Lease leaders
In the 2nd quarter, 8 of the top 10 auto lessors were captive finance companies. Ally and Chase Auto Finance are banks with manufacturer relationships.
Share of Lease market | |
Honda Finance | 13.7% |
Toyota Financial | 13.7% |
Ford Credit | 11.0% |
Ally | 10.8% |
Nissan-Infiniti Financial | 9.6% |
Hyundai Capital | 8.7% |
VW Credit | 7.1% |
BMW Group Financial | 5.5% |
Mercedes-Benz Financial | 4.6% |
Chase Auto Finance | 3.7% |
Total | 88.4% |
Source: Experian Automotive | |
The captive finance companies have a lock on leasing.