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Car Leasing Market 2020: Research In-Depth Analysis, Market Applications, Key End-Users Forecasts To 2030 June 11, 2021
By Zaraki Kenpachi -
Car Leasing Market: Introduction According to the report, the global car leasing market is projected to surpass US$ 1 Trn by 2030, expanding at a CAGR of ~9% during the forecast period. Changing consumer preference toward newer mobility models, such as leasing, and changing consumer sentiments associated to car ownership are driving the car leasing market. Zero down payment and tax bene몭ts have in몭uenced the preference of consumers toward car leasing from traditional ownership. Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=S&rep_id=42395 Expansion of Car Leasing Market Auto manufacturers are venturing into newer revenue pools such banking services and 몭nance to minimize business risk and evolve with the changing landscape of the auto industry. The decline in car sales has compelled automakers to enter the “Car-asa-Service” business models and is estimated to further boost the car leasing market. Almost all international automakers have a 몭nancial service business division and is involved in car leasing and 몭nancing options. Financial services have gained a signi몭cant share of around 10% to 20% of automakers’ revenue.