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Leasing Of Auto Will Be The "Thing" By Mid 1970s
Detroit AP reports industry leaders foresee half of U S drivers owning cars by 1980 shrinking to nonownership by the 1970s end as leases and fleet cars rise. Experts cite cheaper leases, tax write offs, and maintenance guarantees as key advantages. Hertz and Avia expand租 support shows growing rental market with rising vehicle counts and lower ownership. A leaser notes lower monthly cost and fresh cars every couple years.
MENTIONED IN THIS ARTICLE
Detroit
United States
William 8. Pickett
American Motors Corp
Pickett
Clyde Sutton
McCullagh Leasing Inc
Sutton
American Motors
Chrysler
Ford
Hertz Corp
Avia