J.D. Power said average monthly lease payments rose to $650 (up 15% from 2022) while average finance payments hit $804 (up 18%), and with dealer inventories at 2.2 million in March—more than double a year earlier—J.D. Power projects nearly a half‑million more leased cars will be turned in this year than in 2025, a shift that should force automakers to sweeten lease deals throughout 2026.
Thomas King, president of OEM solutions for J.D. Power, said, "This is an opportunity to convert returning lessees into new sales," and the article highlighted current national incentives while urging consumers to consult a leasing guide covering fees, money factors, residuals and regional eligibility.
The piece called out April promotions including an Acura lease offer that costs about $2,400 more than a Honda Civic Hatchback Sport over three years for buyers with a 2011-or-newer competitive-brand trade, and Cadillac incentives giving XT4 and XT6 owners a $2,000 bonus toward leasing the electric Optiq Luxury rear‑wheel‑drive model, which the article described as Cadillac's new entry‑level crossover with an estimated 317-mile range.
This report is based on information originally published by Car and Driver.
Read the full article at Car and Driver.
More automotive news: Latest car news