PDF Swapalease.com Auto Lease Trends Report 1st Quarter | 2019
Auto Lease Trends Report
1st Quarter | 2019
A snapshot of the auto lease industry
1
About The Report
studies lease market trends and consumer insights each quarter. In order to gain these insights the company studies a variety of lease market data, and takes the pulse of consumer appetites for leasing by presenting surveys to more than 2,500 drivers across the U.S.
The purpose of the report is to provide a deeper understanding to the industry on where U.S. auto lease activity is in the present market, and where it may be forecast to go in coming quarters.
Headquartered in Cincinnati, Ohio, is the world's largest automotive lease marketplace and the pioneer in facilitating lease transfers online. More specifically matches individuals who want to get out of their lease with people who are looking for short-term lease agreements. Prospective buyers can search the listings for the exact vehicle they want, and then register for a nominal fee, allowing them to use 's safe online system to contact the prospective seller and close the deal. For more information about or how to exit your lease early, call 866-SWAPNOW or visit .
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Swapalease Q1 Lease Report
Q1 Searches by Brand
has seen a large number of consumers searching for deals on the secondary market as incentives at the dealership begin to dissipate.
Domestic
6% 2% 1%
European
25%
5% 2% 2% 2% 2%
Asian
6% 8%
2%
3%
-4%
-3% -6%
-1% -3%
-4%
*Compared to Q4 - 2018 3
Swapalease Q1 Lease Report
Q1 Searches by Brand
Domestic
European
Asian
In a year-over-year comparison of
the fourth quarter, the vast
93%
majority of brands all saw
80%
increases in search activity.
41%
15% 14% 7%
10% 3%
41%
22%
23%
14%
12%
3%
17% 16%
51%
30%
28%
*Compared to Q1 ? previous year 4
Swapalease Q1 Lease Report
161%6% 121%2%
3%3% 2%2% 0%0% 0%0% 2%2% 1%1% 0%0%
4%4%
3%3%
1%1%
1%1% 1%1% 2%2% 1%0% 1%1% 0%0% 0%0%
% of Total Traffic
Q4 `18
Q1 `19
During Q1, most brands saw similar search traffic share on the site from the previous quarter. BMW's share of search traffic held steady, as it remains the top searched brand on the marketplace. Several brands at 0% share have less than 1% visibility overall on the marketplace.
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