Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

SUV Leases Still in Demand

August 28, 2008

Sales of new SUVs and trucks have plummeted since the beginning of the year. However, the secondary market for SUV leases continues with strong demand mostly because of significant benefits through taking over someone's existing SUV lease. reports a 24 percent increase in SUV transactions. While many of these people exit their lease to downsize their vehicle, there continues to be strong demand to take over SUV leases as well—four times as many buyers, in fact. Everything from short-term leases to low monthly payments make these leases extremely attractive for people shopping for a vehicle.

"Similar to what you're seeing in the housing market, many people are taking advantage of lower prices on trucks and SUVs through lease transfer," said Sergio Stiberman, CEO of "Many consumers are willing to cope with the price of gas knowing that they only have a short-term commitment, no money down and lower monthly payments compared to shopping at a dealer."

Many customers appreciate the fact that they can get a short-term lease, which is financially appealing in today's current economy, the company reports. Consumers find it easier to project their monthly car payments for a shorter term, compared with 72-, 84- and even 96-month financing, which is readily available at most car dealers. facilitates automobile lease transfers and easily and affordably matches car shoppers with drivers wanting out of their leased vehicle. Visit, or call (800) 770-0207.


Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Faq Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Sponsored by

Lynda Dinwiddie works as the associate VP of fleet and travel for LabCorp.

Read more

Article News

Popular Stories

Up Next

More From The World's Largest Fleet Publisher