What percentage of new cars are leased?

In the United States, approximately 30% of new cars are leased. Leasing a car involves renting it from a dealership or leasing company for a set period, usually 2-4 years. During the lease term, the lessee makes monthly payments and is responsible for maintenance and insurance costs. At the end of the lease, the lessee can return the car, purchase it, or extend the lease. Leasing can be an affordable way to get a new car, but it's important to understand the terms and conditions before signing a lease agreement.