car leasing

The availability of car leases practically disappeared during the recession.

But says customer credit is recovering - and so is car leasing. 

John Sternal is Vice President of Marketing Communications for  He says more than 20 percent of new vehicles are now leased, including many small cars.

He says car leasing is more popular than ever before, because of a shifting attitude toward car ownership.

"Gone are the days when the majority of people will buy a car and hold onto it for fifteen years," says Sternal.