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M. 2 M. LEASE VOLUME LEASE PENETRATION BY VEHICLE TYPE. 0%. 5%. 10%.

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1 Lease penetration and volume figures up to were sourced from IHS . Used Vehicle Retained Value | Source: NADA Used Car Guide.

Automotive leasing moves beyond the luxury market

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Automotive leasing moves beyond the luxury market

Description:This industry-wide rise in leasing has been well-publicized, but the trends underneath the top line, some of which are counter-intuitive, have not gotten as much exposure. Recently though, leasing increasingly has been adopted by non-luxury marques. The Fed's bond-buying program, which has suppressed interest rates, coupled with the higher quality and residuals of new vehicles, has helped to make leasing more attractive to the consumer. Subaru, the Asian make which has enjoyed the most sales success in the past few years and the only make with seven consecutive years of year-over-year sales increases , has moved away from leasing. It is probably not coincidental that the Asians have moved into leasing at the same time that they are facing increased competitive pressure from rejuvenated domestic makes and a more aggressive Volkswagen. Hyundai and Kia are also experiencing a lull in product activity until next year.

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Views: 6243 Date: 2018-06-12 Favorited: 50 favorites

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