The Chevrolet Silverado 1500 full-size pickup is one of the most leased vehicles in the usa, according to data compiled by international consumer credit reporting company Experian.
According to the latest Experian report, the Chevy Silverado 1500 made up 2 . 13 percent of vehicles leased in the Oughout. S. during the fourth one fourth of the 2020 calendar year, which makes it the fourth most commonly leased automobile on sale today. This bodes well for the Silverado within the hotly contested full-size pickup segment, with leases outpacing that of rivals like the Kia F-150, Ram 1500 plus Toyota Tundra. The F-150 was the next most commonly rented full-size pickup at one 64 percent.
The Chevy narrowly beat out another GENERAL MOTORS product with regard to consumer rents, the Chevy Equinox , which usually accounted for 1 . 99 % of all vehicles leased within Q4 2020, putting in fifth general .
Probably the most frequently leased vehicle in the marketplace in Q4 2020 was your Honda CR-V, which made up 2 . 69 percent associated with leases. The Honda Social was second at 2 . not 53 percent, followed by the particular RAV4 at 2 . forty-four percent.
It appears Chevy consumers like to lease, based on this particular Experian report. Chevy was your 3 rd most leased car manufacturer in the Oughout. S. in Q4 2020, accounting for 9. 21 years old percent of all vehicle rents. First was Honda using 11. 6 percent, as well as Toyota with 11. sixteen percent. Interestingly, fellow GENERAL MOTORS brands GMC plus The cadillac were among the list of least frequently leased brand names at 2 . 38 pct and 1 . 76 pct, respectively.
The Experian article also broke down which motor vehicle types are most often financed. Not surprisingly, SUVs and crossovers set the cause, accounting for 55 per cent of financed new cars. Full-size pickup trucks like the Chevy Silverado represented 13. 98 percent of new vehicles loaned, followed by mid-size sedans in 9. 85 percent together with small sedans accounted for main. 27 percent. Mid-size pick-ups accounted for 3. 95 % of financed new cars.
2021 Chevy Silverado 1500 Photos
— Sam McEachern
Mike loves to write and has a passion for automotive racing, karting and performance traveling of all types.