SCHAUMBURG, Ill. –

Experian Automotive said Thursday it has launched a new report called the Vehicle Lease Maturity Report that aims to provide detailed information about late-model used cars coming off lease.

And there will be quite a few of those this year — 3.1 million, to be precise, Experian predicts.

The new report will provide industry professionals with insight on these off-lease cars by year, make and model at a DMA or ZIP Code level. The goal is to give users a better understanding of how these cars will impact the used market.

“Lease rates have continued to rise and set record highs. However, the result is an influx of late-model off-lease vehicles. In fact, lease maturities are expected to reach 3.1 million vehicles in 2016, which is up from 2.3 million last year,” said Melinda Zabritski, senior director of automotive finance for Experian.

“We designed the new report to help industry professionals understand how many vehicles will be coming off lease by make, model and geography," Zabritski continued. "This type of information helps to manage everything from inventory, resource allocations, incentives and valuations to overall marketing execution.”