Dealers Brace For The Next Pandemic-Related Supply Issue: Fewer Lease Returns
Carscoops
JULY 1, 2024
In 2021, new-car leasing rates fell from one in three to one in six, reducing the number of buyers as leases end. Certified pre-owned cars will also see a reduction in supply as fewer lessees turn in vehicles to dealers. Automakers and their financial partners face a challenging future as the off-lease vehicle pool shrinks.
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