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Vehicle Leases Reach Record High in First Half of 2016 | Edmunds.com

Edmunds.comEdmunds.com Posts: 10,059
edited August 2016 in General
imageVehicle Leases Reach Record High in First Half of 2016 | Edmunds.com

More new vehicles were leased in the first half of 2016 than during the first half of any other year in history, according to Edmunds.com.

Read the full story here


Comments

  • thepuffthepuff Posts: 87
    edited August 2016
    I think the article left out the biggest reason for leasing is that most vehicle's prices (at least with basic desirable options) are over most people's ability to purchase outright--$45-60K for a Ford F150!!!! Add to the fact that you typically owe sales tax (in my area that is 8.9%) at registration and it's hard to afford two lump sum payments to purchase a car vs. leasing which require a smaller down, sales tax added monthly, and lower payments overall.
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