Displaced Bankers Becoming Non-Traditional Automotive Lending Startups | Pete Radike | AIN
Channel: AutomotiveDigest
Date: 17/11/2012

The current trends in todays automotive lending and purchasing market are discussed here.  From leasing contracts, to displaced bankers and their new niche.


Leasing is making a strong surge as pent-up demand by buyers who might not have the capital to purchase are able to get new cars.  Traditionally the popularity of leases tracks closely with the interest rate values because the buyers can find affordable payments with leases still, even when rates are high.  While rates are still low, people are still hesitant to take on the payments of a purchase.   There is also a  surge of non-traditional lenders finding space in the automotive finance market place.  


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