• Sign in to follow this  
    Followers 0

    Americans Are Leasing Vehicles At A Record Number


    • More Americans Are Choosing To Lease

    Prices of new vehicles are climbing to record highs and causing buyers to look at leases for lower monthly payments.

     

    According to CNBC, a new report from Experian Automotive found that 31.46 percent of vehicles sold in the first quarter were leased. This is up from the 24.05 percent who chose to lease five years ago. The report also reveals that that the average monthly payment for a new vehicle loan was $488, up $14. But, the average lease payment was down $7 to $405.

     

    "The difference between a monthly payment for those leasing a new vehicle versus those who buy new is almost $100," said Melinda Zabritski, senior director of Experian Automotive.

     

    "Leasing has become more popular because the price of vehicles continues to go up. Consumers are looking for lower monthly payments, which is why more of them are extending the terms of their loans."

     

    Source: CNBC

    0


    Sign in to follow this  
    Followers 0


    User Feedback


    Industry wide this is definitely true, though for some reason it is not remotely the case in our location.  We are lucky to get maybe 10% of sales as leases, most it seems would rather just try and get extended terms to get that payment down.

    0

    Share this comment


    Link to comment
    Share on other sites

    I think this goes right along with the news story about 84 month finance terms.  We're setting ourselves up for another financial bubble where people "move up" through longer financing terms instead of wage increases.

    1

    Share this comment


    Link to comment
    Share on other sites

    Is there not a disconnect where people looking for lower monthly payments IGNORE the fact that lease payments never end, whereas purchase payments do?

    0

    Share this comment


    Link to comment
    Share on other sites

    Is there not a disconnect where people looking for lower monthly payments IGNORE the fact that lease payments never end, whereas purchase payments do?

     

    Doesn't matter to them, they're going to want a new car in 2 - 4 years anyway. 

     

    We leased the Buick, but our reason for leasing was that we were anticipating a major life change after 2 years and we weren't sure if we were going to want the same sort of vehicle.  We were a 1 vehicle household if you don't count the Toronado which doesn't get used much. 

    1

    Share this comment


    Link to comment
    Share on other sites

    I believe the Auto industry will push all they can to move all auto prices up to force more and more into leasing as they would rather have a consumable market place with never ending payments to them. I can see the long term time get to where if you want an auto, you lease it and pay for the right to drive an auto with never ending payments.

     

    Those of us that hold onto auto's for a long time will become fewer and fewer.

    0

    Share this comment


    Link to comment
    Share on other sites

    Is there not a disconnect where people looking for lower monthly payments IGNORE the fact that lease payments never end, whereas purchase payments do?

    Very, very few of the customers I see have their vehicles long enough to pay them off, and I've not done a lease yet, so even the non-lease customers often will never reach and end to payments.  Heck, most of them are out looking to trade while they're still upside down on the car they want to trade in.

    0

    Share this comment


    Link to comment
    Share on other sites

     

    Is there not a disconnect where people looking for lower monthly payments IGNORE the fact that lease payments never end, whereas purchase payments do?

     

    Doesn't matter to them, they're going to want a new car in 2 - 4 years anyway. 

    Those people already were lease-ees.

    I don't think I understand someone who is going to complain about how much they are spending but then enter into a perpetual infinite monthly expenditure cycle.

    0

    Share this comment


    Link to comment
    Share on other sites

    I believe the Auto industry will push all they can to move all auto prices up to force more and more into leasing as they would rather have a consumable market place with never ending payments to them. I can see the long term time get to where if you want an auto, you lease it and pay for the right to drive an auto with never ending payments.

     

    Those of us that hold onto auto's for a long time will become fewer and fewer.

    I think that realistically those people have long been in the minority.  I just paid my car off back in March, and honestly I would love to trade for something different,  but I won't even realistically entertain the thought of doing something I know I can't afford like that.  I think the larger number of people that do hold onto their vehicles are probably more like me, they don't keep them because they don't want to trade, they keep them because they can't afford to do otherwise.  I don't hate, or even dislike, my current car, but I bought it because it fit my budget and needs, not because it excited me.  I would love to buy something that I'm actually excited to own, instead, but that just isn't in the cards.

    0

    Share this comment


    Link to comment
    Share on other sites

    Given the current financal climate this is hardly surprising.

     

    Only a matter of time now before leases start going up in price.

    0

    Share this comment


    Link to comment
    Share on other sites

     

    Is there not a disconnect where people looking for lower monthly payments IGNORE the fact that lease payments never end, whereas purchase payments do?

    Very, very few of the customers I see have their vehicles long enough to pay them off...

    That's because the people who DO pay them off don't go shopping nearly as often! ;)

    0

    Share this comment


    Link to comment
    Share on other sites

     

     

    Is there not a disconnect where people looking for lower monthly payments IGNORE the fact that lease payments never end, whereas purchase payments do?

     

    Doesn't matter to them, they're going to want a new car in 2 - 4 years anyway. 

    Those people already were lease-ees.

    I don't think I understand someone who is going to complain about how much they are spending but then enter into a perpetual infinite monthly expenditure cycle.

     

     

    They're probably already in that cycle. They buy, go upside down, trade in 3 - 4 years before the note is paid off, and roll the balance into the next car.  Leasing will probably cost them less money than that scenario.

    Don't get me wrong... I much prefer to buy and hold also.  I'm just explaining what I think is the reason for the shift. 

