Car leasing price index – June 2022 France (+9,1%)
"At the end of June, the index stands at +9.1%, when official price index has moved from 109.1 to 114.1 (representing 4.65 points increase). It means that leasing prices have increased by 9.1% during the first 6 months of the year while consumer prices went-up “only” 4.25%. This is understandable considering that OEM have drastically reduced their discounts while three years interest rates swap became positive at the end of January (-0.16% 31/12/2021) and has reached 2.0 % at the end of June. Leasing companies are generally refinancing their contracts over three or four years." Pascal Serres