Latest Lease Credit Approval Report Showing an Increase for August
Lease credit approvals reached 71.3% in August; Up from 70.0% in July.
September 28, 2021
Lease credit approvals reached 71.3% in August; Up from 70.0% in July.
September 28, 2021
Lease credit approvals reached 70.0% in July; Up from 67.6% in June.
August 23, 2021
Brands with unfavorable lease policies continue to see lower brand loyalty.
August 10, 2021
Lease credit approvals reached 67.6% in June; down slightly from 69.9% in May.
July 20, 2021
Lease credit approvals reached 72.9% in March; Up slightly from 70.8% in February.
April 14, 2021
Lease credit approvals reached 70.8% in February; Up slightly from 68% in January.
March 15, 2021
Honda, Hyundai, Nissan among brands losing drivers due to unfriendly policies.
August 31, 2020
Credit approvals see significant rebound from April rates.
June 18, 2020
Online credit applications increase as shoppers seek alternative means of vehicle acquisition.
March 19, 2020
Lease approval ratings improved in July following a slight dip in June, according to the latest report from Swapalease.com.
August 16, 2019
Approval rates on Swapalease’s online marketplace were up 4.8% in March, registering a 70.7% approval rate, the highest since October.
April 10, 2019
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.
October 23, 2017
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.
June 20, 2017
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.
April 12, 2017
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 Swapalease.com.
March 9, 2017
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