Car leasing is once again gaining favor among dealerships and consumers. Leasing accounted for nearly 40 percent of new-vehicle transactions six years ago, but faded to half that level in the past few years in the face of attractive cash rebates and financing offers on car sales.
Rising interest rates are propelling a rebound in leasing, as are dealers, who are looking for cars to include in popular and profitable “certified used vehicle” programs.
Read more about car leasing in Your Money Sunday.
sponsored According to two 2015 surveys, 62 percent of Americans do not have enough savings to handle an unexpected emergency, much less any long-term plans.