US Mobility Insights - June 2023
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Why Leasing Matters
Lease penetration in decline
In the years before the pandemic, leasing accounted for 25-30% of all retail transactions, and were as high as 53% in the luxury market. But in the most recent 12 months, lease penetration is down over 10 points to only 17% (Fig 1).
The June 2023 US Mobility Insights from S&P Global Mobility focuses on lease penetration on the luxury and mainstream vehicles, EV´s, geographic variance in leasing and how to understand lease buyout behavior.
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