Summer Fun Convertibles To Lease Out

Summer is right around the corner and the desire for a nice sleek convertible to enjoy the summer breeze and sun are kicking up! You also are looking at convertibles that aren’t too menacing with your gas. Ranging between $15,000 to $25,000, take a peek at these few must-have convertibles to get your summer on and travel!

  • 2017 Volkswagen Beetle Convertible – Starting $24,725 with MPG 24 city/33 highway
  • 2017 Mazda MX-5 Miata Convertible – Starting $24,915 with MPG 26 city/33 highway
  • 2017 Ford Mustang Convertible – Starting $30,685 with MPG 21 city/27 highway
  • 2017 Chevy Camaro Convertible – Starting $31,905 with MPG 26 city/33 highway
  • 2017 Buick Cascada Convertible – Starting $33,065 with MPG 20 city/27 highway
  • 2017 Audi A3 Convertible – Starting $37,600 with MPG 25 city/34 highway

Did you know Swapalease.com also has a great selection of convertibles to choose from?If you’re considering a convertible, consider leasing one through Swapalease.com. Our lease transfer process allows you to afford that convertible of your dreams and easily trade out of the lease at any time.

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.

Wanting To Lease A Used Car

The majority of leasees look for new cars to keep up with the latest cosmetics and gadgets cars have today. However, there are a few who are interested in leasing out a used car. How does it work? Is it the same as leasing a new car? Will I have restrictions? Here are a few tidbits on wanting to lease a used car.

When leasing a used car, it is best to look at cars around the two to three years old. Most of them are still under warranty or a certified pre-owned can come with an extended warranty. Keep in mind, sometimes the cost to lease a used model of a car can be the same or above the current year model.

Make sure to have a full inspection completed before leasing the car. You don’t want to drive it off the lot if there are problems you cannot see.  Also, any problems you find can help lower the cost of the car.

There is an option to take over an existing lease, but it needs to be approved first by the leasing company and at the end of the lease, you are responsible for the repairs done by the original owner.

A downside to looking for used cars to lease is that there isn’t a wide selection to choose from since fewer companies aim for leasing new cars, not used one. So if you have a specific car in mind, you might need to go for a lease on a new car.

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 allows drivers to list their current lease and helps match them with buyers looking to take over the remainder of that lease. Both parties get what they’re looking for all with the convenience of online shopping. 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 Expiring Soon But Want To Lease Same Car?

It is almost time. The end of your lease is almost here but you have one problem. You love the car and don’t want to give it back! It has become part of your life and you aren’t ready to give it up, but at the same time, you don’t want to buy it either. So the question is, can you lease out the same car?

Typically, at the end of a lease, you either hand the car back from the dealership you got it from or you negotiate a deal to buy it. You however like the idea of leasing. How does that work with what you have now? It’s simple really, it is the process of re-leasing the existing car, in other words, a “used car lease”. Here are some quick tidbits about re-leasing.

  • When a new lease is drawn, your car, of course, has lost value so there will be a new depreciation.
  • The cost of the lease agreement will be reduced slightly and you can possibly expect lower monthly payments.
  • Try negotiating your mileage limitations
  • If you can’t re-lease your current vehicle, see if leasing company can reclaim vehicle at end of lease or sign a new agreement and trade for a newer model or same model.

However, a good thing to keep in mind is that most lenders avoid leasing used cars to avoid risks and some can charge a higher interest rate to re-lease. 

You can also extend your lease if you don’t want to have a new lease made up.

Headquartered in Cincinnati Ohio, Swapalease.com is an online marketplace that allows drivers to list their current lease or look for a lease that fits what they need! 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

Top 5 Leased Cars of 2017

They leased them, and dealership companies kept track! Over the course of 2017, hundreds and thousands of cars have been leased. If you are interested in leasing or transferring your lease, take a look at some of the top picks below in sedans, SUVs, and trucks.

Note: Estimated Prices Vary Amongst Dealerships

Cars/Sedans

2017 Chevrolet Impala – $279 per month for 39 months

2017 Ford Mustang – $299 per month for 36 months

2017 Cadillac ATS – $389 per month for 39 months

SUVs

2017 Acura RDX – $309 per month for 36 months

2017 Jeep Grand Cherokee – $239 per month for 36 months

2017 Nissan Murano – $259 per month for 36 months

Pickup Trucks

2017 GMC Sierra 1500 – $279 per month for 36 months

2017 RAM 1500 – $129 per month for 24 months

2017 Ford F-150 – $299 per month for 24 months

If you are looking to change up your ride and want the best deal out there, head over to Swapalease.com and check out all the of great lease vehicles they have to offer. Swapalease.com is an online marketplace that allows drivers to list their current lease and helps match them with buyers looking to take over the remainder of that 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.

Top Luxury Cars of 2017

Critics have been keeping their eyes on luxury cars and they have their top picks for the year! The list is quite long so here is a sneak peek at four luxury cars and their quick specs that just might persuade you to have one for yourself!

