The Automotive Rental And Leasing Market size was valued at USD 338 billion in 2020 and is projected to reach USD 614 billion by 2028, growing at a CAGR of 7% from 2021 to 2027. The car rental and leasing industry includes facilities that rent or lease passengers. Cars and trucks without drivers and utility trailers. The lease of a vehicle/vehicle is governed by a lease agreement or contract. A lease agreement is a future performance agreement between a lessor and a lessee. The lease must be in writing and must be signed by the lessor and lessee. A lease agreement can be entered into in the form of an operating lease or a finance lease.
A full report of Automotive Rental And Leasing Market available at: https://www.orionmarketreports.com/automotive-rental-and-leasing-market/60917/
The major players in the market are Enterprise Holdings, The Hertz Corporation, Avis Budget, Daimler Group, LeasePlan, Toyota Financial Services, Honda Canada Finance Inc., GM Financial, Ford Credit, and Ally Financial Inc.
Automotive Rental And Leasing Market- Segmentation
By Type
• Passenger Car Rental
• Passenger Car Leasing
• Truck, Utility Trailer
• Recreational Vehicle Rental and Leasing
By Mode
• Online
• Offline
By Lease
• Open
• Close
By End-User
• Industrial
• Corporate
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
