US Spending on MV Leases to Rise as Consumers Opt for Larger, Pricier Vehicles

Prevalence of leasing among younger consumers, preference for CUVs, SUVs, and trucks to drive value gains CLEVELAND, April 8, 2022 /PRNewswire/ -- US consumer spending on motor vehicle (MV) leases is forecast to rise 1.3% per year in nominal dollars through 2025, according to Motor...