Cars
Mayhap you haven't heard, but Chrysler doesn't want to lease you a car. That means Dodge and Jeep won't either. Don't take that to mean you're not permitted to lease a Chrysler, Dodge, or Jeep - you just have to do it through somebody else. Other companies are really stamping on the leasing brakes, too. Why? Have a look.
36 - typical number of months, in advance, that an automaker must predict the residual value of the vehicle it is leasing, meaning the value of the vehicle when the lease expires, a time when many previously leased vehicles head for auction
- Report: Owners Leasing Cars May Be Able To Make A Profit
With the recent surge in used car prices in the U.S., many people leasing vehicles have discovered the surprising fact that the market value of their automobiles is greater than the dealer’s quoted residual (buyout) price. All a would-be lessee...
- Hybrid Sales In America Drop In 2008? By The Numbers
After gas prices brought Americans to their knees in the summer of 2008, a time when the Honda Civic temporarily outsold the Ford F150, one would assume that hybrid sales rocketed upward last year. One would be correct in that assumption, right? Wrong....
- Top 5 Most Leased Vehicles In America
In order to better understand the current state of affairs in the automotive leasing domain, check this morning's earlier post from GoodCarBadCar.net. If you want to know, and of course you do want to know, which vehicles are leased the most often...
- More Bad Car Statistics
So the F-150, Toyota Tundra, and some General Motors vehicles are struggling to escape dealer lots. That's not news to you. The actual statistics surrounding vague statements like that mentioned two sentences prior could strike fear into the hurt...
- Bad Car Statistics
Recession-like circumstances in the United States is a hard issue to get one's head around, even with Issue #1 on CNN every afternoon and constant depressing numbers related to the housing market. Yes, it's obvious that the automotive market is,...
Cars
AMERICAN LEASING STATISTICS BY THE NUMBERS
Mayhap you haven't heard, but Chrysler doesn't want to lease you a car. That means Dodge and Jeep won't either. Don't take that to mean you're not permitted to lease a Chrysler, Dodge, or Jeep - you just have to do it through somebody else. Other companies are really stamping on the leasing brakes, too. Why? Have a look. 4 - BMWs on the 'top ten most commonly leased vehicles' in American list
19.7 - percentage of total July automotive "sales" actually consumed by leasing, as 53.8% direct automaker loans
36 - typical number of months, in advance, that an automaker must predict the residual value of the vehicle it is leasing, meaning the value of the vehicle when the lease expires, a time when many previously leased vehicles head for auction
2,100,000,000 - lease-related losses, measured in dollars, for Ford Motor Company in the second quarter of 2008
22.9 - percentage drop in the auction sale price of full size pickup trucks in July, compared with July of 2007
24.4 - percentage drop in the auction sale price of full size SUVs in July, compared with July of 2007
13.3 - percentage drop in the auction sale price of luxury SUVs in July, compared with July of 2007
18 - early lease returning, measured in months, that automakers are sometimes recommending because the value of an owner's vehicle is dropping so rapidly; a recommendation unheard of just two years ago
2,000,000,000 - lease-related losses, measured in dollars, for General Motors in the second quarter of 2008
The math ain't hard to understand. Not long ago, an automaker may have leased a $35,000 SUV, predicting the residual value to be $21,000. That SUV just came off lease, and it's actually worth $16,000. That sucks.
- Report: Owners Leasing Cars May Be Able To Make A Profit
With the recent surge in used car prices in the U.S., many people leasing vehicles have discovered the surprising fact that the market value of their automobiles is greater than the dealer’s quoted residual (buyout) price. All a would-be lessee...
- Hybrid Sales In America Drop In 2008? By The Numbers
After gas prices brought Americans to their knees in the summer of 2008, a time when the Honda Civic temporarily outsold the Ford F150, one would assume that hybrid sales rocketed upward last year. One would be correct in that assumption, right? Wrong....
- Top 5 Most Leased Vehicles In America
In order to better understand the current state of affairs in the automotive leasing domain, check this morning's earlier post from GoodCarBadCar.net. If you want to know, and of course you do want to know, which vehicles are leased the most often...
- More Bad Car Statistics
So the F-150, Toyota Tundra, and some General Motors vehicles are struggling to escape dealer lots. That's not news to you. The actual statistics surrounding vague statements like that mentioned two sentences prior could strike fear into the hurt...
- Bad Car Statistics
Recession-like circumstances in the United States is a hard issue to get one's head around, even with Issue #1 on CNN every afternoon and constant depressing numbers related to the housing market. Yes, it's obvious that the automotive market is,...