The big leap in car leasing

Posted Jan 3, 2022, 7:26 amUpdated Jan 3, 2022, 7:27 am

“A brand new car for 99 euros per month, maintenance included!” To finance their car purchases, more and more customers are opting for leasing formulas, whether it is leasing with option to purchase (LOA) or long-term leasing (LLD).

If this type of financing has long been known by companies, which now use it up to 82% for their fleets, it is more recent for individuals, who have long preferred to resort to conventional loans. According to figures from C-Ways, leasing represented 47.2% of financing by individuals for their purchases of new cars in 2021. A figure that has literally exploded in recent years: from 11% in 2012, it climbed to 21% in 2015, then to 35% in 2018 and 42% in 2020.

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