Tag Archives: leasing terms

The New Leasing Epicenter: South Florida

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As the economy continues its recovery, consumers are feeling more confident in their buying power and have helped new car sales in the automotive industry. Leasing has seen an unprecedented increase lately and more Americans are choosing to lease their new car rather than purchase their new vehicle.

A recent article in the Sun Sentinel elaborated this renewed trend and revealed that South Florida is one of the most popular places where more drivers are choosing to lease rather than purchase a car. The article mentioned that South Florida is leading the way in new leases, about 35 percent of new vehicle sales while Los Angeles and San Francisco leasing sales are at 30 percent.

South Florida is known for its extravagant style and those who live there want to look the part. What’s more, leasing and not buying, has become more convenient for those living in South Florida. It offers more car for less money and for those who like to drive the latest and greatest models, there’s no better way than leasing.

However, for those currently in a lease with some time to go who are looking to upgrade, Swapalease.com might be the best place to list your lease. Swapalease.com helps drivers wanting to exit their lease early by transferring ownership of the lease without having to pay extra fees of getting out of the lease before it’s due.

For those looking to have affordable monthly car payments and a short-term commitment, assuming a lease might be a good option. Swapalease.com helps drivers looking for a newer vehicle take over an existing lease, helping both seller and buyer. Why waste any more time or money on your current vehicle when upgrading has never been easier?

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.

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.