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Used Car Leasing Surges as New Leases Decline | Lincoln News
Published 3 weeks ago
Description
New car leasing is crashing—down from 40% in 2022 to just 20% in 2024—as automakers ramp up production and ditch aggressive deals. But here’s the twist: used car leasing is exploding, offering savvy buyers a smarter, cheaper way to switch rides every few years. With higher interest rates on new cars and less sweet financing, pre-owned leases are becoming the new hot spot—turning the auto market upside down.
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