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Modernizing Document and Income Verification in Auto Leasing with AI

AutoSuccessOnline

in Q1 2023, according to Experian’s Q1 State of the Automotive Finance Market Report. Since the car is not owned by the lessee, the lessor needs assurance that the lessee will reliably fulfill their payment obligations throughout the lease term. Leases made up 24.1% of new vehicle purchases in Q1, compared with 19.3%

Lessee 86
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Taking Over a Car Lease: The Pros and Cons

Automotive Addicts

A car lease is a contract between a leasing company or dealership (the lessor) and an individual or business (the lessee). But while there are many pros to taking over an existing car lease, there are some cons to be aware of. What is a car lease?

Lessee 52