More leases
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| Fueled by record-low interest rates, easy credit and rising residual values, leases accounted for almost 26% of new-vehicle sales in 2013 and are rising. | ||||
| 2014* | 28% | 2010 | 21% | |
| 2013 | 26% | 2009 | 17% | |
| 2012 | 22% | 2008 | 19% | |
| 2011 | 22% | 2007 | 20% | |
| *First quarter of 2014 Source: Edmunds.com | ||||
None
Off-lease boom
| | Off-lease vehicles |
| 2016 | 3,037,575* |
| 2015 | 2,532,150* |
| 2014 | 2,125,050* |
| 2013 | 1,729,900 |
| 2012 | 1,557,509 |
| 2011 | 2,009,285 |
| 2010 | 2,412,416 |
| 2009 | 2,476,594 |
| 2002 (peak) | 3,423,111 |
| *Estimate Source: Manheim | |
The used-vehicle inventory drought is almost over.
