U.S. consumers: current and future car ownership preferences by ownership type 2023
Outright car purchase is becoming less popular among consumers in the United States, according to a July 2023 survey. Over half of respondents mentioned their current vehicle had been an outright purchase, but just over 40 percent considered it likely that they would obtain their next car through the same ownership method. In contrast, car subscriptions and car leasing represented a slightly higher share of future ownership compared to current ownership.
