People are discovering the car lease all over again.
That’s a great thing, because it means more new cars are moving off dealer lots, more people are driving nice cars at reduced rates, and the used market benefits from high-quality lease returns. There really aren’t any losers in the car lease world, except the people who lease when they shouldn’t.
The one drawback to leasing? Lease customers never do pay off their cars, meaning they always have a car payment and own nothing at the end of a lease.
For a lot of people, though, that makes sense.