Modernizing Document and Income Verification in Auto Leasing with AI
AutoSuccessOnline
AUGUST 16, 2024
Several years ago, leasing accounted for as much as 35% of all sales at dealerships. 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. However, tighter inventories drove leasing down, especially following the pandemic.
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