The conversation between human and AI assistant.
Where is there information on the history of how car leasing evolved?
That's interesting. Did car leasing change much over time?
Yes, car leasing has evolved quite a bit since its early days. In the 1960s and 1970s, leasing began to gain broader acceptance among both consumers and car dealerships. By the 1980s, car leasing had become a common practice nationwide, with many banks and auto finance companies offering specialized lease programs to help customers afford new cars. And in recent years, we've seen the rise of innovative new leasing models like subscription services and peer-to-peer leasing platforms that offer even more flexible options for car shoppers.