Though the auto market is experiencing a return to leasing, volumes are still down compared to pre-pandemic, and expected lease terminations are likely to decline as impacts of the inventory crisis of 2021 start to hit lease returns.
To better understand the evolving leasing market — including key drivers and current impacts on the full automotive retail ecosystem — TransUnion conducted a study analyzing post-termination consumer behaviors, make and manufacturer loyalty, and more. Download our market brief to discover:
- How electric vehicles are impacting the leasing market
- What consumers whose leases ended did next, and the credit characteristics of those transactions
- The next steps and credit characteristics of consumers whose leases ended in 2023
- How dealers, manufacturers and lenders can identify consumers more likely to lease