This report forecasts to 2029 US personal consumption expenditures (PCE) on motor vehicle leasing in nominal and real (inflation-adjusted) US dollars. Total PCE is segmented by vehicle type in terms of: automobiles; and crossover utility vehicles (CUVs), sport utility vehicles (SUVs), and trucks.
To illustrate historical trends, total PCE and the various segments are provided in annual series from 2019 to 2024.
For the purpose of this report, trucks include light vehicles such as CUVs, pickup trucks, SUVs, and vans. Motorcycles are excluded from the scope of this report, as are medium- and heavy-duty trucks, and RVs (recreational vehicles).
PCE data include spending by nonprofit institutions serving households (e.g., the value of education services provided by nonprofit colleges or medical care provided by nonprofit hospitals). Consequently, the spending by such parties on motor vehicle leases is included.
Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
Related NAICS Codes:
- 336111 Automobile Manufacturing
- 336112 Light Truck and Utility Vehicle Manufacturing
- 441110 New Car Dealers
- 441120 Used Car Dealers
- 522110 Commercial Banking
- 522120 Savings Institutions
- 522130 Credit Unions
- 522220 Sales Financing
- 532112 Passenger Car Leasing
- 532120 Truck, Utility Trailer, and RV Rental and Leasing
- HIGHLIGHTS
- MARKET ENVIRONMENT
- Historical Trends
- Key Economic Indicators
- Interest Rate Trends
- Environmental & Regulatory Factors
- VEHICLE TYPE SEGMENTATION & FORECASTS
- Automobiles
- CUVs, SUVs, & Light Trucks
- INDUSTRY STRUCTURE
- Industry Characteristics
- Market Leaders
- ABOUT THIS REPORT
- Scope
- Sources
- Industry Codes
- Freedonia Methodology
- Resources
- LIST OF TABLES & FIGURES
- Figure 1 | Key Trends in US Motor Vehicle Leasing Personal Consumption Expenditures, 2024 – 2029
- Figure 2 | US Motor Vehicle Leasing Nominal Personal Consumption Expenditures Trends, 2019 – 2024
- Figure 3 | US Motor Vehicle Leasing Real Personal Consumption Expenditures Trends, 2019 – 2024
- Table 1 | Key Indicators for US Motor Vehicle Leasing PCE; 2019, 2024, 2029 (US$ bil)
- Figure 4 | US Interest Rate Trends, 2019 – 2024 (%)
- Table 2 | US Interest Rate Trends, 2019 – 2024 (%)
- Figure 5 | US Motor Vehicle Leasing Personal Consumption Expenditures by Vehicle Type, 2019 – 2029 (US$ bil)
- Table 3 | US Motor Vehicle Leasing PCE by Vehicle Type, 2019 – 2024 (US$ bil & 2017US$ bil)
- Table 4 | US Motor Vehicle Leasing PCE by Vehicle Type, 2024 – 2029 (US$ bil & 2017US$ bil)
- Figure 6 | US Survey: Bought or Leased Most Recent Vehicle by Age of Household Head (% of Households)
- Figure 7 | US Motor Vehicle Leasing Personal Consumption Expenditures by Vehicle Type, 2019 – 2029 (%)
- Figure 8 | US Light Motor Vehicle Leasing Firms, Establishments, & Employment, 2017 – 2022
- Table 5 | US Light Motor Vehicle Leasing Firms, Establishments, & Employment, 2017 – 2022
- Table 6 | Leading Participants in the US Light Motor Vehicle Leasing Industry by Type
- Table 7 | NAICS & SIC Codes Related to Motor Vehicle Lease
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook