The U.S. equipment leasing and finance industry originated $919 billion in new volume in a recent year. This analysis examines the latest consumer behavior, economic impact, and market growth statistics.
Key Takeaways
- 65% of U.S. consumers prefer leasing over buying cars
- Leasing contributes $200B to U.S. GDP annually
- Leasing market projected to reach $2.5T by 2030
- The U.S. equipment leasing and finance industry originated $919 billion in new leasing and financing volume in 2022
- Auto leasing represented 28% of U.S. new car sales in 2022
Leasing industry data shows steady demand driven by affordability, helping more customers access vehicles and equipment.
Related reading
01 · Category
Consumer Behavior26 stats
01
65% of U.S. consumers prefer leasing over buying cars
02
42% of millennials choose auto leases
03
Average lease term 36 months for vehicles in 2023
04
55% of lessees return vehicles early due to mileage overage
05
Women represent 48% of auto lease originations
06
70% of EV lessees cite lower upfront costs
07
Average monthly auto lease payment $550in 2023
08
28% of lessees negotiate residuals successfully
09
Gen Z leasing interest up 20% post-pandemic
10
62% prefer no down payment leases
11
Commercial lessees renew 75% of equipment leases
12
40% of SMBs lease to preserve cash flow
13
Average office lease renewal rate 80%
14
35% consumers cite flexibility as top lease reason
15
Lease default rate 2.1% for consumers in 2023
16
50% of luxury buyers lease vs buy
17
Remote work reduced office leasing demand by 15%
18
68% SMBs use leasing for tech upgrades
19
Average EV lease mileage allowance 12,000/year
20
45% lessees buyout at end of term
21
Commercial lease preference for operating leases 60%
22
52% cite tax benefits for equipment leasing
23
Urban consumers lease 2x more than rural
24
70% hospital admins prefer device leasing
25
Lease satisfaction score 820/1000 in 2023 JD Power
26
38% switch brands at lease end
Interpretation
Consumer Behavior Interpretation
America's love affair with leasing, fueled by the siren song of lower payments and flexibility, reveals a financially savvy but often over-optimistic consumer who, despite enthusiastically committing to short terms, frequently panics about mileage limits and, ironically, finds themselves back on the lot negotiating or switching brands every three years.
02 · Category
Economic Impact23 stats
01
Leasing contributes $200B to U.S. GDP annually
02
Supports 1.2 million U.S. jobs in leasing sector
03
$100B in tax revenue from leasing in 2022
04
Leasing enables $1T in business investment yearly
05
Reduces corporate capex by 40% via leasing
06
$50B annual savings for SMBs from leasing
07
Leasing penetration correlates with GDP growth 0.8
08
Inflation impacted lease rates +3.5% in 2023
09
Leasing buffered 20% of supply chain disruptions
10
Contributes 5% to U.S. manufacturing output
11
$30B in green leasing supports sustainability jobs
12
Leasing delinquency rose with unemployment 1.2x
13
$15B export financing via leasing
14
Boosts infrastructure investment by $400B
15
Leasing share in capex 25% for Fortune 1000
16
Mitigates recession impact by 15% on capex
17
$80B in renewable energy deployed via leasing
18
Supports 300K jobs in auto leasing supply chain
19
Leasing ROI for lessors averages 7.5%
20
Contributes to 2% CPI stability via flexible terms
21
$25B in agricultural productivity gains
22
Enhances SME growth by 12% via access
23
Global trade $500B facilitated by asset leasing
Interpretation
Economic Impact Interpretation
Leasing is the unsung financial Swiss Army knife of the American economy, quietly deploying a trillion dollars in business muscle, buffering everything from supply chains to recessions, all while saving companies a fortune and keeping the taxman happily employed.
03 · Category
Forecasts & Trends26 stats
01
Leasing market projected to reach $2.5T by 2030
02
U.S. auto leasing to grow 4% CAGR to 2028
03
Equipment leasing volume +5.2% annually through 2027
04
EV leasing to hit 50% of sales by 2027
05
Global aircraft leasing $300B by 2030
06
Real estate lease rates +2% annually to 2028
07
Sustainability leasing +15% CAGR
08
Digital leasing platforms market $10B by 2026
09
Delinquency rates to stabilize at 1.5% by 2025
10
Truck leasing demand +10% with e-commerce growth
11
Office leasing recovery 2026 post-hybrid work
12
AI-driven lease pricing adoption 40% by 2027
13
Healthcare leasing $40B by 2030
14
Renewables leasing double by 2030
15
Construction equipment leasing +7% to 2028
16
Global rail leasing $50B by 2030
17
SMB leasing penetration 60% by 2027
18
Residual values +5% with better maintenance tech
19
Maritime leasing $70B by 2030
20
Data center leasing +25% CAGR
21
Agricultural leasing $20B by 2028
22
Lease-as-a-Service model 30% market by 2027
23
U.S. volume $1.1T by 2028
24
Blockchain in leasing 10% adoption by 2030
25
Luxury EV leasing boom +20% annually
26
Global leasing IFRS16 impact fades by 2025
Interpretation
Forecasts & Trends Interpretation
The leasing industry is poised for a gilded age of growth, where everything from electric cars and data centers to farm tractors and airplanes is being financed with remarkable stability, proving that while ownership has its charms, the future is increasingly for rent.
