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New-vehicle lease share passes 25%

EV lease penetration doubled year over year 

More consumers opted for leasing in the second quarter, driven in part by elevated levels of new-vehicle inventory, rising manufacturer incentives and a continued increase in EV leasing.  Leases made up 25.3% of new vehicle purchases in the second quarter, up from 24.1% in Q1and 21.1% in Q2 2023, according to Experian’s Q2 State of […]

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