Finance

MAJORITY OF TRUCK AND SUV PRICES DROP IN AUGUST PENDING 2020 RELEASES

While 67% Of Auto Lease Prices Remained Steady in August, Trucks and SUVs Experienced Significant Price Drops
( PR4US.com | Press Release | 2019-08-26 22:32:02 )
CINCINNATI, OHIO (August 26, 2019) – Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings for the month of August. Over 33% of today’s popular automotive manufacturers of trucks and SUVs offered generous discounts on new lease deals.

While most car prices have remained steady in August, manufacturers offered discounts on all categories of trucks and SUV’s including small, mid-size and large. The Cadillac Escalade experienced the largest price drop of the month with a -22.96% decrease in payment. The GMC Yukon experienced a -20.72% drop, followed by the GMC Canyon Crew (-15.32%) and Ford F-150 (-12.09%).
The Escalade decreased in monthly payment by -$248.61, bringing monthly payments to $689 per month. The Yukon dropped -$142.69, bringing its monthly payments to $449 per month.

“We’re seeing an increase in discounts and aggressive pricing beginning to permeate across trucks and SUV’s as 2020 vehicles have begun to occupy dealer lots,” said Scot Hall, Executive Vice President of Wantalease.com. “Consumers are searching for aggressive deals on a variety of vehicles, but may find themselves leaning toward SUVs and trucks if they’re available at more affordable rates.”

The vehicles with the largest increase in monthly payment were the Ford Explorer with a 13.34% increase, and the Volkswagen Passat with a 11.59% increase in price from July. The Explorer is currently offered at $416 per month, while the Passat is offered for $229.
The most affordable vehicle of the month remains the Nissan Sentra, coming in at just $129 per month. The Nissan Sentra has maintained the lowest price on a new vehicle lease for the past six months.

Wantalease.com is a sister marketplace to Swapalease.com, the nation’s largest online marketplace for leases.

About Wantalease.com:
Headquartered in Cincinnati, Ohio, Wantalease.com is the world’s first online automotive marketplace for new car leases. For more information visit www.WantAlease.com.


Press Information


Published by

Erica Olson
https://www.meritmile.com/

Contact Erica Olson


 

 

 

 

 

 

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact PR4US. We will not be able to assist you. PR4US disclaims the content included in this release.
Preparing for PR: Five Hot Tips for Startups
PR Fundamentals for Startups - MaRS Best Practices
Public Relations 101
Public Relations Strategy in Our World Today!
Introduction to Public Relations
Trends in Communicating
How to Do Marketing/PR on a Budget - CoInvent Startup Summit 2014 New York
Monika Dixon Shares PR Tips