National online auto lease marketplace, Swapalease.com, recently conducted a comparison of monthly payments on two popular trucks today, a 2016 GMC Yukon 4WD SLE, and a 2016 GMC Sierra Crew Cab 4WD SLE. The analysis then compared what the monthly payment would be on the same trucks if leased three years later.
2016 GMC Yukon 4WD SLE (Average $53,885 MSRP):
- New Lease Monthly payments average $614.57 Plus applicable taxes
- Used Lease (36 months old) Monthly payments average $424.80 Plus applicable taxes
2016 GMC Sierra Crew Cab 4WD SLE (Average $48,050 MSRP):
- New Lease Monthly payments average $513.61 Plus applicable taxes
- Used Lease (36 months old) Monthly payments average $421.29 Plus applicable taxes
“There’s plenty of talk in the marketplace about the prospects of used lease deals, which historically haven’t been a large part of lease availability,” said Scot Hall, Executive Vice President of Swapalease.com. “We wanted to provide a snapshot to the industry and to consumers what some average comparison deals might look like as a way to provide education ahead of any possible deals.”
Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. More specifically Swapalease.com 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 Swapalease.com’s safe online system to contact the prospective seller and close the deal. For more information about Swapalease.com or how to exit your lease early, call 866-SWAPNOW or visit www.swapalease.com.