Auto Leasing Soars As Car Deals Pay For Themselves

By | October 2, 2014

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Surging U.S. auto sales reveal a stronger-than-ever trend toward leasing, in part because some deals arguably now can, in a way, work out to “free.” “Leasing is at the highest level we’ve ever seen,” analyst Jeremy Acevedo of auto site Edmunds.com told IBD. Accounting for 26% of U.S. auto sales this year, leasing is up from 16% of sales a decade ago. (Leases count as sales to automakers and dealers.) Through September, U.S. car sales came in lower Scalper1 News

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