     

    Besides, GM says you don't even own your car anymore, you just license the software that runs it.

    0

    Share this comment


    Link to comment
    Share on other sites

    i never wanted to lease ever again but we leased our new town and country in January.  I could not justify 500/mo for an explorer/traverse or sim that was 3 years old and had 50k on it on a 5 year loan.  I chose to lease a new mostly loaded T/C for the same payment as to buy a 1-2 year old grand caravan with lesser kit and 30k on the odometer already.

     

    it comes down to stagnant wages vs. msrp's going way up, also in this instance, the residual after 3 years is far less than what the loan payoff would be at after 3 years on a traditional buy.  If the value tanks, I walk away or by then with so many leases out there, they may offer them for sale to the lessee for a price cut at the end.

     

    I don't want own a van anyways.

     

    Sure I am left with nothing but i paid 6 years on my Taurus X, the tranny started going out, and it was only worth a small dimple in the down payment of a new one.

     

    Yes there is a huge bubble coming, or......

     

    The automakers have succeeded in making a 'first market' where then they get the vehicle back after you paid most of the depreciation.  Then they get to sell the vehicle again as a CPO with low miles and make money on a new loan and sell extended warranties.....  The second cycle, people will trade it in at about the 6-7 year mark, 100k or so, and then the dealer will obtain that trade with you at a loss, roll your deficit into a new loan for someone else with low wage and bad credit......so they will be buying 6-7 year old vehicles at 12-18 percent and 5 years again and will be almost forced to get a warranty AGAIN.  Then once the vehicle is 10-12 years old, the vehicle hits the cycle again and money is made again.......

     

    Think of how much $$$$ banks make off that one vehicle over its life.  Think of how much states make off sales tax and vehicle tabs for that one car.

     

    I was all for paying off my cars but the last two i did, within less than a year, they had tranny issues and it was either put big bucks into them or take what i could get and put it into the new vehicle.  Just paid off the cobalt and now its approaching 100k, the past tells me my trouble free car, something will start to go amok, so i should go look for a lease.....can't replace that 207 payment with a 5 year loan comparable car for less than 300-350 unless i lease.... and even then that's still almost impossible.....

     

    My last few weeks in my selling cars gig i recall the people at the sister Ford dealer had been starting the lease push back again (2012).  The initial targets were like 30-33 percent lease and eventually over time if it hit 40% they said it was not impossible.  You get people on the 3 year cycle, just like cell phones, get people on a cycle where their decision is forced otherwise they sit and do nothing and spend no cash.

    0

    Share this comment


    Link to comment
    Share on other sites

    Given the current financal climate this is hardly surprising.

     

    Only a matter of time now before leases start going up in price.

     

     

    I've seen that here already. The local dodge dealership pretty much used to give leases away here....not any more. The Compass was a 150 buck special last year, cheapest lease this year is 300 bucks with money down.

     

    And they are selling more this year than last.

     

    I'm going to stay down at the small car level myself. Would love a colorado, but simply can't justify the 30k+ price tag. Thinking some sort of cruze, though I'm waiting on more info on the 2016....

     

    Then something well picked used for the wife....

    0

    Share this comment


    Link to comment
    Share on other sites

    Average new car price is nearing the average annual income of a person now.  Wages aren't going up as fast as cost of cars, education, insurance, etc, etc.   I think most Americans also live for the future and worry about current monthly budget and don't think about the payments never ending or what interest over 6 or 7 years is on a car.  So they look for the lowest payment for today, and worry about the future later.  But as Drew mentioned, that sets us up for another bubble to burst.

     

    Personally I like to buy used cars because the depreciation hit is gone, and then you have something to own that you can keep.    But I can understand why lease rates are surging.  Assume someone on a tight budget that can spend $200 a month on a car, they can either buy an $11,000 used car (which will probably be a 2007-2010) on a 6 year loan or get a 2015 Focus, Cruze or Elantra lease and have warranty, not have to worry about buying tires, making repairs, etc. 

    0

    Share this comment


    Link to comment
    Share on other sites

     

     

    Is there not a disconnect where people looking for lower monthly payments IGNORE the fact that lease payments never end, whereas purchase payments do?

    Very, very few of the customers I see have their vehicles long enough to pay them off...

    That's because the people who DO pay them off don't go shopping nearly as often! ;)

     

     

    Ha ... that'd be me. ;)

     

    Here in IL, the taxes for a lease have reportedly dropped by 50% ... so the leases here are that much more ... enticing.

     

     

    Cort :) www.oldcarsstronghearts.com

    1979 & 1989 Caprice Classics | pigValve, paceMaker, cowValve
    "Hood slidin' like Bo Duke"__Dierks Bently__'What Was I Thinking?'
    0

    Share this comment


    Link to comment
    Share on other sites


    Your content will need to be approved by a moderator

    Guest
    You are commenting as a guest. If you have an account, please sign in.
    Add a comment...

