Tag Archives: leasing a car

Is Buying or Leasing Better for Me?

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When it comes to making a decision about getting a new car, consumers are faced with choosing whether they’d like to purchase or lease their new set of wheels. Many people have opted to lease their new vehicles for various reasons. When it comes to purchasing a new car, consumers don’t see the appeal of being stuck in the same vehicle for the next five to seven years.

Leasing offers drivers a chance to be in a car they normally wouldn’t drive if they opted to purchase. What’s more, buyers usually need to put a substantial amount of money down in order to have affordable monthly payments. Lessees usually put less money down and have very affordable monthly payments.

An article in Tulsa World explained the difference between buying and leasing the same vehicle. Leasing is a shorter-term commitment that allows you to drive something new every couple of months, or years, depending on what kind of lease agreement you sign. Who wouldn’t want to drive the latest model when it comes out?

When it comes to getting out of an existing lease, most people will have to pay a substantial amount of money to be free of their lease. However, it doesn’t have to be this way. Swapalease.com allows individuals who no longer wish to be stuck in their lease, a chance to get out of it. Buyers looking to take over a short-term lease are matched up with the sellers looking to exit their lease early.

When it comes to driving, why not enjoy your vehicle? If you upgrade your phone every couple of months, or with every release, why not your car?

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.

The Rise of Auto Sales and Millennials

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The state of the automotive industry will be dependent on Millennials entering into the workforce and adult life. There were reports that Millennials weren’t contributing to the automotive industry because most were turning away from vehicles. However, an Automotive News article has reported otherwise.

Since the Great Recession, it has been harder for Millennials to find a steady job and begin adult life. While the Baby Boomer generation contributed greatly to the automotive industry, it seemed that Millennials weren’t as interested in getting their licenses or owning a car as their parents and grandparents. That doesn’t seem to be the case.

With the economy continuing its recovery, Millennials have started to impact the auto industry with a slow increase in new car sales and leases. According to the article, auto loans grew 27 percent in 2014 for Millennials, an increase from roughly 10 percent in 2013. Millennials seem to be finding their footing and are beginning to make major life decisions.

Though buying a vehicle might be a little out of some Millennials’ price range, taking over the remainder of an existing lease might prove to be a sound, cost-effective option. Not only are you committing to a short-term agreement, it also provides you with an opportunity to drive the latest vehicles every few months.

Swapalease.com allows drivers, who are looking to opt out of their lease, list it on their website and help match them up with drivers interested in taking over the remainder of the lease. Often times, there is no down payment and both parties walk away with what they were looking for.

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.

The Auto Industry Interrupted by Millennials?

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Millennials have changed the way the automotive industry must market vehicles. Why? Simply put, Millennials are challenging the need for cars. Tucson.com recently issued an article regarding the impact Millennials will have on the auto industry in delaying buying vehicles. Most Millennials prefer public transportation or ride-sharing because it not only saves money but is also better for the environment.

As Millennials graduate college and enter the work force, many are delaying making major life decisions. What’s more, as Millennials are graduating with more debt, having a harder time securing jobs and living at home longer, many are not able to take on the financial responsibility of owning a car. Add in the fact that many don’t have their driver’s license, it’s unclear the kind of impact this will have on the automotive industry. All that said though, the flexibility of leasing might be more appealing to Millennials.

For Millennials looking to have the freedom that comes with owning a car, taking over a lease might be the most suitable option. Not only is it much cheaper than purchasing a vehicle, no down payment is required, it’s also a shorter-term commitment. Instead of being stuck with the same car for the next few years, by taking over an existing lease you are committed to a car for about 24 months.

Those who are currently stuck in their lease, Swapalease.com helps them exit their lease early. By listing their lease on Swapalease.com, individuals are matched up with those looking to take it over, releasing drivers from the contract.

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.

New Car in the New Year? Make Sure You Know Your Options

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It’s January, the beginning of a new year. For many it also means deciding to get a new car. The average American family car is around a decade old and many are looking to get into something different. However, buying a new vehicle isn’t as easy as many would like it to be. The good news is that the shopping process can start from the comfort of your own home.

In the world of interconnectivity, it’s becoming very common for consumers to do due diligence before purchasing a new car. The Internet makes it very easy to browse through different inventory and see many makes and models before ever setting foot in a dealership. A recent article in Boston.com explained the difficulty involved when deciding to purchase a new vehicle.

What’s more, the price of new cars has seen steady increase and consumers have been borrowing more and for longer in order to afford their new vehicle. But for those looking to get more car for their money, buying might not be the best option. Leasing has grown in popularity and taking over an existing lease, most of the time, requires no down payment and will save you money.

Thinking of handing in your lease before it’s due? Be ready to shell out some extra cash for “breaking” the terms of the contract. If you’re seeking a more favorable option, check out Swapalease.com. Listing your lease on Swapalease.com, the largest online lease transfer marketplace, will help you connect with someone looking to take over the remainder of your car lease.

No need to step foot onto a car lot. Being efficient in your car shopping is essential in getting a good deal. 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.

The Appealing Side of Leasing a Car in the New Year

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Car buying today has come a long way. Where leasing was once seen as a privilege for those who were able to drive a new car every few years, it can now be seen as a more affordable option than vehicle ownership. The cost of owning a car has steadily risen due to higher prices and lengthier loan terms. People now have to borrow more and longer in order to afford a new vehicle.

Are you thinking twice about leasing a car? Not everyone is convinced of the power of leasing. According to Business Insider, leasing from a cost standpoint might sound less appealing. If you have 20% down and a five-year loan, (in the sixth year) the car can be yours with no more payments. What if someone isn’t able to make a 20% down payment? It might take much longer to achieve that goal. Being able to lease a car has many advantages. You are able to get your dream car and pay much less and always have a brand new car.

