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Saturday 27 May 2017
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College Graduate Automotive Trends

College Graduate Automotive Trends

It’s that time of year again, college graduation.

Many upcoming graduates will be getting new jobs, homes and even cars while transitioning from student life to the real world. (Read my car buying tips for college grads here.)

Here are the top car college grads are getting rid of and the top cars they are getting after they graduate, according to transfer trends on Swapalease.com.

 Top 5 Cars students are getting out of as they graduate:

  1. Toyota Camry
  2. Ford Fusion
  3. Nissan LEAF
  4. Toyota Prius
  5. Ford Edge

Top 5 Cars recent Graduates are getting into after they graduate:

  1. BMW 4 Series
  2. Dodge Charger
  3. Audi A5
  4. Ford F-150
  5. Lexus IS 250

Other notable transfer trends:

College with the Most Domestic Cars

  • 89% University of Michigan
  • 75% Rutgers
  • 66% Northwestern

Colleges with the fewest domestic cars

  • 0% LSU & NC State
  • 1% Harvard & University of Washington
  • 8% UCLA

Colleges with the most foreign cars

  • 100% NC State & LSU
  • 99% Harvard & University of Washington
  • 92% UCLA

Colleges with the fewest foreign cars

  • 11% University of Michigan
  • 25% Rutgers
  • 34% Northwestern

Colleges with the highest average monthly payment

  • $1,081 LSU
  • $938 Alabama
  • $648 Rutgers

Colleges with the smallest average monthly payment

  1. $317 Ohio State
  2. $414 NC State
  3. $453 UCLA

Specific college stats:

Los Angeles, CA (UCLA)

  • BMW is the most popular car brand
  • The 73% of cars leases being exchanged are foreign vehicles
  • The average monthly payment for vehicles in the Los Angeles area is $453

Ann Arbor, MI (University of Michigan)

  • Most leases from Ann Arbor are being traded to Florida
  • Dodge Charger is the most popular car
  • The average monthly payment for vehicles from Ann Arbor is $467

Austin, TX (University of Texas at Austin)

  • Most lease transfers from Austin go to Dallas
  • The most popular vehicle is the BMW 4 Series
  • The average monthly payment for vehicles from Austin is $576

Raleigh-Durham (North Carolina State University)

  • Most lease transfers from the Raleigh-Durham area are transferred to Florida
  • The BMW 4 series is the most popular vehicle from the Raleigh-Durham area
  • The average monthly payment for vehicles from the Raleigh-Durham area is $414

Columbus, OH (Ohio State University)

  • Most lease transfers stay within Ohio.
  • Toyota is the most popular car brand within Columbus.
  • The average monthly payment for vehicles from Columbus is $317

Phoenix, AZ (Arizona State University)

  • The most popular vehicle in Phoenix is the Chevy Camaro.
  • The average monthly payment for vehicles in Phoenix is $518

Miami, FL (University of Miami)

  • Most lease transfers from Miami go to New York.
  • 90% of the vehicles listed in Miami on Swapalease.com are foreign-made cars
  • The Mercedes-Benz C-Class is the most popular car
  • The average monthly payment for a vehicle in Miami is $606


Photo Credit: sippakorn/Shutterstock.com