See how Cox Automotive scored when its earlier outlook met the economic and market realities so far this year.
With record numbers of lease-holders choosing to keep instead of return their leased vehicles, the pool of available CPO-eligible inventory is lower than usual.
New-lease marketplace Wantalease.com reports falling average lease costs for a variety of Chevrolet and Ford vehicles.
The escalating trade disputes between the U.S. and Europe may have an adverse effect on the used car market.
The decline came as a result of a higher-than-average number of applicants in January. More people looking to get into a lease during the month, allowed for a higher number of people to not qualify for a lease, according Swapalease.com.
The average monthly payment for a leased vehicle came in at $340.37 in June, a slight reduction from last month’s average of $352.80, according to online lease deal marketplace Wantalease.com.
By implementing one or two new strategies — such as timing sales based on mileage or seasonality, expanding sales channels, or considering purchasing options — small fleet operators can return more money to their fleet’s bottom line.
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