Procurement Market Intelligence Report

Fleet Vehicle Leasing
Sourcing Guide & Market Intelligence

Smarter cost management starts with comprehensive market intelligence

United States

Canada

Europe

Global

Quick Navigation

Fleet Vehicle Leasing Global Overview

Definition

Summary

Suppliers lease cars, sport-utility vehicles (SUVs), vans, buses, and trucks (e.g., pickup trucks, box trucks, and semitrucks) through open-end and closed-end leases. Under an open-end lease, also known as a finance lease, the buyer purchases the leased vehicles after leasing for a short time, usually one year. Under a closed-end lease, also known as a walk-away lease, the buyer leases the vehicles for a fixed term and then returns them to the supplier. Buyers come from both the private and public sectors.

This Report Includes:

Car Leasing
SUV Leasing
Van, Bus & Truck Leasing

Not in this Report:

Trailer Leasing Services
Fleet Vehicle Purchasing

Classification:

Take the ProcurementIQ products and data tour

Explore live samples of price trend forecasts, price driver projections, forward-looking cost structure data and more.

Try it for free

Global Fleet Vehicle Leasing Procurement Trends

Discover the top international trends affecting procurement in the global Fleet Vehicle Leasing market.

Warning Trends

Increased tariffs on copper imports take effect

On August 1, the Trump administration implemented 50.0% tariffs on imported copper. Chile and Canada will be most impacted by these tariffs, as they account for a combined 87.0% of all copper imports in the United States.
However, these tariffs are less sweeping than initially expected, only applying to semi-finished copper products, while excluding high-purity refined copper and copper input materials, such as ore and concentrate. As leading importers, such as Chile and Canada, have both high copper mining and refining capacities, they will likely avoid most of these tariffs by either exporting the copper in its unrefined form or refining the copper before exporting it to the United States
These copper tariff exemptions limit the impact on the electronics and electrical equipment sectors because these applications require refined copper due to its optimal conductive properties.
Thus, the prices of metal alloys that include copper, consumer products made from copper, tools, plumbing, corrosion-resistant alloys, and construction materials made from copper are forecast to rise by an average of 39.2%, according to the Yale Budget Lab.

Neutral

Crude oil prices dip, but natural gas and fuel prices remain volatile in 2025

Oil prices have been falling with the introduction of higher tariffs and the predicted decline in global demand. The OPEC+ group of countries also announced they would be unwinding production cuts and increasing their collective output target for May by 411,000 barrels per day.
Trade wars, ongoing conflict between Hamas and Israel, and general unrest in the Middle East are causing uncertainty surrounding oil prices, which has led to volatility in prices. In the third week of May 2025, crude oil prices hit $63.67 per barrel, but volatility remains as geopolitical concerns remain.
Natural gas prices rallied early in 2025 with colder-than-usual temperatures in the United States and high demand, topping out at $4.68/MMBtu in March. Prices have since fallen with the onset of trade wars and weakening demand projections to $3.64/MMBtu in the third week of May 2025.
The national average of gasoline prices has been rising slightly due to refinery maintenance/outages and blending issues, hitting a national average of $3.15 per gallon in the third week of May 2025. However, gasoline futures have been volatile, falling due to fears of oversupply and deepening concerns about weakening demand with tariffs, but rising after trade deals.

Global Fleet Vehicle Leasing Market - Suppliers by Region

Country/Region	Number of Suppliers
#1 India	585
#2 Europe	470
#3 United States	235

Explore supplier concentration across the globe

We've uncovered the 11 top regions for global procurement, based on feedback from our most strategic clients. Access vendor counts for each unique region when you subscribe.

Canada
United States
Mexico
Latin America

Learn more

Geography Drilldown - US, Canada & Europe

Average Cost of Fleet Vehicle Leasing

United States

2026 Market Pricing

$150.00 to $X,XXX.XX

per vehicle per month

Canada

Europe

Average Price

Prices in the Fleet Vehicle Leasing market range from $150.00 to $X,XXX.XX, depending on Vehicle Type, Miles Driven and Lease Type. For example, lower prices are associated with Smaller cars ($175 to $300 per vehicle per month), whereas higher prices are associated with Luxury vehicles ($500 to $3,500 per vehicle per month), Sport utility vehicles ($250 to $600 per vehicle per month) and Trucks and buses ($500 to $3,500 per vehicle per month).

Need the scoop on international price trends?

Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.

View Custom Options

Fleet Vehicle Leasing Category Price Trends

Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Fleet Vehicle Leasing market, prices in the US have grown 2.3% from 2022 to 2025. and +3.9% in Europe.

United States (2022-2025)

2.3%

Compound Annual Growth Rate

Canada (2016-2019)

1.3%

Compound Annual Growth Rate

Europe (2022-2025)

3.9%

Compound Annual Growth Rate

Wondering where prices are heading?

Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.

Learn More

Cost Analysis - Total Cost of Ownership for Fleet Vehicle Leasing

Total cost of ownership is Medium in the Fleet Vehicle Leasing market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Downtime may raise the total cost of ownership unexpectedly.

Negotiated Before

Financing

Buyers should negotiate their financing options prior to signing contracts with suppliers to make sure they are paying for the vehicles in the way that makes the most sense for their operations.

Billed During

Fuel

Buyers will have to purchase fuel during the operation of the vehicle's lifespan in order to allow them to function properly. Fuel charges may significantly increase the overall total cost of ownership given the recent extreme volatility in global oil markets.

Inspections

Vehicles will need to be inspected at the rate required by law in order to make sure that they are in safe, working condition. These inspections typically are charged per vehicle; however, for large fleets, some inspection agencies may perform multiple inspections for a lower rate.

Unforeseen

Downtime

Vehicle breakdowns can sometimes require significant time in the shop for maintenance, which can impact buyers' operations negatively.

Buyer Power in Procurement Negotiations

In 2026, buyer power amounts to -2.7 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Availability of Substitutes. Subscribers can access details on eight other factors that impact buyer power. Learn more