Forecasting the Top Lease Vehicles in April
A report from Wantalease.com has stated that-while most vehicle prices remained steady into April-dealers have offered more aggressive lease pricing on mid-size and large SUVs and small and large pickup trucks.
Report Findings
The Nissan Sentra is currently priced the lowest of all vehicles, coming in at $109 per month for the second consecutive month. It is priced lower than the Honda Civic, which was the vehicle previously holding the lowest price for the last six months at $149. This month, the Honda Civic increased in price by 13.15 percent, bringing the monthly payments to $189.
The vehicle that saw the largest price drop moving into the month of April was the Chevy Silverado 1500 4WD Double Cab with an 11.99 percent decrease. The vehicle is offered at $299 per month, followed by the Ford Expedition at $469 (a drop of 10.57 percent), the GMC Canyon Crew Cab for $249 per month (a drop of 9.10 percent), and the Ford Explorer at $349 per month (a drop of 8.59 percent).
“We’re seeing an increase in aggressive pricing beginning to permeate across cars and trucks for lease deals,” said Scot Hall, executive vice president of Wantalease.com. “With a slight pullback in new-vehicle sales, consumers will be increasingly on the hunt for aggressive deals on everything from small cars to large, luxury trucks and SUVs.”
The vehicles with the largest increased monthly payment are the Chevrolet Cruze with a 12.47 percent increase, and the Chevrolet Malibu with a 10.18 percent increase in price from February. The Cruze is currently offered at $169 per month, while the Malibu is offered for $199.
