AUTO LEASE PRICES DROP ON SEVERAL CHEVROLET AND FORD MODELS IN MARCHPosted Mar 20, 2019
Chevrolet and Ford Offer Attractive Lease Deals on Many Vehicles, While SUV Prices Increase From Other Brands
CINCINNATI, OHIO (March 20, 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 March. Chevrolet and Ford offered discounts on a variety of vehicles, while many brands such as Infiniti, Toyota and BMW increased their current lease prices on SUVs.
While several dealers have offered attractive lease deals in the month of March, the Nissan Sentra is currently priced the lowest of all vehicles, coming in at just $129 per month. The Nissan Sentra has held this price for the past two months, following several price drops from the brand in February.
Chevrolet and Ford offered discounts on most of their vehicles entering March. The Chevrolet Traverse had a (-12.88%) decrease from last month, bringing the price down to $289 per month. The Malibu had a -5.51% decrease from February, and is priced at $239 per month. The Ford Fusion experienced a -18.65% decrease from the month of February, bringing its price to $179 per month. The Ford Focus had a decrease of -10.15% bringing the monthly price to $159 per month.
“We’re seeing an increase in aggressive lease pricing beginning to permeate across dealerships, specifically for compact cars,” said Scot Hall, Executive Vice President of Wantalease.com. “Just as we saw Nissan offer attractive pricing across their line of vehicles in the month of February, other brands such as Ford and Chevrolet seem to be following suit.”
The vehicles with the largest increased monthly payment are the Toyota RAV4 with a +20.37% increase, and the Infiniti QX80 with a +20.21% increase in price from March. The RAV4 is currently offered at $299 per month, while the QX80 is offered for $759. The BMW X5 also saw a significant increase in price for the month of March, with a +16.75 increase, bringing lease payments to $899 per month.