Leasing

JIM HENRY

Don't do much leasing? Better bone up

12:01 am U.S. ET | July 2, 2014
Leasing's not just for luxury brands anymore. It's spreading to mass-market brands too, experts say....
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2-year leases take off at Toyota

12:01 am U.S. ET | June 30, 2014
Toyota is seeing a strong shift into two-year leases this year, a trend that promises quicker customer turnarounds and fuller used-car inventories down the road....
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INSTANT GRATIFICATION

Until Macans arrive, buyers offered short leases on other Porsches

12:01 am U.S. ET | June 30, 2014
U.S. buyers of the new Porsche Macan, which went on sale in May, face a wait of more than six months for delivery. So the company is trying to keep potential Macan buyers happy by putting them in other Porsches during the wait....
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What can industry do to boost leases, residuals?

12:01 am U.S. ET | April 21, 2014
Interest rates, gasoline prices, unemployment and natural disasters are among the unpredictable forces that have an impact on the economy. In turn, the economy has an impact on leasing....
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JIM HENRY

Off-lease surge should spark even more leasing

12:01 am U.S. ET | April 2, 2014
Scheduled lease terminations are expected to grow again in 2014, providing a strong tailwind for additional leases this year and higher customer loyalty....
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GM, Toyota get boost from discounted finance, lease deals for Uber drivers

12:34 am U.S. ET | Nov. 25, 2013
People who sign up as drivers for Uber Technology's car-booking service will be able to get discounted financing or leasing for vehicles made by Toyota and GM. Drivers registered to pick up passengers, who request and pay for rides using Uber's mobile application, will be able to go to a dealership and buy designated Toyota or GM cars approved for the program at lower rates through vehicle-financing companies, Uber CEO Travis Kalanick said....
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Volvo outlines strategy for U.S. revival

3:00 pm U.S. ET | Nov. 6, 2013
Volvo Cars is rolling out a broad strategy aimed at reviving the brand in the United States after a decade of shrinking demand while nearly doubling sales globally. The plan, shared with U.S. dealers on Tuesday, includes new powertrains, new vehicles, more leasing and fresh marketing under a new, global ad agency....
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ALG reduces residuals on EVs, plug-in hybrids

2:32 pm U.S. ET | Sept. 11, 2013
ALG, citing high incentives, recent price cuts and a potential glut of models, has cut residual values for electric vehicles, plug-in hybrids and conventional hybrids in its latest residual value guide -- chief among them the all battery powered Nissan Leaf....
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Q&A: TIM DEVINE

Hyundai Capital exec: Upscale focus succeeds

12:01 am U.S. ET | Sept. 9, 2013
Higher quality vehicles with eye-catching design and better residuals have helped Hyundai and Kia secure more lease business and attract more affluent customers than they did five years ago, says Tim Devine, 52, Hyundai Capital's senior vice president of marketing and sales....
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Leasing is on the rise, as are F&I sales

12:01 am U.S. ET | Sept. 9, 2013
Dealerships that use menus to sell F&I products can switch to a lease-friendly menu for lease customers, say F&I managers, dealers and F&I vendors. "If maintenance is not included by the manufacturer, there's lots of opportunity" to offer F&I products such as prepaid maintenance on leases, said Peter Welch, president of the National Automobile Dealers Association....
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Deals juice U.S. sales of plug-in vehicles

12:49 pm U.S. ET | Sept. 5, 2013
U.S. sales of rechargeable cars -- once sluggish -- are accelerating as more consumers take advantage of cheap lease deals and price reductions. U.S. sales of electric-drive cars and light trucks -- ranging from hybrids to plug-in hybrids to battery-only cars -- are up 28 percent this year through August to at least 399,070 units....
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JESSE SNYDER

Automaker discipline is holding … so far

5:59 pm U.S. ET | Sept. 4, 2013
Four years into the sales recovery, we’re all holding our breath. We all hope everybody remembers the hard lessons of the Great Recession. And fear somebody will crack open a fresh can of marketing excess -- especially we graybeards who remember previous boom-and-bust cycles....
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Experian says easier credit, growth in leasing continue

8:30 am U.S. ET | Sept. 3, 2013
The good news continues in auto finance with easier credit terms, growth in leasing and increased average loan amounts, according to second-quarter statistics released today by Experian Automotive....
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