Technologies Becoming Obsolete in Cars

Cars now-a-days come with all the bells and whistles. Most cars come with the usual technology such as navigation systems, satellite radio, and in-car apps. But are some of these technologies becoming obsolete in newer cars? A recent article in The New York Times explains how technology that was once so popular is not really necessary in cars anymore.

The article points out three technologies that are not needed in cars anymore such as CD players, GPS, and automaker app systems.  For example, the article states that the ownership of CDs has greatly decreased yet cars still come equipped with CD players. Also, most cars have navigation systems built in, especially with CarPlay and Android Auto, so GPS’ are no longer needed. What’s more, automaker car apps are outdated because our phones have everything consumers need.

Most people today want to drive around in the latest cars with all of the latest technology and as more of it comes standard, some of the older, outdated technology has no use or purpose in newer cars. However, a lot of the higher-end technology does not come standard and those packages on new cars can really raise the price tag.

We’ve seen the price of new vehicles increase and consumers must take out longer loans in order to make monthly payments manageable. For those who want to have more car for less money, taking over an existing lease is a sound, budget friendly option.

Taking over an exiting lease helps both seller and buyer. Instead of losing money when handing in their lease early, a seller will list it on Swapalease.com the largest online lease marketplace, and will be matched up with an interested buyer. Both parties get what they are looking for, saving money in 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.

What Does the Future Look Like for the Automotive Industry?

A recent article in Forbes talked about how car guys are confused when it comes to their teens and driving. Whereas 46 percent of 16-year olds got their driver’s license in 1983, merely 27 percent of 16-year olds are getting their licenses now-a-days. Why this sudden, and some may say, drastic change?

Driving doesn’t hold the excitement for teens in this day and age as it did almost two decades ago. As the cost of education increases, it’s taking Millennials longer to get their degree, find a job after graduating, and make major life decisions such as purchasing a car. Many experts have noticed a recent trend among Millennials; they simply aren’t driving choosing instead car-sharing services or taking advantage of public transportation.

It doesn’t have to be this way. Swapalease.com offers a budget-friendly option for those starting out on their driving journey. The largest online lease marketplace, Swapalease.com offers an alternative to those looking to save money while getting into a newer vehicle.

Individuals looking to exit their lease early list their lease on the site and are matched up with someone wanting to take over the remainder of that lease. Taking over the remainder of a lease is a good option for Millennials because it won’t break the bank and they’re able to drive some of the latest models on the market. As leasing continues to grow in popularity and helps boost the automotive industry, it’s a great opportunity to help Millennials enter the adult world.

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.