TRENDS: Good news on vehicle leases

by | Apr 29, 2011 | Body Shop News

Because leased vehicles tend to be insured and repaired, a recent uptick in vehicle leasing is good news for collision repairers. Only about 13 percent of new vehicle transactions in 2009 were leased; last year that rebounded to 19 percent. In February and March of this year, it had climbed to between 21 percent and 25 percent, the highest percentages since prior to 2005.