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MAJORITY OF AUTO LEASES MAINTAIN 2017 PRICES ENTERING JANUARY

55% of Today’s Popular Leases Retain their Monthly Payment Prices from December

Cincinnati, OH (January 16, 2018)

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings, with prices on most of today’s popular leases holding steady from last month. Thirty-three different vehicles maintained their prices from the previous month to this month showing that lease prices are holding steady as we start off the New Year.

Only one vehicle is currently offered for less than $150 per month on Wantalease.com. The Honda Civic LX is currently priced at $149 per month, making it the most affordable vehicle for the month. The Honda Civic LX has maintained this lease price for the past five months.

While most vehicle prices held steady entering January, dealers continue to offer aggressive prices on entry-level luxury in particular. Three Entry-Luxury Cars are currently offered at less than $300 monthly. The Audi A3 2.0T FWD Premium and the Lexus IA 200t (Turbo) are both priced at $299 per month. The Acura ILX is currently offered at $199 per month, and has maintained this price since August of 2017.

“Overall, lease prices seem to be holding steady as we kickoff the New Year,” said Scot Hall, Executive Vice President of Wantalease.com. “While prices are holding steady for the time being, it will be interesting to see if dealers introduce a new wave of promotions to take advantage of tax rebates and the recently changed tax rate.”

The vehicle that saw the largest price drop entering the new year is the Toyota RAVA 4 LE FWD. This vehicle, which is currently offered at $199 per month, decreased in price by 16.42% in comparison to last month. On the other hand, the Ram 5’7” Box saw the largest increased in monthly payment, rising by 37.40% in December. This truck is currently offered at $329 per month.