you, or later, with some of these awesome tech features included, it will be worth the wait! Be on the lookout and check out the selection of pickup trucks on Swapalease.com. Swapalease.com is the largest online lease transfer marketplace and 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, visit Swapalease.com or contact them at 866-SWAPNOW

Mistakes To Avoid With Your Leased Car

Leasing a car can be confusing for first-time consumers and often, these consumers come face to face with dilemmas they put themselves in. If you are one of these consumers, here are some mistakes to avoid when having a leased car.

Not Tracking Miles Driven

Going over the mileage limit stated in the contract leads to fees you wish you weren’t paying along with your monthly payments. When negotiating a mileage limit, give yourself enough room depending on your work status or other factors that lead into how much your drive. Also, what if you need to make an unexpectedly long trip? At times, consumers agree to very small limits and soon regret it. Choose a limit that is flexible to your needs.

Ignoring Maintenance

When leasing a car, a few minor scratches is expected since we can’t really put a leased car in a protected bubble. However, if you turn in your leased car with more than just minor imperfections, you should expect to pay up for the damages. Any damage that happens to your leased car is your responsibility. From dents, to paint being removed from an accident, whatever it is, the consumer of the car needs to get those repairs done out of pocket before turning the car back in to avoid penalties.

Not Having Car Inspected Before Driving Off Lot

We get it, you just got your leased car and you are ready to take it home! Before you do that however, slow down and have it inspected by either the dealership you are leasing from or a certified mechanic. You don’t want to drive home with damages you didn’t cause, because in the end, you will be paying for them.

Leasing A Car Outside Your Budget

Many times, consumers want the car of their dreams and since they are leasing, they assume that since it is cheaper, they can get the fancy car they want. However, it doesn’t necessarily mean they can afford it. Be sure to go through your calculations and expected expenses on your car before leasing to make sure it fits within your budget.

Take these tips with you if you plan on leasing a vehicle or you already have your first leased car!

If you are looking to get into or out of a leased vehicle, check out the selection of vehicles online at Swapalease.com., the largest online lease transfer marketplace. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW

Car Lease Transfer

Some leasees find themselves ready to give up their leased car before their lease period ends. The majority of these leasees are transferring their lease for the first time and it is helpful to know a few important factors that go into transferring a car lease to a new owner. If you fall into this category, read below on how you can successfully transfer your car lease!

Is A Transfer Available?

Leasing companies tend to allow transfers of leases, but there are a few out there who do not have this option available. You should read your lease contract or ask the leasing company if they can transfer. Also, if a company does have the option to transfer, lease transfer must have fallen between a certain time frame after the car has been leased.

Who Can Take Over Your Lease?

Whether the transfer is for a close friend, family member, or some random person who is interested, you should give a detailed explanation of what the terms are of the lease and what payments still need to be made. If you have trouble finding someone to transer your lease to, try posting classified ads in the local newspaper, posting an ad in your local supermarket, or posting on a public online message board.

Found A New Lease Holder, Now What?

Once you have found someone agreeing to take over your car lease, it is necessary for them to complete a credit application, which is available if you call your leasing company and grab a copy of the application or the new lease holder calls and gets one.

Once the credit application has successfully gone through, it is smooth sailing from here. You and the new owner of the leased car will need to complete a short transferral form to complete the process. The leasing company will notify you when the transfer is complete and will give the car to the new owner.

 

The opportunity for you to transfer your lease is an easy process with Swapalease.com! Swapalease.com is the largest online lease marketplace with the best car lease deals. Call to learn how you can have a successful car lease trade at 866-SWAPNOW.

Get Couped Up In These Fuel Efficient Two-Seaters

Summer is blazing away and consumers are in season to trade in their car or lease out a car. Cruising in a two-seater actually sounds pretty nice as your next ride, right? Because of the summer traveling you might do or just want to downsize the size of your car, here are the top three fuel-efficient two-seater coupes and a few features! Dive into their specs and see which one is calling your name!

Mazda MX-5 Miata Sport

Starting: $26,395

MPG: 26 city/ 35 hwy

Engine: 2.0 Liter, 148 lb-ft of torque, 155 horsepower and 6-speed Sport automatic transmission

Features: LED headlights, black drop top with rear glass window, Bluetooth, and dual airbags and side-impact airbags.

