Skip to content
Home » Strong Ideas » Uncategorized » Leasing Penetration at the Highest Level in 24 Months According to 3rd Quarter Numbers

Leasing Penetration at the Highest Level in 24 Months According to 3rd Quarter Numbers

According to the most recent ALG data, leasing penetration rose to almost 20% in the 3rd quarter of 2010.  Main factors that contributed to this is the fact that domestic manufacturers have re-entered the leasing business in their post-bankruptcy era, meanwhile Honda and Toyota have sharpened their focus on leasing as well in 2010.

The luxury brands who survive off high lease penetration only saw about a 5% increase according to ALG raising their number to approximately 40%, but the real growth has come from outside the luxury brands.

John Paul Strong

John Paul Strong combines his two decades of automotive marketing experience with a team of more than 150 professionals as owner and CEO of Strong Automotive.

Stay in the fast lane

Get industry updates delivered
to your inbox

This field is for validation purposes and should be left unchanged.

Explore

Archive