More related reading
04 · Category
Market Size & Growth30 stats
01
The U.S. equipment leasing and finance industry originated $919 billion in new leasing and financing volume in 2022
02
Global leasing market size reached $1.8 trillion in 2023
03
U.S. vehicle leasing penetration rate was 31% of new vehicle sales in Q4 2023
04
Equipment leasing accounted for 84% of commercial equipment financing in the U.S. in 2022
05
The global aircraft leasing market was valued at $200 billion in 2023
06
U.S. auto leasing volume grew 12% YoY in 2023
07
Commercial real estate leasing vacancy rate was 17.5% in Q1 2024
08
Global equipment leasing market CAGR projected at 6.5% from 2023-2030
09
U.S. small ticket leasing volume hit $28.9 billion in 2023
10
Lease revenue for Fortune 500 companies reached $150 billion in 2022
11
U.S. auto lease penetration rose to 32.4% in 2023
12
Global real estate leasing market valued at $3.2 trillion in 2023
13
ELFA MLFI index increased 1.2% MoM in January 2024
14
U.S. equipment finance delinquency rate was 1.45% in Q4 2023
15
New vehicle leasing in Europe grew 5% in 2023
16
U.S. vendor finance volume was $192 billion in 2023
17
Global maritime leasing market size $45 billion in 2023
18
Auto lease residuals averaged 56% after 36 months in 2023
19
U.S. healthcare equipment leasing volume $25 billion in 2022
20
Construction equipment leasing up 8% in 2023
21
U.S. IT equipment leasing $18 billion annually
22
Global rail leasing market $30 billion in 2023
23
Office leasing absorption -10M sq ft in 2023 US
24
U.S. renewable energy leasing $15B in 2023
25
Truck leasing volume $50B in North America 2023
26
Global wind turbine leasing market $8B in 2023
27
U.S. retail equipment leasing $12B in 2022
28
Agricultural equipment leasing up 15% in 2023
29
U.S. data center leasing demand +20% YoY 2023
30
Global solar leasing $20B in 2023
Interpretation
Market Size & Growth Interpretation
Amidst soaring trillions globally and niche sectors blooming from trucks to turbines, the leasing industry's robust health is humorously evident: we'd rather pledge monthly payments for nearly everything—from a surgeon's scalpel to a farmer's tractor—than ever truly own the wheels of progress ourselves.
05 · Category
Segment Breakdown24 stats
01
Auto leasing represented 28% of U.S. new car sales in 2022
02
Equipment leasing 35% of total U.S. commercial financing
03
Vehicle leasing 45% of ELFA new volume in 2023
04
Real estate leases 60% of corporate portfolios
05
Aircraft leasing 90% of global fleet operations
06
Construction equipment 22% of leasing volume
07
IT/Software leasing 15% growth segment
08
Healthcare leasing 12% of total equipment finance
09
Transportation equipment leasing 18% market share
10
Retail POS leasing 25% of small business finance
11
Energy equipment leasing 10% YoY growth
12
Office space leasing 40% industrial shift
13
Truck/Trailer leasing 30% of heavy equipment
14
Agriculture machinery 8% of U.S. leasing
15
Maritime vessels 95% leased globally
16
Data centers 70% capacity leased
17
Solar PV systems 80% financed via leasing
18
Wind farms 60% leased assets
19
Manufacturing equipment 25% leasing penetration
20
EVs leasing 55% of new EV sales in 2023
21
Luxury auto leasing 40% market segment
22
Medical devices 70% leased in hospitals
23
Forklifts/material handling 90% leased
24
Railcars 85% of fleet leased
Interpretation
Segment Breakdown Interpretation
From the daily commute to the highest skies, whether it's a scalpel, a solar panel, or a freightliner, modern commerce now runs on a simple, savvy principle: why own the cow when you can lease the milk, the bucket, and the entire global supply chain?
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Samuel Norberg. (2026, February 13). Leasing Industry Statistics. Gitnux. https://gitnux.org/leasing-industry-statistics
MLA
Samuel Norberg. "Leasing Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/leasing-industry-statistics.
Chicago
Samuel Norberg. 2026. "Leasing Industry Statistics." Gitnux. https://gitnux.org/leasing-industry-statistics.
Sources & references
79 datasets cited across this report
elfaonline.org
statista.com
experian.com
grandviewresearch.com
edmunds.com
cbre.com
marketsandmarkets.com
www2.deloitte.com
autonews.com
leaseurope.org
researchandmarkets.com
blackbook.comaeclma.org
idc.com
mordorintelligence.com
jll.com
seia.org
ttnews.com
gwec.netnationalretail.org
farma.org
iata.org
gartner.com
hfma.orgnadfp.com
iea.org
colliers.com
actresearch.net
asabe.org
clarksons.com
synergy.com
nrel.gov
nam.org
jato.comdefinitivehc.com
mhi.org
aar.org
bankrate.com
consumerreports.org
kbb.com
nerdwallet.com
leasingnews.org
autotrader.com
creditkarma.com
sba.gov
cushmanwakefield.com
jdpower.com
transunion.com
porsche.com
compcomp.com
tesla.com
consumerfinance.gov
ey.comirc.gov
pewresearch.org
loyalty360.org
irs.gov
federalreserve.gov
mckinsey.com
uschamber.com
worldbank.org
bls.gov
epa.gov
exim.gov
asce.org
pwc.com
conference-board.org
energy.gov
autocare.org
spglobal.com
usda.gov
oecd.org
unctad.org
ibisworld.combloombergnef.com
oliverwyman.com
irena.org
ifc.org
farmprogress.com
