Popularity Explosion - Leasing has grown more than tenfold in less than a decade. It accounts for more then 36% of the over 15 million vehicles sold in the United States each year. Why the dramatic upsurge in leasing?

The main causes are declining disposable savings amounts in America and changes to the tax laws. In 1987, more than 70% of disposable savings was available for the purchase of consumer goods. By 1993, that figure had declined to less than 40%. The percentage continues its downward slide. Additionally, the many tax deductions that favored purchasing over leasing were eliminated. Since those tax laws were changed, leasing has enjoyed a steady 2% to 3% increase per year for about the last ten years.

The bottom line: leasing is an inexpensive way to finance a car.
 

• Less money down
• Leases structured for tax benefits
• Lower monthly payments
• All types of credit can qualify
• Any vehicle, new or used
• Negative equity recovery leases