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Lease

CULA Continues Hot Streak with New Monthly Records in 2021

CULA posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history.

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F&I Tip of the Week: Lease-Complementing F&I Protections

Most people are drawn to a lease because of the options they have at the end of the lease. But leasing does involve some obligations. F&I trainer John Tabar says it's those responsibilities that represent an opportunity for producers to increase product enrollment on lease deals.

January Auto Lease Payments Up on Several SUV Brands While Others Slash Prices

While many SUV brands decrease lease payments, others increase monthly rates after the New Year to meet the segment average.

Lease Credit Approval Rates Climb to 68.6% in May

Credit approvals see significant rebound from April rates.

Negative Equity on Vehicle Trade-Ins Hit All-Time High in April, According to Edmunds

Experts say consumers upside down on their car loans could take advantage of generous automaker incentives during the coronavirus pandemic to get a better interest rate and save thousands of dollars.

Recapturing Lease Customers Will Be Critical as Auto Dealers and Lenders Navigate Downturn

Customer retention takes spotlight as 1.8 million auto leases mature between March and July.

Darwin Online Debuts Fastlane

Darwin Online adds Fastlane, enabling consumers to share auto purchase or lease deals with anyone, anytime, anywhere.

Dealertrack F&I Streamlines Lease Contract Workflow

Dealers on the CDK Global DMS can now import lease deals into Digital Contracting on the Dealertrack uniFI platform, part of an upgrade also designed to benefit finance sources.

Cause for Concern: CEOs Take the AFSA Stage

Executives representing leading auto finance sources gathered at the American Financial Services Association’s 2018 conference to discuss the present and future consequences of inflated lease returns, declining used-car values, and rising interest rates.

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Bound to Fail

Da Man returns with a message to vehicle manufacturers jumping into the subscription waters: It ain’t gonna happen.

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