Experian’s Top 10 States for Vehicle Leasing

For Q1 of 2021 Experian has identified the states with the highest share of new-vehicle leasing in its State of the Automotive Finance Market report.

The top 10 states for vehicle leasing are:

  1. Delaware: 71.0% of new-vehicle financing is leasing
  2. New York: 66.4%
  3. New Jersey: 64.9%
  4. Michigan: 59.2%
  5. Connecticut: 52.5%
  6. Ohio: 42.6%
  7. Florida: 36.9%
  8. Maine: 36.2%
  9. California: 34.7%
  10. Minnesota: 34.4%

CULA is proud to offer leasing in seven of these states: New York, New Jersey, Michigan, Ohio, Florida, California, and Minnesota.

The report also provides the top 10 vehicles leased for that quarter. View the article in AutoRemarketing here: https://www.autoremarketing.com/financial-services/top-10-vehicles-states-leasing-q1. Contact your CULA representative if you need help accessing the article.

You can download the complete Experian report here: https://www.experian.com/automotive/auto-credit-webinar-form