Automotive Trends Shifting to Leasing and Long-Term Loans
The latest automotive trends present a good-news, bad-news scenario to the country’s automotive dealers. New data released by JD Power, the nation’s leading independent research company, will open some eyes.
The good news is that retail leasing is at record levels. In February, 26.5 percent of all transactions were leases. That’s better than the previous record of 26.0, set way back in May 2000.Read More