2 second-quarter leasing data lists compiled by Experian
Likely curtailed by the lack of inventory and escalating prices, Experian reported this week that leasing decreased to 19.65% of new vehicles delivered during the second quarter, down from 27.82% in Q2 of last year.
Despite the overall softening, Experian’s State of the Automotive Finance Market Report: Q2 2022 still contained more intriguing data about the leasing segment, including the top 20 brands with the most leasing market share and the top 10 new vehicles leased during the second quarter.
When it comes to brands, the leading leasing market holders include:
1. Honda: 10.12%
2. Toyota: 9.04%
3. Chevrolet: 8.80%
4. Jeep: 7.98%
5. Ford: 7.92%
6. Nissan: 5.65%
7. Kia : 4.95%
8. Hyundai : 4.88%
9. BMW: 4.39%
10. Subaru : 4.03%
11. Mazda: 3.60%
12. Mercedes-Benz : 3.34%
13. Volkswagen: 2.82%
14. GMC : 2.79%
15. Lexus : 2.68%
16. Audi : 1.93%
17. Ram : 1.91%
18. Cadillac : 1.76%
19. Acura : 1.64%
20. Tesla: 1.59%
And Experian also pinpointed the top 10 new models leased in Q2, which included:
1. Ford F-150: 2.30%
2. Chevrolet Equinox: 2.27%
3. Honda CR-V : 2.16%
4. Honda Civic: 2.09%
5. Chevrolet Silverado 1500: 1.81%
6. Toyota RAV4: 1.77%
7. Jeep Wrangler Unlimited: 1.72%
8. Ford Explorer: 1.61%
9. Honda HR-V: 1.60%
10. Mazda CX-5: 1.59%