Leasing
Leasing drives EV adoption, but consumer skepticism persists
EV leasing has helped drive adoption, but more education is needed to win over skeptical consumers. “We have an EV...
New-vehicle lease share passes 25%
More consumers opted for leasing in the second quarter, driven in part by elevated levels of new-vehicle inventory, rising manufacturer...
EV lease penetration nears half of sales
Leasing volume continues to be a driving force behind EV adoption, buoyed by federal tax credits and lower monthly payments. ...
Stringent incentive requirements challenge Stellantis dealers
Tight incentive requirements are making it difficult for Stellantis dealers to push leases despite Stellantis Financial Services’ portfolio growth in...
Tesla leasing penetration, deliveries decline amid competition
Tesla’s leasing penetration and deliveries dipped in the second quarter as the EV maker faces increased competition from automakers bringing...
Leases help dealers weather challenging market
Since the Federal Reserve started raising interest rates more than a year ago, auto industry challenges have created a difficult...
Leases 64% of Ally Financial EV originations
Ally Financial originated $639 million in battery EV and hybrid leases during the second quarter spurred, in part, by the...
EV monthly lease payments average $354
Incentives have led to strong leasing penetration for EVs, with average monthly payments on leased vehicles below $400 even as...
