Half of Luxury Car Deals Are Leases According to Experian Automotive, lease share is extraordinarily high for many luxury brands:more than 60%for BMW and Mercedes-Benz, and around 60% or just under, for Acura, Audi, Cadillac and Lexus. That鈥檚 more than twice as high as the industry average, including mass-market brands.
People also ask
Do luxury cars make good leases?
Luxury cars make good leases. Luxury automobile brands make the best lease values, dollar for dollar, than other brands 鈥?due to high lease-end residual values relative to MSRP.
What are the most commonly leased cars?
The most commonly leased cars are small luxury sedans. Leases soaked up 60 percent of these models. More than half of all luxury sedans of any size are leased. New Englanders love their leases, as five of the chowder-chugging states rank in the top 10. Texans don鈥檛 trust them so much.
Why lease luxury cars with a high residual value?
A high residual value creates a low monthly lease payment. In fact, a better lease deal can often be obtained by leasing a high-residual luxury car than by leasing a car with a lower residual value, even though the price of the luxury car may be greater. This is the reason smart automotive consumers like to lease luxury brand vehicles.
What is the market share of luxury cars in the US?
U.S. luxury car market share in 2018, by major brand This graph illustrates the market share of luxury car brands in the United States in 2018, when Mercedes-Benz reached a market share of almost 16 percent. U.S. luxury car market share in 2018, by key marque