101 Years Ago Car Leasing Began

Leasing history - Jacobs Quote EN

 

Car Leasing – when and how did it all begin?

Exactly 101 years ago, in 1918, the young Walter Jacobs used leasing to the new transport innovation – the car. With this, he supported the fulfillment of the dreams of another two innovators, created a business empire and established the most widely used leasing service today – car leasing.

Read more in “The Beginning of Car Leasing“.