Leasing is becoming an increasingly popular option among dealers, and for good reason! With the flexibility and financial advantages it offers, more and more dealerships are exploring the benefits of adding a leasing program to their operations. If you’re curious about how leasing can help you maintain profitability while keeping customer payments affordable, you won’t want to miss out on the latest insights from the industry.
In a recent article on Lease News, Nick Markosian dives into an important topic that every dealer should consider—the risks associated with extending the term on retail installment sales contracts. Extending terms may seem like a way to offer more attractive payments, but it can also increase risk and create challenges down the road. That’s where leasing comes into play. Unlike traditional financing, leasing allows dealers to capitalize on the vehicle’s residual value at the end of the lease term, making it easier to maintain profitability without pushing customer payments beyond their comfort zone.
Want to learn more about how leasing can benefit your dealership? We’ve got you covered! Download our FREE 2022 E-book: A Step-by-Step Guide to Starting Your Leasing Program. This comprehensive guide walks you through everything you need to know about launching and managing a successful leasing program. From the basics of lease structures to advanced strategies for maximizing profitability, this e-book is an essential resource for any dealer looking to embrace the future of automotive finance.
Don’t miss out—download your free copy today and start exploring the incredible opportunities leasing can bring to your dealership!