Jump to content
Forums Gone... but not forgotten!
Pontiac of the Month

Damon Lewis' 1977 Can Am

2021 July
of the Month

  • Welcome!

    Welcome to Forever Pontiac, where we keep the memory of Pontiac alive with great discussion, maintenance tips, restoration/modification progression "blogs" and help from professional & DIY mechanics. Also, wonderful competitions that occur regularly. Please register for an absolutely free account to join in!

Car and Driver: The Most Commonly Leased Car Brands in America (and the Most Commonly Purchased)


FeedBot
 Share

Recommended Posts

The Lease They Could Do

-
From the March 2016 issue
-

What do drivers of Smart Fortwos and Maseratis have in common? It’s not their propensity to park illegally, but a shared distaste for car ownership. Three-quarters of them lease, the easiest way to slide into any new car with the least commitment and typically less upfront cash. With help from analytics firm IHS Automotive, we gathered lease rates for 41 brands to see whose customers actually buy and whose merely lease. While only one-quarter of all new retail transactions are leases, luxury brands make the bulk of their profits from them. Turn in the old car, throw down a few grand, and poof!—there’s a new Mercedes E350 wearing your old license plate.

-

Since the 2008 recession, automaker-owned banks have freed up more credit, which only makes leasing more attractive. The main growth areas? Leases of non-luxury compacts and crossovers, plus full-size pickups, are proof that leasing is “expanding out of the traditional segments,” says IHS analyst Tom Libby. And many off-lease cars are remarketed as certified pre-owned; leasing one perpetuates a cycle that keeps profits humming and monthly checks outflowing. Here, we chart the percentage of each brand’s new-car customers who lease:

-

The Lease They Could Do

-

The most commonly leased cars are small luxury sedans. Leases soaked up 60 percent of these models. More than half of all luxury sedans of any size are leased.

-

STATE OF AFFAIRS

-

New Englanders love their leases, as five of the chowder-chugging states rank in the top 10. Texans don’t trust them so much. Despite being the No. 2 retail auto market (behind California), Texans lease just 11 percent of their new cars. Arkansas comes in last with just 2 percent.

-

The-Lease-They-Could-Do-bullet.jpg Top 10 are marked in dark yellow.

-

The Lease They Could Do

-
--
-kqLds1Oe8ww

Read Full Article

Link to comment
Share on other sites

Tired of these Ads? Register Today!

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

Tired of these Ads? Purchase Enhanced Membership today to remove them!
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.