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(Transportation-News.com, July 04, 2015 ) Leasing refers to financing an asset to meet a client's specific need. Car leasing is a system of using a new or used car by paying for a specified period of time. It is similar to renting a car, but for a longer time period. There are two parties involved in leasing a car: lessee (one who pays) and lessor (the owner of the asset who takes the payment).
Car leasing can be classified into two types: operating lease and financial lease. Operating leases are short-term leases, wherein the lessee pays the lessor the rental for the period during which the vehicle is on lease. Financial leasing refers to the lease arrangement wherein the lessee indicates their choice of asset and the lessor purchases the asset on their behalf. The lessee repays the cost of the vehicle in monthly instalments. Car leasing is usually available from the following sources: captive finance companies, commercial banks, credit unions, and independent leasing companies.
Technavio's analysts forecast the fleet car leasing market in the US to grow at a CAGR of 4.16% over the period 2014-2019.
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The fleet car leasing market in the US is segmented based on the types of lease and end-users.
Technavio's report, Fleet Car Leasing Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Table Of Content:-
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product/Services Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. US: Country Overview
06.1 Economic Indicators
07. Market Landscape
07.1 Market Overview
07.2 Fleet Car Leasing Market in US 2015-2019
07.2.1 Market Size and Forecast
07.3 Five Forces Analysis
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Key Questions Answered in this Report:-
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
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