    ×   You have pasted content with formatting.   Remove formatting

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor




  • Popular Stories

  • Today's Birthdays

    1. Carguy
      Carguy
      (47 years old)
    2. Elitedragon27
      Elitedragon27
      (30 years old)
  • Similar Content

    • By William Maley
      Maserati North America, Inc. - Up 58.5% (1,694 Vehicles Sold This Month, 12,534 Vehicles Sold So Far This Year)
      Jaguar Land Rover North America - Up 30.5% (12,573 Vehicles Sold This Month, 105,104 Vehicles Sold So Far This Year)
      Volkswagen of America - Up 20.3% (37,229 Vehicles Sold This Month, 322,948 Vehicles Sold So Far This Year)
      Audi of America - Up 13.7% (23,195 Vehicles Sold This Month, 210,213 Vehicles Sold So Far This Year)
      Subaru of America, Inc. - Up 12.3% (63,177 Vehicles Sold This Month, 615,132 Vehicles Sold So Far This Year)
      General Motors Co. - Up 10% (319,108 Vehicles Sold This Month, 3,042,775 Vehicles Sold So Far This Year)
      Nissan North America - Up 9.7% (152,743 Vehicles Sold This Month, 1,564,423 Vehicles Sold So Far This Year)
      Volvo Cars of North America, LLC - Up 8.4% (10,129 Vehicles Sold This Month, 82,724 Vehicles Sold So Far This Year)
      American Honda Motor Co. - Up 6.4% (160,477 Vehicles Sold This Month, 1,637,942 Vehicles Sold So Far This Year)
      Toyota Motor Sales U.S.A. - Up 5.8% (243,229 Vehicles Sold This Month, 2,449,630 Vehicles Sold So Far This Year)
      Porsche Cars North America, Inc. - Up 2% (4,015 Vehicles Sold This Month, 54,280 Vehicles Sold So Far This Year)
      Ford Motor Company - Up 0.3% (239,854 Vehicles Sold This Month, 2,614,697 Vehicles Sold So Far This Year)
      Kia Motors America - Up 0.2% (54,353 Vehicles Sold This Month, 647,598 Vehicles Sold So Far This Year)
      Mazda North American Operations - Down 1.8% (28,754 Vehicles Sold This Month, 297,773 Vehicles Sold So Far This Year)
      Hyundai Motor America - Down 1.9% (62,305 Vehicles Sold This Month, 775,005 Vehicles Sold So Far This Year)
      Mercedes-Benz USA - Down 4.8% (37,057 Vehicles Sold This Month, 380,752 Vehicles Sold So Far This Year)
      BMW Group U.S. - Down 5.4% (37,493 Vehicles Sold This Month, 365,204 Vehicles Sold So Far This Year)
      Mitsubishi Motors North America - Down 6.4% (7,383 Vehicles Sold This Month, 96,267 Vehicles Sold So Far This Year)
      FCA US LLC - Down 10% (192,519 Vehicles Sold This Month, 2,244,315 Vehicles Sold So Far This Year)

      Brands:
      Acura - Up 1.9% (17,148 Vehicles Sold This Month, 161,360 Vehicles Sold So Far This Year)
      Alfa Romeo - Down 7% (52 Vehicles Sold This Month, 516 Vehicles Sold So Far This Year)
      Audi - Up 13.7% (23,195 Vehicles Sold This Month, 210,213 Vehicles Sold So Far This Year)
      BMW - Down 5.2% (32,835 Vehicles Sold This Month, 313,174 Vehicles Sold So Far This Year)
      Buick - Up 2.8% (21,288 Vehicles Sold This Month, 229,631 Vehicles Sold So Far This Year)
      Cadillac - Up 3.2% (21,446 Vehicles Sold This Month, 170,006 Vehicles Sold So Far This Year)
      Chevrolet - Up 12.8% (212,959 Vehicles Sold This Month, 2,096,510 Vehicles Sold So Far This Year)
      Chrysler - Down 32% (16,776 Vehicles Sold This Month, 231,972 Vehicles Sold So Far This Year)
      Dodge - Down 21% (36,329 Vehicles Sold This Month, 506,858 Vehicles Sold So Far This Year)
      Fiat - Down 54% (2,606 Vehicles Sold This Month, 32,742 Vehicles Sold So Far This Year)
      Ford - Down 0.6% (227,063 Vehicles Sold This Month, 2,502,973 Vehicles Sold So Far This Year)
      Genesis - N/A (1,733 Vehicles Sold This Month, 6,948 Vehicles Sold So Far This Year)
      GMC - Up 5.8% (63,415 Vehicles Sold This Month, 546,628 Vehicles Sold So Far This Year)
      Honda - Up 6.9% (143,329 Vehicles Sold This Month, 1,476,582 Vehicles Sold So Far This Year)
      Hyundai - Down 4.6% (60,572 Vehicles Sold This Month, 768,057 Vehicles Sold So Far This Year)
      Infiniti - Up 20.6% (18,198 Vehicles Sold This Month, 138,293 Vehicles Sold So Far This Year)
      Jaguar - Up 259% (4,294 Vehicles Sold This Month, 31,243 Vehicles Sold So Far This Year)
      Jeep - Down 6% (83,159 Vehicles Sold This Month, 926,376 Vehicles Sold So Far This Year)
      Kia - Up 0.2% (54,353 Vehicles Sold This Month, 647,598 Vehicles Sold So Far This Year)
      Land Rover - Down 1.9% (8,279 Vehicles Sold This Month, 73,861 Vehicles Sold So Far This Year)
      Lexus - Up 3.2% (41,182 Vehicles Sold This Month, 331,228 Vehicles Sold So Far This Year)
      Lincoln - Up 17.8% (12,791 Vehicles Sold This Month, 111,724 Vehicles Sold So Far This Year)
      Maserati - Up 58.5% (1,694 Vehicles Sold This Month, 12,534 Vehicles Sold So Far This Year)
      Mazda - Down 1.8% (28,754 Vehicles Sold This Month, 297,773 Vehicles Sold So Far This Year)
      Mercedes-Benz - Down 6.4% (32,011 Vehicles Sold This Month, 340,237 Vehicles Sold So Far This Year)
      Mercedes-Benz Vans - Down 4.6% (3,860 Vehicles Sold This Month, 34,304 Vehicles Sold So Far This Year)
      MINI - Down 7% (4,658 Vehicles Sold This Month, 52,030 Vehicles Sold So Far This Year)
      Mitsubishi - Down 6.4% (7,383 Vehicles Sold This Month, 96,267 Vehicles Sold So Far This Year)
      Nissan - Up 8.3% (134,545 Vehicles Sold This Month, 1,426,130 Vehicles Sold So Far This Year)
      Porsche - Up 2% (4,015 Vehicles Sold This Month, 54,280 Vehicles Sold So Far This Year)
      Ram Trucks - Up 10% (53,597 Vehicles Sold This Month, 545,851 Vehicles Sold So Far This Year)
      Smart - Up 77.3% (1,186 Vehicles Sold This Month, 6,211 Vehicles Sold So Far This Year)
      Subaru - Up 12.3% (63,177 Vehicles Sold This Month, 615,132 Vehicles Sold So Far This Year)
      Toyota - Up 6.4% (202,047 Vehicles Sold This Month, 2,118,402 Vehicles Sold So Far This Year)
      Volkswagen - Up 20.3% (37,229 Vehicles Sold This Month, 322,948 Vehicles Sold So Far This Year)
      Volvo - Up 8.4% (10,129 Vehicles Sold This Month, 82,724 Vehicles Sold So Far This Year)

