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Leasing Pull-Ahead Programs Growing and Could Go to CPO Lots

2014-02-21 00:43:58| AutomotiveDigest.com - Automotive Industry News

Leasing pull-ahead program options are expected to go up 20% this year, according to Swapaleases Scot Hall. These types of programs typically give lease holders a forgiveness opportunity for whats remaining on the contract, which typically happens when theres about five months left on the lease. These cars are a perfect fit for dealer CPO [...]The Article Leasing Pull-Ahead Programs Growing and Could Go to CPO Lots appeared first on Automotive Digest.

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Whats Behind Toyotas Leasing Drive? CPO Sales?

2013-11-10 16:55:39| AutomotiveDigest.com - Automotive Industry News

Toyota is leasing a lot of cars, especially Camrys. Toyota Financial Services now offers more leases and loans than any other automaker in this market. Low-cost leases helps Toyota draw both younger and lower-income customers, and having such a strong captive partner allows Toyota to be more aggressive on leasing. Off-lease units are going to be increasing quite a bit soon from all the brands and will play a key role in softening prices. CPO has been taking off in volume month-over-month and Toyota is selling more CPO units than any other automaker, including General Motors. Are CPO sales protecting Toyota and other OEMs from taking a hit on off-lease unit sales read all about itThe Article Whats Behind Toyotas Leasing Drive? CPO Sales? appeared first on Automotive Digest.

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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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Reap the Benefits of Understanding Female CPO Shoppers

2013-09-29 17:05:49| AutomotiveDigest.com - Automotive Industry News

At Issue: Women are information seekers. They love shopping for cars on the Internet. But statistics support the fact that when women enter a car dealership they become serious buyers not just someone shopping for fun. Dealers: Now is the time to take this buying process seriously. Recent industry numbers highlight the power of women buyers. The browsing experience at your dealership is one of the top indicators of whether or not a woman will actually buy from you. Drill down deep to find out what you need to know to turn female CPO shoppers into buyers today!The Article Reap the Benefits of Understanding Female CPO Shoppers appeared first on Automotive Digest.

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Ford CPO Program Boosts Dealer Profits

2013-09-04 09:00:05| AutomotiveDigest.com - Automotive Industry News

Ford Motor Company is on pace to set an all-time Certified Pre-Owned vehicle sales record this year, achieving a record 39 percent growth level through the month of August. Get the details on Fords Certified Pre-Owned accomplishments. [More]The Article Ford CPO Program Boosts Dealer Profits appeared first on Automotive Digest.

Tags: program ford dealer profits

 

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