Leases on the Rise

3 months ago

WardsAuto Dealer F&I Monthly


	AUGUST 08, 2024

Leases boost profits, but earlier drops in leasing rates mean a dearth of late-model used vehicles.

A recent survey of credit union professionals showed they were almost unanimous about the benefits of dealership partnerships.

The automaker’s captive finance company is credited for the rise.

Hurricane Beryl and the CDK shutdown curtailed revenues.

Early price adjustments help manage inventory more effectively, reducing the number of days vehicles remain unsold and minimizing carryover costs.

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