Rise of autonomous vehicles could lead to leasing revolution

“Autonomous cars are very likely to accelerate the evolution of this trend. The user of the vehicle could opt for a pay monthly model similar to a modern lease deal or they could be part of a buying consortium that pays to have access to one or a pool of vehicles. “At its most extreme, we may even see a ‘pay on use’ model of ownership become widespread, where the motorist pays for only the time or mileage that they consume.”  Pontin added that there were likely to be additional changes resulting from autonomous vehicles that could spell major changes for the automotive sector.