U.S. auto sales break record in 2015
Detroit 3, Nissan, Toyota, Honda finish 2015 on strong note as trucks set pace again.
On Monday, Edmunds (Edmunds.com) projected that leases will account for a record 29 percent of all new U.S. retail sales in 2015. That is up 2 percentage points from 27 percent in 2014 and compares with a leasing rate of 16.6 percent just 10 years ago.
The growth in leasing is being spurred by higher vehicle and transaction prices. The average new-vehicle transaction price in 2015 was $33,188, up 2.5 percent from $32,386 in 2014, Edmunds says.
Submitted by Admin on Wed, 01/06/2016 - 13:43