Latest Figures on Lease Credit Approvals Showing a Slight Decrease for May
Lease credit approvals reached 69.9% in May; Down slightly from 70.7% in April.
June 9, 2021
Lease credit approvals reached 69.9% in May; Down slightly from 70.7% in April.
June 9, 2021
Experian’s latest report also highlights geographic trends in automotive finance.
May 27, 2021
New Experian services support employers, human resources, corporate tax and payroll professionals while improving experiences for consumers and lenders.
May 25, 2021
Auto loan originations and leases to subprime borrowers fell to just 15% of the total in the first quarter, reported the New York Federal Reserve.
May 19, 2021
Volkswagen strength driven by best-selling models; Tesla falls on price declines for its most expensive vehicles.
May 18, 2021
New inventory is not expected to see improvement until the third quarter of this year, so values are expected to remain at elevated levels throughout the summer.
May 18, 2021
The company will continue growing its indirect lending business while also branching into direct-to-consumer financing, traditional retail financing, and lending across the full credit spectrum.
May 11, 2021
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
May 6, 2021
Finance industry veteran brings decades of dealer-focused experience to the management role.
May 6, 2021
Chief Executive Officer Jon Lamb and President Craig Vaughn will lead MUSA in the expansion of its used car leasing platform, as well as new ventures into traditional retail auto finance, direct lending and serving customers across a wider credit spectrum.
April 28, 2021
Have you ever had trouble getting back on track after a customer raises an objection? F&I trainer John Tabar says what you need is a good transition statement.
April 27, 2021
This month, tens of millions of federal stimulus checks hit bank accounts across the country. If last year is any guide, many of those will wind up being used to buy powersports vehicles of one type or another.
April 22, 2021
History Adjusted Residual Values are an industry first.
April 21, 2021
The market continues to increase, but the rate of weekly gains has slowed while still remaining at levels that would be record-setting by any historical comparisons.
April 20, 2021
While most luxury car lease payments decrease monthly rates, select SUVs greatly increase rates.
April 20, 2021