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October 23, 2017 - Industry News

September’s Lease Approval Rate Falls to Lowest Level in 2017

September’s rate was recorded after August’s 68.3% approval rate. The car leasing marketplace attributed September’s rate to the effects of hurricanes Harvey and Irma.

Tags: credit approval rate, Lease,

August 22, 2017 - Industry News

Swapalease: Q2 Dominated by SUVs, CUVs, Sports Cars’s second-quarter report shows growing interest in sport utilities, crossover SUVs and sporty models.

Tags: auto finance, leasing,

June 20, 2017 - Industry News

Swapalease: Lease Approval Rate Falls to Three-Year Low

Lease applicants registered a 48.1% approval rate, the lowest level since the car lease marketplace began tracking the stat in 2014. The firm explained that the rise in consumer interest for luxury SUVs is what’s driving the uptick in declines.

Tags: F&I process, Lease, new-vehicle sales,

April 12, 2017 - Industry News

Swapalease: Lease Credit Approvals Strong Again in March

Despite rising incentives and an increase in the number of lease returns to dealerships, auto dealers continue to push lease deals. And according to the online lease marketplace, approval rates have hovered above 70% for two straight months so far in 2017.

Tags: Lease,

March 9, 2017 - Industry News

Lease Credit Approvals Jump 33.3% in February

Car lease credit applicants registered a 72.2% approval rate in February, a 33.3% increase from January’s 50% approval rate but flat with a year ago, according to

Tags: Lease,

May 31, 2016 - Industry News

Consumers Hungry for Used Leases, Survey Says

A survey conducted by found that both dealers and car buyers are interested in used-vehicle leasing. Top used vehicles consumers would like to lease include the Cadillac Escalade, CTS, and the Jeep Cherokee, while dealers would like to offer used leases on the Buick Regal, Cadillac CTS and Chevrolet Cruze.

Tags: Lease, Survey,, used vehicles

May 21, 2015 - Industry News

Lease Deals Heat Up in May, Reports reports that aggressive lease deals have continued in May, with 15 popular cars and trucks being offered in its new lease online marketplace for monthly payments of $200 or less leading into Memorial Day weekend.

Tags: Auto Leases, Memorial Day sales,

May 6, 2015 - Industry News Reports Volatile April Lease Credit Approvals

The lease approval rate jumped 31% from March to April, the highest since November 2014, reports.

Tags: April, Credit Applications, lease originations,

March 24, 2015 - Industry News

Consumers Want Lenders to Bid for Their Business, Study Shows released a new study that shows a majority of customers aren’t interested in car-sharing services or autonomous driving. What they do want is lenders bidding for their business.

Tags: auto finance, Autonomous Driving, Car-Sharing, leasing,

January 8, 2015 - Industry News

Car Shoppers Interested in Used-Vehicle Leases, Finds

Eighty-two percent of drivers across the U.S. would consider getting a used car or truck lease that was three years old, according to a survey by

Tags: leasing, Survey,, used vehicles

March 20, 2014 - Industry News

February Lease Credit Approvals Up 11% From Last Year

So far in 2014, the credit approval rate is clocking in at 68.3%, close to the level considers “healthy” at 70%.

Tags: Credit, credit approval rate, Lease,

February 11, 2014 - Industry News

Lease Approvals Mirroring Consumer Credit Trends, Reports

According to, lease approvals are following similar patterns as the broader consumer credit trends, falling from 73.3% in December to 70.5% in January.

Tags: Auto Leases, credit approval rate,

January 14, 2014 - Industry News

Auto Lease Approvals Rebound Slightly in December

Holiday shopping trends help 2013 finish with healthy credit approvals, reports.

Tags: Credit Scores, Lease, Qualifying Buyers,

September 17, 2013 - Industry News

Car Lease Customer Credit Approvals Slip During August

According to, slightly fewer approvals came through vs. the previous month and the overall strength on the year.

Tags: approval, car, Credit,

September 12, 2013 - Industry News

August Car Lease Prices Up 2 Percent From 2012

Prices on leases averaged $590.38 last month, up from $578.06 at the end of August 2012, according to data gathered by

Tags:, vehicle leasing

September 5, 2013 - Industry News

Survey: 40 Percent of Drivers Looking to Lease Their Next Car

A survey by finds that more than 40 percent of potential car buyers plan to lease their next vehicle. That’s up from 29.6 percent from a year ago.

Tags: leasing, Survey,

May 14, 2013 - Industry News

Credit Health on Approved Leases Strongest Since Recession

More than 77 percent of car lease customers were approved during April, up from 70 percent during the previous month, according to

Tags: Credit Applications, Credit Scores, recession,, vehicle leasing

January 15, 2013 - Industry News Auto-Related Credit Approvals Up 27.3 Percent in 2012

U.S. Bank data shows 27.3 percent more approvals in 2012 vs. 2011. December’s credit approval rate also jumped 55 percent from November.

Tags: 2012, car lease, credit approval rate, customer credit, data, leasing,, U.S. Bank

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