Car Lease Deals Analyzed in the Age of Coronavirus by Entities Such as J.D. Power

According to car leasing and auto financing website and mobile app giant Rodo.com, new-car leasing – once reserved for business and luxury car shoppers – now spans the market, from subcompact economy vehicles and pickup trucks to opulent luxury SUVs.

(PRUnderground) August 26th, 2020

Based on research culled by industry analysts at J.D. Power, leasing accounts for approximately 30-percent of cars leaving dealer lots, though it’s a bit lower right now due to the ongoing coronavirus pandemic. And while buying a new car is often an expensive proposition, there is a way to reduce monthly car payments and experience low finance rates while still being able get behind the wheel of a vehicle boasting the latest safety, performance and cabin technology, according to representatives of Rodo.com, an car leasing and auto financing authority based in New York.

“Once reserved for business and luxury car shoppers, new-car leasing and financing now spans the market – from subcompact economy vehicles and pickup trucks to opulent luxury SUVs,” explains a Rodo.com company spokesperson. “Leasing or buying a car becomes even more affordable when shoppers are able to take advantage of a manufacturer-subsidized  deals; when car buying options aren’t moving at the pace automakers and their dealers want them to, or there’s a redesigned model on the way, vehicles are frequently offered with a lease incentive. By lowering the cost to the customer, lease deals increase the sales tempo.

“Indeed, while leasing or buying a vehicle isn’t the best solution for everyone, Rodo can be an attractive and relatively affordable pathway to a new ride for the right shopper.”

According to representatives of both J.D. Power and Rodo.com, lease returns simply stopped during the COVID-19 pandemic, with automakers offering extensions and payment deferrals. After a few up and down months for lease deals, the lease market, based on research, is beginning to return to normal, with offers available on a wide variety of models.

Further, a handful of automakers are offering zero-down lease deals on models such as the 2020 Chevrolet Equinox and 2020 Honda Civic.

Rodo.com continues to offer the premier car leasing experience for those seeking a different approach to vehicle leasing and ownership.

About Rodo

Rodo is making it easier than ever for shoppers to lease or buy a new car online, get the absolute lowest price and enjoy the convenience and peace of mind in having your car delivered right to your doorstep with contact-free delivery!

Press Contact
Name: Press Department
Phone: 877-322-RODO
Email: Contact Us
Website: https://www.rodo.com/

Original Press Release.

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