Luxury Daily
The authority in luxury news.
March 1, 2026
  1. Moschino allows consumers to shop the runway during live-stream
  2. Kering, in transparency move, goes for 100pc traceable organic cotton
  3. Chloé fetes iconic anniversary collection via video series
  4. Michael Kors launches WeChat platform to enhance shopping experience in Asia
  5. Mercedes introduces electric bike collection
  6. Missoni pays homage to founders, Brazil with charity auction
  7. Introducing Luxury Women to Watch 2023
  8. Instagram acts as moisturizer to preserve Facebook's appeal: L2
  9. Luxury Unfiltered: Connecting with ultraluxury clients
  10. Luxury Unfiltered: Why traditional management is killing luxury as an asset class
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

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.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Moschino allows consumers to shop the runway during live-stream
  2. Kering, in transparency move, goes for 100pc traceable organic cotton
  3. Chloé fetes iconic anniversary collection via video series
  4. Michael Kors launches WeChat platform to enhance shopping experience in Asia
  5. Mercedes introduces electric bike collection
  6. Missoni pays homage to founders, Brazil with charity auction
  7. Introducing Luxury Women to Watch 2023
  8. Instagram acts as moisturizer to preserve Facebook's appeal: L2
  9. Luxury Unfiltered: Connecting with ultraluxury clients
  10. Luxury Unfiltered: Why traditional management is killing luxury as an asset class
VIDEOS
More Videos

MORE IN Automotive
Lamborghini onboards next chief people, culture officer
Rolls-Royce drops in at Oberoi Concours d’Elegance
‘Sculpting the Soul’ unites Lamborghini Fenomeno with contemporary design culture
Aston Martin to build 45-story residential complex in Brazil
Bentley commits to cutting airfreight emissions worldwide
Ferrari confirms Luce name, reveals design direction for upcoming all-electric car



RECENT ARTICLES
Annual revenues rise 15pc at The RealReal
Wolford seats new CEO, chairman
Waldorf Astoria Goa to open in 2030

Jumeirah scripts hospitality story in ‘Our Flame’
Christian Louboutin delivers striking summer 2026 campaign
Rolex Awards welcomes 50th laureate class