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flag Auto lease payments near $655 monthly car loan average as new car prices surge to $50,000.

flag Average auto lease payments have risen to $638, close to the $655 average monthly auto loan payment, as new car prices hit $50,000. flag Leasing's cost advantage has diminished, with lease payments in Tennessee at $657 and Kentucky at $614. flag The share of leased vehicles has dropped by one-third since 2020.

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