July 22, 2010
To meet customer demand for leasing and non-prime financing for GM vehicles, General Motors and AmeriCredit Corp. announced July 22 that they entered into a definitive agreement for GM to acquire the subprime auto finance company in an all-cash transaction valued at approximately $3.5 billion.
Tags: AmeriCredit, General Motors, leasing, non-prime finance
February 22, 2010
Mercedes-Benz Financial is enhancing its lease vehicle turn-in process, called First Class Finish, by providing new software for its dealers hand-held Dynamic PDA (personal data assistant).
Tags: leasing, Mercedes-Benz Financial
December 22, 2009
Terminating a lease earlier than its contractual length has skyrocketed in the last two years, growing from a typical 15 to 16 percent to more than 21 percent in 2009, reports CNW Market Research.
Tags: CNW Market Research, leasing, leasing contract termination
October 29, 2009
The Mint Leasing Inc., a provider of leasing services to franchised automobile dealers, announced today that it renewed a credit line worth $29.2 million with Sterling Bank of Houston.
Tags: credit line, leasing
September 16, 2009
Chrysler Group LLC announced it will offer a leasing option for customers on all 2010 model year Chrysler, Jeep and Dodge vehicles through Chrysler’s preferred lender, GMAC Financial Services.
Tags: Chrysler Group, GMAC Financial Services, leasing
August 6, 2009
General Motors Company said Monday it is expanding leasing by offering programs on select 2009 and 2010 Cadillac, Buick, GMC and Chevrolet models through U.S. Bank.
Tags: General Motors, leasing, U.S. Bank
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By Gregory Arroyo ‘Be easy to do business with’ isn’t just some trainer-created slogan; it’s what today’s market demands.
By Marv Eleazer F&I’s from-the-trenches columnist says there might be more to calculating PVR than simply dividing F&I gross by monthly retail sales.
By Cory Mosley Getting back to basics is good for slumps, but they do nothing to push you forward. F&I’s sales columnist weighs in.
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