To Lease or to Buy, That is the Question!

Real Estate

32% OF AMERICANS LEASE THEIR CAR

1. FIAT (78% Leased)

2. BMW (70% Leased)

3. Land Rover (68% Leased)

4. Mercedes-Benz (67% Leased)

5. Audi (64% Leased)


5.  Chevrolet (63% Purchased)

4. Honda  (65% Purchased)

3. Toyota (68% Purchased)

2. Hyundai (73% Purchased)

1. Subaru (75% Purchased)


https://www.cartelligent.com/blog/which-car-brands-do-people-lease-or-buy

 

A record 7 million Americans are 90 days or more behind on their car loans. While more than 5.8 million were delinquent during the Great Recession, as a percentage of auto loans outstanding, today's rate is 4.5% vs 5.3% at the 2010 peak. While this is a growing problem, auto loans total $1 trillion, much smaller than the $9 trillion home mortgage market where delinquencies are at an 18-year low.  

Elliot F. Eisenberg, Ph.D.

GraphsandLaughs, LLC

elliot@graphsandlaughs.net

Cell: 202.306.2731

www.econ70.com