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Leasing Boom Means Overvaluing Residuals and Growing CPO Sales
2013-10-22 22:15:35| AutomotiveDigest.com - Automotive Industry News
Art Spinella President CNW Research CNW Research says that the boom in new vehicle leasing is causing automakers to overvalue future residual values 5% to 10% to get monthly payments lower and beat out the competition; Dealers and OEMs will still see some gains from leasing boom certified pre-owned (CPO) vehicles are coming from [...]The Article Leasing Boom Means Overvaluing Residuals and Growing CPO Sales appeared first on Automotive Digest.
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Category:Automotive