India Light Vehicle Leasing Market Report 2021 – The Company Car Market, Which was Impacted by the Economic Slowdown and the COVID-19 Pandemic in 2019, Recovered Marginally in 2020

DUBLIN, Oct. 28, 2021 /PRNewswire/ — The “Indian Light Vehicle Leasing Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This study sheds light on market size across the passenger vehicle (PV) and the light commercial vehicle (LCV) segments and provides sales/parc data for the total market as well as the fleet and the company Car (true fleet) segments. It discusses the company Car segment in detail and focuses on the development and the growth potential of the financial Leasing, operational Leasing, and outright purchase segments. The analysis takes into account historical data, current market conditions, and insights and opinions…

USD 123.87 Billion Industry, Car Leasing Market Size, Share, Analysis Report [2021-2028]

Pune, India, Oct. 27, 2021 (GLOBE NEWSWIRE) — The global “car leasing market” size is expected to experience considerable growth by reaching USD 123.87 billion by 2028 while exhibiting a CAGR of 7.8% between 2021 and 2028. Fortune Business Insights in its report, titled “Car Leasing Market, 2021-2028.”, observes that the market stood at USD 69.27 billion in 2020. The high demand for electric vehicles worldwide is expected to boost the adoption of the product in the backdrop of rising concerns over fuel emissions. The global pandemic, COVID-19, has resulted in several economies facing unprecedented loss. Owing to the lockdown…

Car Lease Insurance: Costs, Plans, And How To Buy (2021)

Advertiser Disclosure Whenever you lease a vehicle, there are minimum Car lease Insurance requirements you must satisfy before hitting the road. Luckily, the best auto insurance companies make it easy to meet the basic standards needed for Car lease Insurance. After thoroughly reviewing industry leaders, we’ve determined the top Car lease Insurance providers across the country. We’ll explain minimum Car Insurance coverage requirements, average costs, and the process to set up Car lease Insurance.   In this article: Do I Need Car Lease Insurance? When you lease a vehicle instead of Buying one, you’re still required to carry the state-mandated minimum…

Leased cars a hot commodity as pandemic pushes car prices up

CASTRO VALLEY, Calif. (KGO) — The Department of Labor’s Consumer Price Index shows used Car prices dropped last month, but Kelly Blue Book disagrees, taking a longer view. It says used cars cost about 25% more than they did a year ago. 35% more than before the pandemic began. Why? COVID has had a domino effect on Car prices. Because of Auto parts shortages, there are fewer new cars to buy, making them cost more. That has driven up the cost of used cars. And this is now reflected in the residual value of lease cars. More than a quarter…

Do I Need GAP Insurance on a Car Lease?

While GAP Insurance isn’t always a requirement on a leased vehicle, it can be a good idea to have the most coverage possible. GAP, or guaranteed asset protection, is a form of Insurance that covers the amount of your early termination if the vehicle is lost or stolen. You may be required to have GAP if you lease. Is GAP Insurance Worth It? GAP Insurance is typically low-cost, so it’s often worth it to get it when you lease or finance a Car. However, its cost and function can vary by lease or Loan. The extra peace of mind that…

Chrysler accused of charging phantom sales tax on car leases

Chrysler Capital Corp. is wrapping a “phantom” sales tax into Car leases, according to one of its customers, when leases are extended to avoid higher prices in a tight market. David Lobel of Rye Brook accused Chrysler and Santander Consumer USA, the Auto maker’s preferred provider of Car loans and leases, of deceptive business practices and unjust enrichment in a complaint filed Sept. 28 in Westchester Supreme Court. The companies are “wrongfully, illegally or mistakenly receiving funds,” the complaint states, “to which defendants are not entitled.” Chrysler and Santander did not respond to an email asking for their side of…