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HAVE MONTHLY LEASE PRICES INCREASED SIMILAR TO USED CAR VALUES?
Swapalease.com Car Lease Data Show Key Price Trends
Cincinnati, OH (April 2, 2013)
Car lease deals are more plentiful today compared with just a few years ago, but how do today’s lease payments compare with pre-recession levels? National car lease marketplace Swapalease.com analyzed monthly payments in 2012 and compared with vehicle inventory from 2006, finding payments on many models have increased with a few surprising declines.
Passenger Cars
Among today’s most popular brands and models, the Buick Lacrosse saw the largest jump in monthly payment between 2006 and 2012 at +61%. The Lacrosse has become a more popular vehicle in the Swapalease.com marketplace, with increased levels of listings and takeover demand. Conversely, the Toyota Camry monthly price has fallen -27.7% from 2006 to 2012, demonstrating the carmaker’s aggressiveness in promoting lease deals.
| Passenger Car | 2006 Monthly Payment | 2012 Monthly Payment | % Change |
| Buick Lacrosse | 272 | 438 | 61.0% |
| Honda Accord | 298 | 326 | 9.4% |
| Nissan Altima | 288 | 309 | 7.3% |
| Chevy Malibu | 282 | 287 | 1.8% |
| Ford Fusion | 327 | 297 | -9.2% |
| Toyota Camry | 451 | 326 | -27.7% |
Luxury Vehicles
Arguably the most popular vehicle on the Swapalease.com marketplace, the BMW 3 Series’ monthly payment increased 13.1% between 2006 and 2012. A luxury category competitor, the Lexus IS 250 monthly payment fell -9.2% during the same time.
| Passenger Car | 2006 Monthly Payment | 2012 Monthly Payment | % Change |
| BMW 3 Series | 543 | 614 | 13.1% |
| Infiniti FX35 | 572 | 644 | 12.6% |
| Mer. Benz C Class | 486 | 523 | 7.6% |
| Audi A4 | 492 | 529 | 7.5% |
| Cadillac CTS | 505 | 482 | -4.6% |
| Lexus IS250 | 532 | 483 | -9.2% |
Trucks
Among today’s most popular truck models, the Chevy Tahoe’s monthly lease payment increased the most between 2006 and 2012 at +42.1%. The Ford Explorer, however, saw its average monthly lease payment decline -12.6% during the same time.
| Passenger Car | 2006 Monthly Payment | 2012 Monthly Payment | % Change |
| Chevy Tahoe | 428 | 608 | 42.1% |
| Chevy Silverado | 397 | 473 | 19.1% |
| Ford F150 | 448 | 512 | 14.3% |
| Toyota Tacoma | 370 | 388 | 4.9% |
| Jeep Grand Cherokee | 507 | 475 | -6.3% |
| Ford Explorer | 564 | 493 | -12.6% |
Monthly lease payments as listed on the Swapalease.com marketplace are the actual prices drivers pay according to their lease contracts. During transfer, contracts are never changed or re-written, and the incoming driver takes over the same payment. However, there is no down payment requirement typically found at a dealership and a cash incentive offered by the seller can be applied toward the balance of payments.
www.swapalease.com is the first and only full-service online marketplace of in-process vehicle leases. With the goal of matching individuals who are currently leasing vehicles they wish to get out of, with individuals who are looking for short-term leases with attractive payments and no money down, it’s the perfect way to find the perfect vehicle for you.
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