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Swapalease.com

Lease Credit Approval Rates Climb to 68.6% in May

Credit approvals see significant rebound from April rates.

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Lease Credit Approval Rates Rise to 72.3% Entering March

Online credit applications increase as shoppers seek alternative means of vehicle acquisition.

Secondary Lease Approvals Dip Below 69% in August

Swapalease.com reports a high number of applicants and a slightly tighter credit market in August. A 68.9% approval rate fell short of July’s 69.1% and represented a 5.1% year-over-year decline.

Lease Swap Approval Rates Rise to 69.1% in July

Lease approval ratings improved in July following a slight dip in June, according to the latest report from Swapalease.com.

Swapalease: Approvals Dip to 65% in June

Swapalease.com analysts say credit approvals declined after reaching 72.4% in May but report growing demand from consumers seeking lease contracts negotiated when incentives were stronger.

Swapalease: Lease Approval Rates Hit 72.4% in May

Credit approval rates on Swapalease.com’s online lease marketplace soared to their highest number yet for 2019 last month, registering a 6.2% year-over-year gain and a 33.6% improvement from May 2017.

Swapalease: Approval Rate Up 1.8% in April

Lease approvals on Swapalease.com’s secondary marketplace ticked up to 72% in April, the highest rate since August 2018.

Swapalease: March Approval Rates Exceed 70%

Approval rates on Swapalease’s online marketplace were up 4.8% in March, registering a 70.7% approval rate, the highest since October.

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.

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Swapalease: Q2 Dominated by SUVs, CUVs, Sports Cars

Swapalease.com’s second-quarter report shows growing interest in sport utilities, crossover SUVs and sporty models.