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Home » Big Wheels: Lessors expect stronger lease demand in H1 2024

Big Wheels: Lessors expect stronger lease demand in H1 2024

Lease demand has been building for past 6 months

Joey PizzolatobyJoey Pizzolato
September 18, 2024
in Big Wheels
Reading Time: 4 mins read
0
Vehicles for sale at a Ford dealership in Richmond, California, US, on Tuesday, Feb. 21, 2023. The average price for a new vehicle in the US has jumped to almost $50,000, up 30% since 2019, according to JPMorgan.

(Photo/Bloomberg)

Auto lessors are expecting an increase in consumer demand in the next six months as new-vehicle inventory continues to build and manufacturers revitalize incentives. Lessors are very optimistic about demand for auto leases in the next six months, with 73% of respondents anticipating somewhat stronger demand and 13% expecting much stronger demand, according to the […]

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