      View full article
    • By William Maley
      Maserati North America, Inc. - Up 58.5% (1,694 Vehicles Sold This Month, 12,534 Vehicles Sold So Far This Year)
      Jaguar Land Rover North America - Up 30.5% (12,573 Vehicles Sold This Month, 105,104 Vehicles Sold So Far This Year)
      Volkswagen of America - Up 20.3% (37,229 Vehicles Sold This Month, 322,948 Vehicles Sold So Far This Year)
      Audi of America - Up 13.7% (23,195 Vehicles Sold This Month, 210,213 Vehicles Sold So Far This Year)
      Subaru of America, Inc. - Up 12.3% (63,177 Vehicles Sold This Month, 615,132 Vehicles Sold So Far This Year)
      General Motors Co. - Up 10% (319,108 Vehicles Sold This Month, 3,042,775 Vehicles Sold So Far This Year)
      Nissan North America - Up 9.7% (152,743 Vehicles Sold This Month, 1,564,423 Vehicles Sold So Far This Year)
      Volvo Cars of North America, LLC - Up 8.4% (10,129 Vehicles Sold This Month, 82,724 Vehicles Sold So Far This Year)
      American Honda Motor Co. - Up 6.4% (160,477 Vehicles Sold This Month, 1,637,942 Vehicles Sold So Far This Year)
      Toyota Motor Sales U.S.A. - Up 5.8% (243,229 Vehicles Sold This Month, 2,449,630 Vehicles Sold So Far This Year)
      Porsche Cars North America, Inc. - Up 2% (4,015 Vehicles Sold This Month, 54,280 Vehicles Sold So Far This Year)
      Ford Motor Company - Up 0.3% (239,854 Vehicles Sold This Month, 2,614,697 Vehicles Sold So Far This Year)
      Kia Motors America - Up 0.2% (54,353 Vehicles Sold This Month, 647,598 Vehicles Sold So Far This Year)
      Mazda North American Operations - Down 1.8% (28,754 Vehicles Sold This Month, 297,773 Vehicles Sold So Far This Year)
      Hyundai Motor America - Down 1.9% (62,305 Vehicles Sold This Month, 775,005 Vehicles Sold So Far This Year)
      Mercedes-Benz USA - Down 4.8% (37,057 Vehicles Sold This Month, 380,752 Vehicles Sold So Far This Year)
      BMW Group U.S. - Down 5.4% (37,493 Vehicles Sold This Month, 365,204 Vehicles Sold So Far This Year)
      Mitsubishi Motors North America - Down 6.4% (7,383 Vehicles Sold This Month, 96,267 Vehicles Sold So Far This Year)
      FCA US LLC - Down 10% (192,519 Vehicles Sold This Month, 2,244,315 Vehicles Sold So Far This Year)

