America's Love for Luxury SUVs Is Screwing With Off-lease Sedan Sales

North America’s love affair with SUVs and crossovers arose so suddenly and with such passion that manufacturers were left scrambling to meet demand. Luxury brands certainly aren’t exempt from this but, unlike mainstream marquis, the sudden shift in product demand has thrown those marques a bit of a curveball.

Since prestige brands tend to possess substantially higher leasing rates than their more-affordable contemporaries, luxury automakers are getting stuck with off-lease sedans that nobody seems to want. While that’s terrible news for corporate accountants, it’s good news for anyone looking for a good deal on a used Lexus ES or Audi A4.

Read more
  • Bd2 Nissan is at the bottom of the market while Hyundai and Kia are almost at the zenith summit.
  • Theflyersfan Then what caused that odd melted crayon smell that new VWs had for ages? Was that the smell of the soft touch plastics beginning their slow but endless march back into their base elements?And you know what gets rid of any new car smell body killing emissions? Top down, drive fast. Cures everything.
  • IBx1 I had the displeasure of driving a CTS5 while my 1st gen CTS-V was in the shop for a brake line recall, and that was an absolute pile of garbage. Hyper sensitive brakes, stiff crashy suspension, a horrible sounding 4-cylinder, and this is what people fawn over?
  • Jkross22 The CX9 we leased and will be returning soon smelled like a dentist's office for the first 2 years. Big Dental must have paid dearly for that.
  • Tassos BP investing in enhancing people’s right to free travel sounds like a good thing. I wonder how the regressive cognitive decline crowd will interpret it though.