Over the last two years, the auto financing market has softened as lease returns and buyouts with no follow-up auto credit activity are on the rise. This has significantly impacted lending volumes, and even more severely, leasing — with penetration down by almost half.
To understand the current state of leasing, including its key drivers and implications for auto dealers and lenders, TransUnion studied post-termination behaviors of consumers who terminated a lease in 2022. Download our market brief to discover:
- How leasing has changed in the past two years
- What consumers who were in a lease did next, and the credit characteristics of those transactions
- Consumer loyalty to car brands, manufacturers and segments
- How dealers, manufacturers and lenders can identify consumers more likely to lease