      Brands:
      Acura - Up 1.9% (17,148 Vehicles Sold This Month, 161,360 Vehicles Sold So Far This Year)
      Alfa Romeo - Down 7% (52 Vehicles Sold This Month, 516 Vehicles Sold So Far This Year)
      Audi - Up 13.7% (23,195 Vehicles Sold This Month, 210,213 Vehicles Sold So Far This Year)
      BMW - Down 5.2% (32,835 Vehicles Sold This Month, 313,174 Vehicles Sold So Far This Year)
      Buick - Up 2.8% (21,288 Vehicles Sold This Month, 229,631 Vehicles Sold So Far This Year)
      Cadillac - Up 3.2% (21,446 Vehicles Sold This Month, 170,006 Vehicles Sold So Far This Year)
      Chevrolet - Up 12.8% (212,959 Vehicles Sold This Month, 2,096,510 Vehicles Sold So Far This Year)
      Chrysler - Down 32% (16,776 Vehicles Sold This Month, 231,972 Vehicles Sold So Far This Year)
      Dodge - Down 21% (36,329 Vehicles Sold This Month, 506,858 Vehicles Sold So Far This Year)
      Fiat - Down 54% (2,606 Vehicles Sold This Month, 32,742 Vehicles Sold So Far This Year)
      Ford - Down 0.6% (227,063 Vehicles Sold This Month, 2,502,973 Vehicles Sold So Far This Year)
      Genesis - N/A (1,733 Vehicles Sold This Month, 6,948 Vehicles Sold So Far This Year)
      GMC - Up 5.8% (63,415 Vehicles Sold This Month, 546,628 Vehicles Sold So Far This Year)
      Honda - Up 6.9% (143,329 Vehicles Sold This Month, 1,476,582 Vehicles Sold So Far This Year)
      Hyundai - Down 4.6% (60,572 Vehicles Sold This Month, 768,057 Vehicles Sold So Far This Year)
      Infiniti - Up 20.6% (18,198 Vehicles Sold This Month, 138,293 Vehicles Sold So Far This Year)
      Jaguar - Up 259% (4,294 Vehicles Sold This Month, 31,243 Vehicles Sold So Far This Year)
      Jeep - Down 6% (83,159 Vehicles Sold This Month, 926,376 Vehicles Sold So Far This Year)
      Kia - Up 0.2% (54,353 Vehicles Sold This Month, 647,598 Vehicles Sold So Far This Year)
      Land Rover - Down 1.9% (8,279 Vehicles Sold This Month, 73,861 Vehicles Sold So Far This Year)
      Lexus - Up 3.2% (41,182 Vehicles Sold This Month, 331,228 Vehicles Sold So Far This Year)
      Lincoln - Up 17.8% (12,791 Vehicles Sold This Month, 111,724 Vehicles Sold So Far This Year)
      Maserati - Up 58.5% (1,694 Vehicles Sold This Month, 12,534 Vehicles Sold So Far This Year)
      Mazda - Down 1.8% (28,754 Vehicles Sold This Month, 297,773 Vehicles Sold So Far This Year)
      Mercedes-Benz - Down 6.4% (32,011 Vehicles Sold This Month, 340,237 Vehicles Sold So Far This Year)
      Mercedes-Benz Vans - Down 4.6% (3,860 Vehicles Sold This Month, 34,304 Vehicles Sold So Far This Year)
      MINI - Down 7% (4,658 Vehicles Sold This Month, 52,030 Vehicles Sold So Far This Year)
      Mitsubishi - Down 6.4% (7,383 Vehicles Sold This Month, 96,267 Vehicles Sold So Far This Year)
      Nissan - Up 8.3% (134,545 Vehicles Sold This Month, 1,426,130 Vehicles Sold So Far This Year)
      Porsche - Up 2% (4,015 Vehicles Sold This Month, 54,280 Vehicles Sold So Far This Year)
      Ram Trucks - Up 10% (53,597 Vehicles Sold This Month, 545,851 Vehicles Sold So Far This Year)
      Smart - Up 77.3% (1,186 Vehicles Sold This Month, 6,211 Vehicles Sold So Far This Year)
      Subaru - Up 12.3% (63,177 Vehicles Sold This Month, 615,132 Vehicles Sold So Far This Year)
      Toyota - Up 6.4% (202,047 Vehicles Sold This Month, 2,118,402 Vehicles Sold So Far This Year)
      Volkswagen - Up 20.3% (37,229 Vehicles Sold This Month, 322,948 Vehicles Sold So Far This Year)
      Volvo - Up 8.4% (10,129 Vehicles Sold This Month, 82,724 Vehicles Sold So Far This Year)
    • By William Maley
      Maserati North America, Inc. - Up 27.3% (1,380 Vehicles Sold This Month, 10.838 Vehicles Sold So Far This Year)
      Volkswagen of America - Up 24.24% (29,672 Vehicles Sold This Month, 285,719 Vehicles Sold So Far This Year)
      Porsche Cars North America, Inc. - Up 23.9% (5,513 Vehicles Sold This Month, 50,265 Vehicles Sold So Far This Year)
      Kia Motors America - Up 15.3% (52,504 Vehicles Sold This Month, 593,245 Vehicles Sold So Far This Year)
      Volvo Cars of North America, LLC - Up 11.9% (7,723 Vehicles Sold This Month, 72,595 Vehicles Sold So Far This Year)
      Subaru of America, Inc. - Up 11.4% (51,308 Vehicles Sold This Month, 551,955 Vehicles Sold So Far This Year)
      General Motors Co. - Up 10.2% (252,644 Vehicles Sold This Month, 2,723,667 Vehicles Sold So Far This Year)
      Nissan North America - Up 7.5% (115,136 Vehicles Sold This Month, 1,411,680 Vehicles Sold So Far This Year)
      American Honda Motor Co. - Up 6.5% (122,924 Vehicles Sold This Month, 1,477,465 Vehicles Sold So Far This Year)
      Ford Motor Company - Up 5.1% (199,441 Vehicles Sold This Month, 2,361,426 Vehicles Sold So Far This Year)
      Toyota Motor Sales - Up 4.3% (197,645 Vehicles Sold This Month, 2,206,359 Vehicles Sold So Far This Year)
      Hyundai Motor America - Up 4.2% (62,507 Vehicles Sold This Month, 712,700 Vehicles Sold So Far This Year)
      Audi of America - Up 2.5% (17,118 Vehicles Sold This Month, 187,018 Vehicles Sold So Far This Year)
      Mitsubishi Motors North America - Up 1.8% (6,896 Vehicles Sold This Month, 88,884 Vehicles Sold So Far This Year)
      Mercedes-Benz USA - 0% (33,490 Vehicles Sold This Month, 343,695 Vehicles Sold So Far This Year)
      Mazda North American Operations - Down 3% (22,041 Vehicles Sold This Month, 269,019 Vehicles Sold So Far This Year)
      FCA US LLC - Down 14% (160,827 Vehicles Sold This Month, 2,051,796 Vehicles Sold So Far This Year)
      BMW Group U.S. - Down 15.8% (30,696 Vehicles Sold This Month, 327,711 Vehicles Sold So Far This Year)


