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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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While many SUV brands decrease lease payments, others increase monthly rates after the New Year to meet the segment average.
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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.
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Customer retention takes spotlight as 1.8 million auto leases mature between March and July.
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Darwin Online adds Fastlane, enabling consumers to share auto purchase or lease deals with anyone, anytime, anywhere.
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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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Da Man returns with a message to vehicle manufacturers jumping into the subscription waters: It ain’t gonna happen.
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September’s rate was recorded after August’s 68.3% approval rate. The car leasing marketplace attributed September’s rate to the effects of hurricanes Harvey and Irma.
Read More →The new program combines the ‘as you drive’ benefits of the F&I product provider’s ancillary products, including dent-and-ding, windshield repair, interior/exterior repair, and key replacement, with a lease-end benefit.
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Finance sources responded to the recent uptick in delinquencies by moving upstream in the first quarter, pushing subprime lending to a 10-year low.
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