Audi TT Coupe

Starting: $43,500

MPG: 23 city/ 30 hwy

Engine: 2.0 Liter. 258 lb-ft of torque, 220 horsepower, 6-speed S tronic® dual-clutch transmission, and quattro® all-wheel drive.

Features: Full LED headlights, rearview camera, Audi Side Assist, Bluetooth, and driver and front passenger dual-stage airbags, front thorax, side airbags, knee airbags, and Sideguard® head curtain airbags.

Porshe Cayman

Starting: $52,142

MPG: Manual 20 city/ 23 hwy | PDK Automatic 22city/ 32 hwy

Engine: 2.7 Liter, 6-cylinder, 275 horsepower, 213 lb-ft torque, and 6-speed manual rear-wheel drive and PDK Automatic.

Features: Low and high beam xenon headlights, ambient dimmable LED lighting, high-resolution 4.6 in. color display, Bluetooth, and full-size front, head, thorax, and knee driver and passenger airbags.

Ready for your dream two-seater coupe? Luckily, Swapalease.com offers all these models you just looked over, and more! Swapalease.com is the largest online lease transfer marketplace and 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, visit Swapalease.com or contact them at 866-SWAPNOW

Upcoming “Gotta Have It” Cars You Need!

With the summer months ready to fly by in an instant, this means dealerships are getting ready to put out new cars in a couple months that are creating a stir, becoming “gotta have it” rides to show off during the remainder of the year. Here are a few of the anticipated cars coming late summer and fall.

Late Summer

2018 Volkswagen Tiguan – Mid-Size Sporty SUV

  • MSRP starting at $24,995
  • Engine 2.0 L 4-cylinder, Standard turbocharged 200-hp engine and available 4MOTION all-wheel drive, 6-speed automatic transmission with Sport mode
  • 40/20/40-split folding, sliding rear seats
  • Rearview Camera System and VW Car-Net® Security & Service

2018 Alfa Romeo Stelvio – Hatchback

  • MSRP starting at $41,995
  • Engine 2.0L Direct-Injection I4 Intercooled Turbo Engine, 280 HP*, 306lb-ft of torque, 8 Speed Automatic Transmission
  • Standard 40/20/40 split fold-down rear seat
  • Integrated Brake System, Standard Backup Camera with Rear Park Sensors, Available Forward Collision Warning Plus

Fall

2018 Ford F-150 – Truck

  • MSRP starting at $27,380
  • Engine 3.3L V6 that generates 282-horsepower and 253 lb-ft of torque, 10-speed automatic transmission
  • Cargo Box Length @ Floor (in) 78 and Cargo Volume (ft³) 62.3
  • 360-degree camera technology helps with parking and connecting a trailer, Segment-first Pre-Collision Assist with Pedestrian Detection, Lane-Keeping System

2018 Buick Regal TourX – Mid-Size SUV

– MSRP starting at $mid-$30,000

  • Turbocharged 2.0-liter inline-four that puts out 250 horsepower and 295 lb-ft of torque. Intelligent all-wheel drive
  • 33 cubic feet of space behind the rear seats, and those seats fold to create a 74-cubic-foot hold
  • Side Blind Zone Alert, Forward Collision Alert with Following Distance Indicator, Forward Automatic Braking, Front Pedestrian Braking and more.

2018 Kia Stinger – GT Concept Sports Sedan

  • MSRP starting $35,000-to-$45,000
  • Turbocharged engines, both matched with an 8-speed automatic transmission. The available twin-turbo V6 engine offers over 360 horsepower
  • 2.0-liter turbocharged 4-cyl engine, 255 hp and 260 lb.-ft. of torque
  • Cargo dimensions not available at this time (But enough to fit even two gold club carriers and more!)
  • Driver Attention Alert (DAA), a Kia first, Forward Collision Assistance (FCA), Autonomous Emergency Braking (AEB), Advanced Smart Cruise Control (ASCC), Lane Keep Assist (LKA), Blind Spot Detection (BSD), Rear Cross Traffic Alert (RCTA)

Got your mind going? Great because did you know Swapalease.com, the largest online lease transfer marketplace, carries inventories from these same brands and similar models? Swapalease.com is the online marketplace with 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, visit Swapalease.com or contact them at 866-SWAPNOW.