Weekly Wrap discussion on sales, pricing
Dec 11, 2023•6 min•Ep. 209
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Episode description
Incentives and lower monthly payments are helping drive leasing as vehicle sales improved in November.
More than 27% of prime and superprime consumers chose to lease their vehicles in Q3, up from about 21% a year earlier, driven by lower payments compared to financed purchases, according to Experian. Deals are also helping prompt leasing, with several OEMs offering low-rate and cash incentives on leases.
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