Shawn Ryder

JANUARY 18, 2025

In today’s fast-paced automotive environment, many consumers find themselves contemplating whether to extend their car lease or return the vehicle at the end of the term. Is now a good time to extend your car lease, or should you wait? No Equity Build: Unlike purchasing a car, youre not building equity with a lease.

Lease Extension 52

Lease Extension Lease Payment Supply Chain Repairing 52

Automotive Mastermind

JUNE 1, 2023

According to automotiveMastermind data, the number of customers buying out their lease saw a 275% increase from 2019 to 2022. The long-term financial implications of customer buying habits shifting are huge for dealers. Identify and prioritize the best opportunities to keep customers engaged at each stage of their owner journey.

Customer 52

Customer Lease Extension Dealerships Finance 52

Automotive Mastermind

OCTOBER 22, 2021

When will new vehicle inventories normalize Despite the near-term production challenges, IHS Markit’s latest reports demonstrate the declines are slowing. Heading into Q4, IHS Markit estimates 7.4 million units of global light vehicle production have already been lost this year. In October, IHS Markit adjusted its 2021 forecast by just -1.3%

Lease Extension 52

Lease Extension Retail Customer Buyer 52