      Jaguar Land Rover North America - 

      Brands:
      Acura - Down 5.1% (11,616 Vehicles Sold This Month, 144,212 Vehicles Sold So Far This Year)
      Alfa Romeo - Down 32% (23 Vehicles Sold This Month, 464 Vehicles Sold So Far This Year)
      Audi - Up 2.5% (17,118 Vehicles Sold This Month, 187,018 Vehicles Sold So Far This Year)
      BMW - Down 18.2% (26,189 Vehicles Sold This Month, 280,339 Vehicles Sold So Far This Year)
      Buick - Up 16.1% (18,530 Vehicles Sold This Month, 208,343 Vehicles Sold So Far This Year)
      Cadillac - Up 14.5% (15,326 Vehicles Sold This Month, 148,560 Vehicles Sold So Far This Year)
      Chevrolet - Up 8.1% (169,675 Vehicles Sold This Month, 1,883,551 Vehicles Sold So Far This Year)
      Chrysler - Down 47% (14,518 Vehicles Sold This Month, 215,196 Vehicles Sold So Far This Year)
      Dodge - Down 21% (34,075 Vehicles Sold This Month, 470,529 Vehicles Sold So Far This Year)
      Fiat - Down 15% (2,415 Vehicles Sold This Month, 30,136 Vehicles Sold So Far This Year)
      Ford - Up 4.5% (187,012 Vehicles Sold This Month, 2,262,493 Vehicles Sold So Far This Year)
      Genesis - N/A (1,306 Vehicles Sold This Month, 5,215 Vehicles Sold So Far This Year)
      GMC - Up 14.1% (49,113 Vehicles Sold This Month, 483,213 Vehicles Sold So Far This Year)
      Honda - Up 7.9% (111,308 Vehicles Sold This Month, 1,333,253 Vehicles Sold So Far This Year)
      Hyundai - Up 2% (61,201 Vehicles Sold This Month, 707,485 Vehicles Sold So Far This Year)
      Infiniti - Up 3.6% (12,112 Vehicles Sold This Month, 120,095 Vehicles Sold So Far This Year)
      Jaguar - 
      Jeep - Down 12% (67,285 Vehicles Sold This Month, 843,217 Vehicles Sold So Far This Year)
      Kia - Up 15.3% (52,504 Vehicles Sold This Month, 593,245 Vehicles Sold So Far This Year)
      Land Rover - 
      Lexus - Down 1% (29,050 Vehicles Sold This Month, 290,046 Vehicles Sold So Far This Year)
      Lincoln - Up 19.1% (9,429 Vehicles Sold This Month, 98,933 Vehicles Sold So Far This Year)
      Maserati - Up 27.3% (1,380 Vehicles Sold This Month, 10.838 Vehicles Sold So Far This Year)
      Mazda - Down 3% (22,041 Vehicles Sold This Month, 269,019 Vehicles Sold So Far This Year)
      Mercedes-Benz - Up 1.1% (30,363 Vehicles Sold This Month, 308,226 Vehicles Sold So Far This Year)
      Mercedes-Benz Vans - Down 7.4% (2,564 Vehicles Sold This Month, 30,444 Vehicles Sold So Far This Year)
      MINI - Up 1.4% (4,507 Vehicles Sold This Month, 47,372 Vehicles Sold So Far This Year)
      Mitsubishi - Up 1.8% (6,896 Vehicles Sold This Month, 88,884 Vehicles Sold So Far This Year)
      Nissan - Up 8% (103,024 Vehicles Sold This Month, 1,291,585 Vehicles Sold So Far This Year)
      Porsche - Up 23.9% (5,513 Vehicles Sold This Month, 50,265 Vehicles Sold So Far This Year)
      Ram Trucks - Up 12% (42,511 Vehicles Sold This Month, 492,254 Vehicles Sold So Far This Year)
      smart - Down 15% (563 Vehicles Sold This Month, 5,025 Vehicles Sold So Far This Year)
      Subaru - Up 11.4% (51,308 Vehicles Sold This Month, 551,955 Vehicles Sold So Far This Year)
      Toyota - Up 5.3% (168,595 Vehicles Sold This Month, 1,916,313 Vehicles Sold So Far This Year)
      Volkswagen - Up 24.24% (29,672 Vehicles Sold This Month, 285,719 Vehicles Sold So Far This Year)
      Volvo - Up 11.9% (7,723 Vehicles Sold This Month, 72,595 Vehicles Sold So Far This Year)