2017 BMW 2-Series (230i Coupe) – Starting $34,140

Rear-Wheel Drive • Keyless Entry 2-Door • 4 Passenger • Subcompact Car • 335HP • 8-Speed Automatic • MPG 24city/35 highway • Perimeter/Approach Lights • Fully Automatic Aero-Composite Halogen Daytime Running Headlamps w/Delay-Off • Trunk Storage of 13.8ft³

2017 Porshe Macan AWDStarting $48,550

All-Wheel Drive • Keyless Entry • 252HP • MPG 20 city/25 highway • 7-Speed Transmission • 4.8 in. Color Screen • Hi-Definition Rear Camera • Perimeter/Approach Lights • Fully Automatic Projector Beam High-Intensity Low/High Beam Daytime Running Auto-Leveling Headlamps w/Washer and Delay-Off • LED Brakelights • 2 LCD Monitors In The Front • Trunk Storage of 17.7ft³ • 53.0ft³ with Rear Seats Folded

2017 Tesla Model SStarting $68,000

All-Wheel Drive • Keyless Entry • MPGe 102 city/107 highway • 240volt/48amp Charger and Wall connector • LED Adaptive Headlamps • 17-in. Touchscreen Display • Hi-Definition Rear Camera • Fully Automatic Projector Beam Led Low/High Beam Daytime Running Auto-Leveling Auto High-Beam Headlamps w/Delay-Off • Perimeter/Approach Lights • LED Brake lights • Front Trunk and Rear Trunk • Storage of 31.5ft³

2017 Rolls Royce Wraith CoupeStarting $317,700

Rear-Wheel Drive • Keyless Entry • 624HP • MPG 12 city/ 19 highway • 8 –Speed Auto• Rear-Hinged or “Coach” doors • Rear-View Camera • Programmable Projector Beam High-Intensity Low/High Beam Daytime Running Auto-Leveling Directionally Adaptive Headlamps w/Washer and Delay-Off • Perimeter/Approach Lights • LED Brakelights • Trunk Storage of 17ft³

Interested in having a luxury car of your own but worried about the cost? No worries! Did you know Swapalease holds a large selection of luxury makes just as you saw above!?

Swapalease.com is the largest online lease transfer marketplace. 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, visit Swapalease.com or contact them at 866-SWAPNOW.

Fuel-Efficient Cars of 2017

When you have a long commute to work every day and you find you are stopping by the gas station way too much, you may be thinking about trading your car to one that will save you gas and money. Take a look at what made the cut as a fuel-efficient vehicle for 2017.

Sedans

2017 Hyundai Veloster: Starting at $19,200, this 3-door compact hatchback has 33 mpg on the highway and 28 mpg in the city. Carries a trunk space of 15.5ft³ and a cargo capacity of 34.7ft³ with rearmost seats folded.

2017 Toyota Prius Two: Starting at $26,675, this 5-passenger wagon has 39 mpg on the highway and 43 mpg in the city. Carries a trunk space of and 34.3ft³ and 67.3ft³ cargo capacity with rearmost seats folded.

2017 Chevrolet Malibu Hybrid: Starting at $27,875, this 5-passenger mid-size sedan has 43 mpg on the highway and 49 mpg in the city and carries a trunk space of 15.8 ft³.

SUVs

2017 Honda CR-V: Starting at $24,045, this 5-passenger SUV has 32 mpg on the highway and 26 mpg in the city. Carries a trunk space of 39.2ft³ and cargo capacity of 75.8ft³ with rearmost seats folded.

2017 Lexus NX 300h Hybrid: Starting at $39,720, this 5-passenger SUV has 30 mpg on the highway and 33 mpg in the city. Carries a trunk space of 16.8ft³ and cargo capacity of 53.7ft³ with rearmost seats folded.

2017 Kia Niro FE: Starting at $22,890, this 5-passenger SUV has 49 mpg on the highway and 52 mpg in the city. Carries a trunk space of 19.4ft³ and cargo capacity of 54.5ft³ with rearmost seats folded.

If you are looking for one of these cars that saves you gas and money or want to see a larger collection of more fuel-efficient cars, check out our options 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.

Buying A Car As A Recent College Graduate

After college, the world is officially yours. It’s time to create an independent life for yourself and it usually starts off with getting a car to call yours. But of the thousands of cars and options out there, and the thought of “what can I afford?”.

New or Used Car?

When shopping for a car, the majority of graduates can’t wait to see the latest and greatest for the year. Sometimes they run into the case of seeing the greatest but it happens to be an older model or a used model. Newer cars have the upgrades and technology these grads are interested in, but so do used or older models. Also, test driving a new model versus and older or used model can end up surprising the grad in how similar the ride is. A used car also does tend to cost less and depreciates less over time.

Leasing or Buying?

