Leasing as Percentage of New Vehicles Sales

Automotive News - April 21, 2014

Article Summary
  • Leas­ing has gone from 17% of US new vehi­cle sales to 26% in 2013 – and is head­ed for 28% this year
  • Last year it was fueled by record-low inter­est rates, easy cred­it, and ris­ing resid­ual val­ues – not to men­tion aggres­sive mar­ket­ing by OEMs and their deal­er net­works
  • Off-lease vehi­cles are increas­ing this year in vol­ume – will be inter­est­ing to see where that goes in next three years and beyond
Significance of the Data
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