Leasing a car is cheap—so why aren’t more Americans doing it?

Simone Foxman: Wells Fargo analysts say that the interest rates Americans pay if they lease a car for 48 months are the cheapest they’ve been for 40 years, at around 4.25%. Interest rates on auto loans have continued to fall despite expectations this year that the US Federal Reserve would cut back its monetary stimulus … Continue reading Leasing a car is cheap—so why aren’t more Americans doing it?