Why Americans are leasing fewer cars
DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.S.
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DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.S. new-vehicle market, according to research firm JD Power. That percentage fell to 17% during post-pandemic car shortages, and leasing has still not fully recovered: In the first half of 2026, leases accounted for 23% of new car deals.
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Why it matters
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- What's the story?
- DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.S.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 6m ago.
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Why Americans are leasing fewer cars
Sources1TypeCoverageInvesting.com · Economy