CULA posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history.
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.
While many SUV brands decrease lease payments, others increase monthly rates after the New Year to meet the segment average.
Credit approvals see significant rebound from April rates.
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.
Customer retention takes spotlight as 1.8 million auto leases mature between March and July.
Darwin Online adds Fastlane, enabling consumers to share auto purchase or lease deals with anyone, anytime, anywhere.
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.
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.
Da Man returns with a message to vehicle manufacturers jumping into the subscription waters: It ain’t gonna happen.
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