So you have figured out whether to purchase a new or used car. The next step is to either lease it or buy it. Off the bat, leasing a car only works for new cars only unless you can find a specialty dealership which allows leasing of a used car. When you lease a car, you only pay for the value of the car in the time frame you will have it, not the total value. There are also security deposits and fees that you wouldn’t see so much if buying a car. Leasing, however, does give you the option of driving a new car every few years.

Then you have the option of buying a car, not leasing. When you buy a car, you pay for the entire value of the car with other fees and you can either pay it cash or finance it with an auto loan. You will find those monthly loan payments are always higher in a car you bought than in a leased car. Buying a car means you plan on having this car for a while, over 5 years give or take.

Budgeting For Your Car

So you have chosen your new or used car and chose to either lease it or buy it, now it’s time to think of your budget and which car would be more suitable for your monthly payments. Here are a few things to consider into your car budget:

  • Loan Payments
  •  Insurance
  • Gas
  • Maintenance and Repairs

Buying a car can be stressful and time-consuming. Luckily, Swapalease.com here to make it easier. It is 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.

Trading Your Car Mid-Lease

When you lease a car instead of buying it, you don’t have to worry about common car concerns. But you’re also not building equity in your lease. It’s impossible to trade in a leased car for the money in the same way you might trade in a car you own. But if you find yourself mid-lease ready to trade, here are a few things to keep in mind.

Know your payoff amount and trade-in value

Be sure to obtain the payoff amount left on your existing contract and make note of date through which your payoff amount is valid. This amount can make a difference in how much of the difference you will be paying. If your payoff amount is higher than the trade-in value, it will be more expensive to trade out and it will be unlikely to break-even.

What to do at the dealership

Many cases, lessees stick with their same dealership that they leased from but there also is to option of taking it to other dealership as long as they carry the same brand. Just be sure to go to the dealership that has the car you want. When you are there, make sure to let the salesperson know that your current vehicle is leased and provide her/him with your payoff information.

Two ways the dealership can handle your lease

The dealer can give you the trade-in value for your car and payoff your lease to buy a car from the leasing company. For your new car deal, the difference between your trade value and payoff lease will be either positive equity or negative equity. The dealer can also write a check for the remaining payments and turn your car into the leasing company. The amount can be included in your new car deal.

Knowing that you aren’t truly stuck in your car lease can feel freeing! Swapalease.com is the largest online lease marketplace and they have what you’re looking for. Functioning as a sort of matchmaking service for cars, Swapalease.com helps individuals get more cars at an affordable price.

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.

Things To Know About Leasing With Bad Credit

Usually, with bad credit, it is nearly impossible to lease out a car but there is hope! If you are approved for a lease with your low credit, here are a few things to prepare for.

Bad to fair credit gets you a lease that is more expensive than a driver who has good credit. You will find yourself paying a higher interest rate and possibly a security deposit if your credit is really bad.

When you are approved you might end up as a subprime lessee. Subprime loans are loans made at higher interest rates for borrowers with bad credit and don’t qualify for the ordinary loans and you might deal with unfavorable terms.

Typically companies don’t approve someone with bad credit, but companies like Kia Motors Finance have made an impact with approving those who don’t have that good to excellent credit. If you can get a lease, make sure to stay on top of it!

The best way to calculate how much you can afford is to put together a budget of all your other expenses, such as housing, food, and investments. Whatever is left after accounting for all non-car expenses will be the amount you can spend on leasing a car. Keep in mind to avoid too many miles to avoid the overage fees and avoid excessive wear and tears.

Did you know when leasing a car with low monthly payments, this gives you the chance to improve your credit! To find out which vehicles you could afford, contact Swapalease! Swapalease.com is the largest online lease transfer marketplace. 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, visit Swapalease.com or contact them at 866-SWAPNOW.

Millennials and Car Leasing

The rate at which millennials prefer leasing cars continues to increase. In 2016, 1/3 of millennials chose to lease a car over buying a car. Here are a few reasons leasing is becoming their go-to method:

Millennials have become accustomed to budgeting in order to pay for monthly payments such as credit cards or their cell phone bills. Lease payments are typically lower than the monthly loan payments for the same car if it was bought. These lower payments benefit their financial lifestyle and they don’t see it as overwhelming. Overall, leasing is less expensive for them.

These young buyers are more also flexible with the idea of owning a car. 25% to 39% of millennials will keep the car for five years or less so it makes sense to lease it. They also want to have cars with the latest tech and once a new car comes out with upgraded tech, they will move on to that one.

The benefit of owning (but really leasing) a new car at a low price point with the latest features is a win for millennials. But they should also keep in mind that any car payment, whether on a loan or a lease, needs to fit financially with their lifestyle so they can pay off their debt and save up for retirement.

If you’re one of these Millennials that is more interested in leasing a car than buying one, check out Swapalease.com where you have the ability to take over the remainder of somebody else’s lease anywhere across the United States. 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.