Motor Trader

JULY 29, 2024

Zenith , which manages 92,514 cars and funds 77,396, launched the Project Volt BEV lease extension programme in the first quarter of 2024, an initiative to extend the leases on BEVs to address losses made on BEVs, targeting 3,000 lease contracts.

Lease Extension 52

Lease Extension Management Customer Sales 52

Automotive Mastermind

JUNE 1, 2023

Work with customers to explore lease extension options to help bridge the gap between contracts if their desired vehicle is not currently available. Ensure the customer processes their lease buyout at your store and not through their captive finance company or another dealership.

Customer 52

Customer Lease Extension Dealerships Finance 52

Automotive Mastermind

OCTOBER 22, 2021

Through July 2021, CPO sales increased by 11% year-over-year However, as pandemic-driven lease extensions begin to expire, CPO supply constraints are expected to improve, providing a potentially lucrative opportunity for dealers to engage buyers and build loyalty through CPO sales.

Lease Extension 52

Lease Extension Customer Retail Buyer 52

Automotive Mastermind

NOVEMBER 12, 2021

Now as COVID-19-driven lease extensions are beginning to expire, CPO supply constraints are expected to improve, according to IHS Markit – offering some brands and dealers a unique opportunity to take advantage of the growing segment and build brand loyalty.

Dealerships 52

Dealerships Sales Lease Extension Customer 52

Automotive Mastermind

NOVEMBER 10, 2022

As COVID-19-driven lease extensions expired last year, offering some brands and dealers a unique opportunity to take advantage of the growing segment and build brand loyalty.

Dealerships 52

Dealerships Sales Lease Extension Customer 52