Press Contact:
John Sternal
Merit Mile
O – 561-362-8888
C – 954-592-1201
OCTOBER CAR LEASE PRICES CONTINUE RECENT RISING TREND
Some Of Today’s Popular Car Leases Have Seen Prices Jump Noticeably This Year
Cincinnati, OH (November 21, 2013)
Swapalease.com, the nation’s largest car lease marketplace, reports average car lease prices in October rose 1.2% year-over-year. Monthly prices averaged $586.00 in October compared with $579.93 in October 2012. These prices compare to an average of $582.02 in September.
Among today’s popular leases, The Infiniti G37 saw the largest year-over-year increase, jumping 20.2% ($535.81) compared with last October ($445.86). The Toyota Camry (+10.6%), Ford Escape (+13.0%) and Ford Fusion (+17.1%) all saw YOY price jumps on monthly lease payments recorded in the Swapalease.com marketplace.
The Ford Focus saw the largest monthly payment price drop, falling -19.7% ($326.64) compared with October last year ($407.00). The Audi A4 (-18.0%), Volkswagen Jetta (-10.6%) and Toyota Prius (-7.7%) all saw YOY prices fall compared with last October.
Representing a truly great deal on the Swapalease.com marketplace, a Chevrolet Traverse with eleven months remaining was the least expensive monthly payment recorded as a new listing in October, registering $109.00 monthly. Chevrolet Malibu had the most new listings under $250.00 monthly of any car or truck in the system during the month.
“We’re keeping an eye on several makes and models that have prices trending in both directions,” said Scot Hall, Executive Vice President of Swapalease.com. “Lease pricing will get particularly interesting heading into 2014 now that the current lease penetration rate is holding near 25 percent.”
Here are average monthly list prices on popular models at the end of October:
| Make | Model | Oct-13 | Sep-13 | 1M-Chng | Oct-12 | 12M-Chng |
| Ford | Focus | $326.64 | $308.645.8% | $407.00-19.7% |
| Audi | A4 | $415.00 | $664.11-37.5% | $506.22-18.0% |
| Volkswagen | Jetta | $248.47 | $243.362.1% | $278.07-10.6% |
| Toyota | Prius | $362.68 | $394.56-8.1% | $393.11-7.7% |
| Mercedes-Benz | CClass | $483.03 | $522.90-7.6% | $510.13-5.3% |
| Nissan | Altima | $344.60 | $316.628.8% | $362.80-5.0% |
| Lexus | IS250 | $459.87 | $494.35-7.0% | $483.95-5.0% |
| Cadillac | CTS | $462.46 | $507.34-8.8% | $481.63-4.0% |
| Jeep | GrandCherokee | $492.63 | $448.819.8% | $508.94-3.2% |
| Toyota | Corolla | $259.69 | $274.48-5.4% | $265.98-2.4% |
| BMW | X5 | $827.61 | $844.23-2.0% | $810.892.1% |
| Honda | Accord | $311.39 | $389.16-20.0% | $305.002.1% |
| Honda | Civic | $316.66 | $310.771.9% | $306.003.5% |
| Chevrolet | Volt | $454.34 | $338.0134.4% | $435.004.4% |
| BMW | 3Series | $616.29 | $522.1618.0% | $568.198.5% |
| Chevrolet | Cruze | $294.10 | $233.5525.9% | $270.438.8% |
| Toyota | Camry | $330.36 | $362.14-8.8% | $298.7310.6% |
| Ford | Escape | $353.87 | $344.222.8% | $313.2913.0% |
| Ford | Fusion | $337.73 | $367.88-8.2% | $288.5317.1% |
| Infiniti | G37 | $535.81 | $448.1319.6% | $445.8620.2% |
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.
Back to Articles