The recent article from Business Insider also presents that leasing a car you will be stuck in a contract with stiff financial penalties to pay. What happens if you were to switch jobs and have a longer commute? Or move and no longer need a car? Swapalease.com is the perfect answer to these questions. You don’t have to feel like you will be trapped with the car or half to save up 20% to buy a car plus 5 year loan.

Swapalease.com offers individuals to leave their leases with few penalties, if any. For consumers who are looking to get a new car leasing might be the perfect decision, especially if you’re looking for a shorter-term commitment then getting stuck with the same car for the next 72 months. Swapalease.com offers an alternative to buying a car.

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.

New Year, New You, New Car; The Right Time to Buy?

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The end of the year is usually seen as the best time to get into a new car because dealers are offering some of the biggest sales to meet their year-end quota. However, this isn’t always true.  Experts say that it is wise to do some shopping and comparing of models, makes and deals before making a long-term decision.

Recently Today Money posted an article stating that shoppers should mind the hype on these great end of year deals. However, there is usually fine print that customers miss which state the exceptions and rules for what’s being advertised. What if you could do your car shopping without stepping foot onto a dealer’s lot?

As we start the New Year, many people will look to get into a new car. Instead of locking yourself into a five or six year loan why not take over a car lease? With cars being seen as disposable and interchangeable as mobile phones, now might be the best time for you to drive the vehicle you’ve always wanted.

Swapalease.com, the largest online car lease trade marketplace, helps drivers exit their lease before it’s due. By listing their lease on the Swapalease.com website, others’ looking for a short-term commitment can take over the remainder of that lease. It’s the perfect solution for both parties, and the whole process takes place from your computer, not at a dealership. Not only is there no down payment required, you’re also not stuck in the same vehicle for the next half-decade. Who wouldn’t want that?

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.

How Used Cars Affect New Vehicle Sales

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Automotive News reported that the recent rise in leased vehicles being returned has affected new vehicle prices as well as the used car market. According to the report, these newly returned leased vehicles make for lower used-car prices and affects new vehicle prices, as those continue to rise.

The article also stated how some of the country’s largest dealership groups have been feeling the pressure and how the latest trend has affected vehicle values and gross profits. Automotive industry experts don’t see this changing as production of new vehicles will continue, putting even more pressure on prices and profits.

What does this means for car shoppers? Used-car vehicle prices will continue to lower as leased vehicles and other trade-ins continue to be brought back onto dealer lots. However, drivers returning their leases will be looking for a new way to get around.

For individuals not looking to take on a long-term commitment, such as a six or seven year loan on a car, there are other options. The largest online lease transfer marketplace, Swapalease.com provides drivers with an option other than terminating your lease. Swapalease.com helps drivers exit their lease early.

The lease transfer process happens when someone looking to take over the remainder of the car lease is matched with a driver looking to get out of their lease before it is up. Taking over the remainder of a lease is beneficial for both parties, saving time and money. Assuming a lease lets you find something that fits your need and budget.

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?

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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.

New, Used or Leased Vehicles? Leasing Might Be Your Best Option

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The average American family car is nearly a decade old and many families will be hitting the car dealer lot to update their vehicle. However, as the economy continues to stabilize and recover, vehicle prices have steadily been rising. What this could mean, for many families and individuals, getting into a new car could be a bit more difficult to achieve.

A recent trend has been purchasing pre-owned vehicles. Though not completely new, these vehicles will carry families through the next few years. An article in CNBC explained how used cars are becoming somewhat of a hard reality for families to obtain. The article proposed an equation that families and individuals can follow when deciding to make a purchase, the “20/4/10” principle, putting down 20 percent, taking out a loan no longer than 4 years and taking up no more than 10 percent of the monthly income.

However, there are other income friendly options for car shoppers. Swapalease.com is the largest online lease marketplace, offering individuals a chance to exit their lease early. Lease buyers can choose to take over a lease, saving money and getting into a newer vehicle. Leasing has recently helped the auto industry, and consumers have been taking advantage of this more affordable option.

Loans are now being stretched out for longer terms in order to make vehicles more affordable and easier on consumers’ pockets. Why not skip chaining yourself to a five or six year loan when you can drive a different car every two to three years? Leasing offers more car 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, visit Swapalease.com or contact them at 866-SWAPNOW.

New Season Gives Way to New Car Lease Deals

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As the leaves begin to change and we enter into autumn, we not only see new fashion trends but also new deals on some of the most popular small cars. Dealers are making some very attractive offers on these cars because they know people are driving around in cars that they’ve had for the past decade and many will be looking to get a new vehicle. Also, as leasing has been experiencing a nice boost and helping the automotive industry, now is the perfect time to drive off in the latest model.

U.S. News recently released a list with a few of the best small car deals in October. The list includes models such as the 2014 Chevrolet Sonic, 2014 Hyundai Elantra, 2014 Toyota Corolla, and 2015 Honda Fit and offers some of the best incentives and deals. For example, you can lease a 2014 Chevrolet Sonic for $189 per month for 36 months, with $2,329 due at signing.

Whether you currently drive any of these models or are looking to get out of your current lease and into one these more fuel-efficient vehicles, Swapalease.com offers you a way of doing just that. Swapalease.com is the largest online lease transfer marketplace. They help drivers get out of their current lease and into their desired vehicle.

Swapalease.com helps coordinate a successful lease transfer between two individuals. Those looking to get out are matched with someone looking to take it over. What better way to get into a new vehicle, and out of your old one, than by taking over some else’s 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.