Discover the reasons behind the significant decline in vehicle leasing renewals in 2022. Explore shifting consumer preferences, down payment challenges, and affordability concerns. Understand the impact of reduced new and used car sales on lease renewals. Learn about the decrease in the market share of auto leases and the implications for the industry. Explore alternative options to leasing and the changes in consumer behavior. Gain insights into the financial challenges affecting lease renewals and discover strategies for the auto leasing industry to address the decline. Get predictions for the long-term outlook of vehicle leasing renewals.