Car Leasing Market Size, Share, Trends and Report - 2034

  Car Leasing Market Outlook According to the report by Expert Market Research (EMR), the global car leasing market attained a value of USD 532.81 billion in 2024. Aided by the rising preference for flexible vehicle ownership models, increasing urbanisation, and advancements in automotive and financial technologies, the market is projected to grow at a CAGR of 6.20% between 2025 and 2034 to reach a value of USD 972.34 billion by 2034. Car leasing is a vehicle financing arrangement in which a customer rents a car for a specific period, typically between two to five years, by paying regular instalments. Unlike traditional car ownership, leasing provides individuals and businesses the benefit of using a vehicle without incurring the high upfront costs of purchasing it. The increasing focus on cost efficiency, vehicle upgrades, and mobility-as-a-service (MaaS) solutions is driving the global car leasing market growth . Car Leasing Market Size and Share The global car leasing market has...