      View full article
    • By William Maley
      Maserati North America, Inc. - Up 27.3% (1,380 Vehicles Sold This Month, 10.838 Vehicles Sold So Far This Year)
      Volkswagen of America - Up 24.24% (29,672 Vehicles Sold This Month, 285,719 Vehicles Sold So Far This Year)
      Porsche Cars North America, Inc. - Up 23.9% (5,513 Vehicles Sold This Month, 50,265 Vehicles Sold So Far This Year)
      Kia Motors America - Up 15.3% (52,504 Vehicles Sold This Month, 593,245 Vehicles Sold So Far This Year)
      Volvo Cars of North America, LLC - Up 11.9% (7,723 Vehicles Sold This Month, 72,595 Vehicles Sold So Far This Year)
      Subaru of America, Inc. - Up 11.4% (51,308 Vehicles Sold This Month, 551,955 Vehicles Sold So Far This Year)
      General Motors Co. - Up 10.2% (252,644 Vehicles Sold This Month, 2,723,667 Vehicles Sold So Far This Year)
      Nissan North America - Up 7.5% (115,136 Vehicles Sold This Month, 1,411,680 Vehicles Sold So Far This Year)
      American Honda Motor Co. - Up 6.5% (122,924 Vehicles Sold This Month, 1,477,465 Vehicles Sold So Far This Year)
      Ford Motor Company - Up 5.1% (199,441 Vehicles Sold This Month, 2,361,426 Vehicles Sold So Far This Year)
      Toyota Motor Sales - Up 4.3% (197,645 Vehicles Sold This Month, 2,206,359 Vehicles Sold So Far This Year)
      Hyundai Motor America - Up 4.2% (62,507 Vehicles Sold This Month, 712,700 Vehicles Sold So Far This Year)
      Audi of America - Up 2.5% (17,118 Vehicles Sold This Month, 187,018 Vehicles Sold So Far This Year)
      Mitsubishi Motors North America - Up 1.8% (6,896 Vehicles Sold This Month, 88,884 Vehicles Sold So Far This Year)
      Mercedes-Benz USA - 0% (33,490 Vehicles Sold This Month, 343,695 Vehicles Sold So Far This Year)
      Mazda North American Operations - Down 3% (22,041 Vehicles Sold This Month, 269,019 Vehicles Sold So Far This Year)
      FCA US LLC - Down 14% (160,827 Vehicles Sold This Month, 2,051,796 Vehicles Sold So Far This Year)
      BMW Group U.S. - Down 15.8% (30,696 Vehicles Sold This Month, 327,711 Vehicles Sold So Far This Year)


