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 Deflation Is Coming To The Auto Industry As Used Car Prices Drop, Off-Lease Deluge Looms

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Deflation Is Coming To The Auto Industry As Used Car Prices Drop, Off-Lease Deluge Looms Vide
PostSubject: Deflation Is Coming To The Auto Industry As Used Car Prices Drop, Off-Lease Deluge Looms   Deflation Is Coming To The Auto Industry As Used Car Prices Drop, Off-Lease Deluge Looms Icon_minitimeTue Mar 08, 2016 9:17 pm
Last week, we learned that vehicle leasing as a percentage of monthly light-vehicle sales hit a record in February at 32.3%.

In other words, a third of the over 1 million cars and light trucks “sold” during the month were leases, according to J.D. Power.

This is indicative of what is now a long-term trend. Have a look at the following chart from WSJ, which shows that since 2009, the share of monthly auto leases as a percentage of vehicle sales well more than tripled:

Deflation Is Coming To The Auto Industry As Used Car Prices Drop, Off-Lease Deluge Looms Leases

http://www.zerohedge.com/news/2016-03-08/deflation-coming-auto-industry-used-car-prices-drop-lease-deluge-looms
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Deflation Is Coming To The Auto Industry As Used Car Prices Drop, Off-Lease Deluge Looms

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