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Feb. 9, 2026
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Automotive

Luxury consumers ditching leases, purchasing cars outright per rising rates: Edmunds

January 4, 2023

Luxury consumers opt for purchasing, rather than leasing vehicles as a move to sidestep climbing costs. Image credit: Black Tomato Luxury consumers opt for purchasing, rather than leasing vehicles as a move to sidestep climbing costs. Image credit: Black Tomato

 

By Luxury Daily News Service

Automotive reviewer Edmunds' latest reports, reflective of 2022's final fiscal quarter, show a shift in purchase preference for luxury consumers.

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  1. Champagne Telmont earns Regenerative Organic certification
  2. Ralph Lauren, Burberry among Lyst Index’s top Q4 risers
  3. Follow @LuxuryDaily for the latest in luxury news
  4. Qatar Airways, Art Basel kick off partnership in Doha
  5. Aston Martin loops Breitling in as global watch partner
  6. Ralph Lauren turns to TV to spotlight Olympic fashion
  7. Dolce & Gabbana debuts Devotion fragrance film
  8. Armani faces $4M fine from Italian Competition Authority
  9. David Yurman selects finalists for inaugural $50K design grant
  10. The rising risk of ‘superfakes’ and strategies to protect luxury brands
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