      Jaguar Land Rover North America - 

      Brands:
      Acura - Down 5.1% (11,616 Vehicles Sold This Month, 144,212 Vehicles Sold So Far This Year)
      Alfa Romeo - Down 32% (23 Vehicles Sold This Month, 464 Vehicles Sold So Far This Year)
      Audi - Up 2.5% (17,118 Vehicles Sold This Month, 187,018 Vehicles Sold So Far This Year)
      BMW - Down 18.2% (26,189 Vehicles Sold This Month, 280,339 Vehicles Sold So Far This Year)
      Buick - Up 16.1% (18,530 Vehicles Sold This Month, 208,343 Vehicles Sold So Far This Year)
      Cadillac - Up 14.5% (15,326 Vehicles Sold This Month, 148,560 Vehicles Sold So Far This Year)
      Chevrolet - Up 8.1% (169,675 Vehicles Sold This Month, 1,883,551 Vehicles Sold So Far This Year)
      Chrysler - Down 47% (14,518 Vehicles Sold This Month, 215,196 Vehicles Sold So Far This Year)
      Dodge - Down 21% (34,075 Vehicles Sold This Month, 470,529 Vehicles Sold So Far This Year)
      Fiat - Down 15% (2,415 Vehicles Sold This Month, 30,136 Vehicles Sold So Far This Year)
      Ford - Up 4.5% (187,012 Vehicles Sold This Month, 2,262,493 Vehicles Sold So Far This Year)
      Genesis - N/A (1,306 Vehicles Sold This Month, 5,215 Vehicles Sold So Far This Year)
      GMC - Up 14.1% (49,113 Vehicles Sold This Month, 483,213 Vehicles Sold So Far This Year)
      Honda - Up 7.9% (111,308 Vehicles Sold This Month, 1,333,253 Vehicles Sold So Far This Year)
      Hyundai - Up 2% (61,201 Vehicles Sold This Month, 707,485 Vehicles Sold So Far This Year)
      Infiniti - Up 3.6% (12,112 Vehicles Sold This Month, 120,095 Vehicles Sold So Far This Year)
      Jaguar - 
      Jeep - Down 12% (67,285 Vehicles Sold This Month, 843,217 Vehicles Sold So Far This Year)
      Kia - Up 15.3% (52,504 Vehicles Sold This Month, 593,245 Vehicles Sold So Far This Year)
      Land Rover - 
      Lexus - Down 1% (29,050 Vehicles Sold This Month, 290,046 Vehicles Sold So Far This Year)
      Lincoln - Up 19.1% (9,429 Vehicles Sold This Month, 98,933 Vehicles Sold So Far This Year)
      Maserati - Up 27.3% (1,380 Vehicles Sold This Month, 10.838 Vehicles Sold So Far This Year)
      Mazda - Down 3% (22,041 Vehicles Sold This Month, 269,019 Vehicles Sold So Far This Year)
      Mercedes-Benz - Up 1.1% (30,363 Vehicles Sold This Month, 308,226 Vehicles Sold So Far This Year)
      Mercedes-Benz Vans - Down 7.4% (2,564 Vehicles Sold This Month, 30,444 Vehicles Sold So Far This Year)
      MINI - Up 1.4% (4,507 Vehicles Sold This Month, 47,372 Vehicles Sold So Far This Year)
      Mitsubishi - Up 1.8% (6,896 Vehicles Sold This Month, 88,884 Vehicles Sold So Far This Year)
      Nissan - Up 8% (103,024 Vehicles Sold This Month, 1,291,585 Vehicles Sold So Far This Year)
      Porsche - Up 23.9% (5,513 Vehicles Sold This Month, 50,265 Vehicles Sold So Far This Year)
      Ram Trucks - Up 12% (42,511 Vehicles Sold This Month, 492,254 Vehicles Sold So Far This Year)
      smart - Down 15% (563 Vehicles Sold This Month, 5,025 Vehicles Sold So Far This Year)
      Subaru - Up 11.4% (51,308 Vehicles Sold This Month, 551,955 Vehicles Sold So Far This Year)
      Toyota - Up 5.3% (168,595 Vehicles Sold This Month, 1,916,313 Vehicles Sold So Far This Year)
      Volkswagen - Up 24.24% (29,672 Vehicles Sold This Month, 285,719 Vehicles Sold So Far This Year)
      Volvo - Up 11.9% (7,723 Vehicles Sold This Month, 72,595 Vehicles Sold So Far This Year)
    • By William Maley
      Volkswagen of America Reports November 2016 Sales Results
      Dec 1, 2016
      November sales totaled 29,672 units, an increase of 24.2 percent over November 2015 Tiguan sales totaled 4,516 units, an increase of 15.6 percent over November 2015 Passat sales totaled 6,441 units, an increase of 133.5 percent over November 2015 Golf SportWagen sales (which includes the  all-new Alltrack) totaled 2,174 units, an increase of 246 percent over November 2015 Herndon, VA — (December 1, 2016) Volkswagen of America, Inc. (VWoA) today reported sales of 29,672 units delivered in November 2016. Sales of the Golf SportWagen, which include the all-new Alltrack, increased by more than 200% over November 2015.
      November 2016 Sales
        November 16
      November 15
      Yr/Yr% change
      November  16
      YTD
      November  15
      YTD
      Yr/Yr%
      change
      Golf
                  1,340
                      774
      73.1%
                11,894
                18,066
      -34.2%
      GTI
                  2,216
                   1,963
      12.9%
                21,157
                21,300
      -0.7%
      Golf R
                     449
                      273
      64.5%
                  3,947
                  3,492
      13.0%
      e-Golf
                     305
                      472
      -35.4%
                  3,494
                  3,623
      -3.6%
      Golf SportWagen
                  2,174
                      628
      246.2%
                12,227
                13,112
      -6.7%
      Total Golf Family
                  6,484
                      4,110
      57.8%
                52,719
                59,593
      -11.5%
      Jetta Sedan
                10,212
                 11,021
      -7.3%
              108,023
              114,365
      -5.5%
      Jetta SportWagen       
      (now Golf SportWagen)
                        -  
                          1
      n/a
                         5
                  2,671
      -99.8%
      Total Jetta
                   10,212
      11,022
      -7.3%
      108,028
                117,036
      -7.7%
      Beetle Coupe
                     915
                      571
      60.2%
                  8,738
                12,067
      -27.6%
      Beetle Convertible
                     488
                      440
      10.9%
                  5,333
                  9,289
      -42.6%
      Total Beetle
                     1,403
                      1,011
      38.8%
      14,071
                  21,356
      -34.1%
      Eos*
                        -  
                      201
      n/a
                     387
                  2,751
      -85.9%
      Passat
                  6,441
                   2,759
      133.5%
                65,761
                74,611
      -11.9%
      CC
                     268
                      475
      -43.6%
                  2,863
                  5,643
      -49.3%
      Tiguan
                  4,516
                   3,907
      15.6%
                38,063
                30,943
      23.0%
      Touareg
                     348
                      397
      -12.3%
                  3,827
                  6,551
      -41.6%
      TOTAL
                     29,672
                      23,882
      24.24%
                  285,719
                  318,484
      -10.29%
      *Eos production ended in July 2015
  • Recent Status Updates

    • Drew Dowdell

      It might not be VW's scandal that kills diesel, it might be Mazda. What if you could get diesel like fuel economy from a gasoline engine and none of the diesel emissions issues? Mazda just might have the solution. HCCI is a type of gas engine that can run in certain situations with the spark plugs off, making for very efficient operation.
      · 0 replies
    • regfootball

      THERE IS BIG INCENTIVES ON CHEVY CRUZE RIGHT NOW
      · 0 replies
    • FordCosworth

      Who thinks lending more money to a country that will NEVER be able to repay its existing loans is solid idea? Oh , right the EU of course ...
      · 0 replies
  • Who's Online (See full list)