|Southern California is the largest market for luxury cars in the US and BMW's largest global market, selling more Bmws here than in Germany. |
Leased cars have become an increasingly popular perk for entertainment industry employees as it doesn't increase their taxable income, is tax deductible for the employer, and is highly prized among talented employees in Southern California where the price of even the most costly cars are smaller than the down-payment on a home.
From personal observation, Fiat is heavily into leasing their high-end cars. The number of $220,000 Maseratis which have suddenly appeared on Los Angeles streets is startling.