Post Tagged with: "leasing"

Harley-Davidson Dealers Experiment With Lease-Like Offers

Harley-Davidson Dealers Experiment With Lease-Like Offers

June 2, 2017 at 9:31 am 0 comments

Several Harley-Davidson dealerships launched special programs recently to guarantee the trade-in value of a motorcycle when it’s traded for a more expensive bike within a year, according to a published report. The new program points to dealers developing creative ways to offer a short-term, lease-like program, without actually offering leases.

‘Reinvent’ Leasing for Millennials, Fair President Advises

‘Reinvent’ Leasing for Millennials, Fair President Advises

May 19, 2017 at 10:44 am 1 comment

Leasing needs to innovate in two ways: Do away with fixed terms, and offer all-in-one monthly payments, Georg Bauer, co-founder and president at Fair, said at Auto Finance Innovation 2017 Wednesday. Millennials don’t understand leasing, residual values, and money factor, he told attendees. “[We] need to define a [new] product,Read More

MotoLease Revs Up New Inventory Website, Dealer Portal

MotoLease Revs Up New Inventory Website, Dealer Portal

May 18, 2017 at 9:31 am 0 comments

MotoLease LLC is bolstering its technology initiatives this year, starting with a new dealer inventory website, Managing Partner Emre Ucer told Powersports Finance. The new site will allow authorized dealers to list inventory, and consumers can view the pricing, estimate monthly payments, and pre-qualify for loans, Ucer said.

Competition Gets Messy as New Powersports Lenders Crowd the Market

Competition Gets Messy as New Powersports Lenders Crowd the Market

May 17, 2017 at 9:31 am 0 comments

About five or six years ago, the lending opportunity in the powersports market was wide open. As the industry recovered from the financial crisis, there was more demand than there was supply for powersports financing. Now, times have changed. Several new lending companies have entered the space — from captivesRead More

Maven Aims to Ease Delivery Drivers Into Leasing With Weekly Rental Program

Maven Aims to Ease Delivery Drivers Into Leasing With Weekly Rental Program

May 11, 2017 at 9:40 am 0 comments

General Motors Co.’s mobility services platform Maven launched a rental product for rideshare and delivery drivers called Maven Gig yesterday, in hopes it will serve as a gateway for consumers to lease vehicles from General Motors Financial Co., Rachel Bhattacharya, GM’s director of commercial mobility and AV fleet operations, toldRead More

Harley-Davidson Inks Deal With EagleRider for Rental Program

Harley-Davidson Inks Deal With EagleRider for Rental Program

May 10, 2017 at 9:31 am 0 comments

Harley-Davidson Motor Co. formed an exclusive partnership with EagleRider to develop a motorcycle rental program, the companies announced yesterday. EagleRider will exclusively offer current model year Harley-Davidson motorcycle fleets in the touring and large cruiser motorcycle segments, serviced by Harley-Davidson-trained technicians.

4 OEMs Eye Lease-Like Offerings

4 OEMs Eye Lease-Like Offerings

May 8, 2017 at 9:31 am 0 comments

Several startups and independent finance institutions in the powersports space have shown interest in leasing in recent months, and now leasing is even snatching attention from manufacturers. From leasing providers like MotoLease LLC — which expanded its leasing program in June 2016 to include financing for low-dollar powersports vehicles — to startupsRead More

ALD Offers Flexible Lease Options Amid EV Infrastructure Delays

ALD Offers Flexible Lease Options Amid EV Infrastructure Delays

April 25, 2017 at 9:31 am 0 comments

ALD Automotive is allowing EV or hybrid vehicle lessors in Romania to switch to a conventional vehicle, for a limited period of time, to accommodate areas where EV charging may not be fully developed, Mobility Buzz has learned. This offering allows lessors to swap the car easily, which can “take awayRead More

Lenders to Retool Finance Models, Experts Say

Lenders to Retool Finance Models, Experts Say

April 18, 2017 at 10:00 am 0 comments

Financial institutions will need to rework their business models to remain relevant in a sector that is evolving away from traditional car ownership toward a more shared economy and autonomous future, panelists said at the Empire State of Mobility conference in New York City yesterday. “From a financial services perspective,Read More

Shift Considers ‘Virtual Leases,’ President Says

Shift Considers ‘Virtual Leases,’ President Says

April 12, 2017 at 9:55 am 0 comments

Shift Technologies Inc. is eyeing opportunities in what it calls “virtual leasing” — a perpetual lease agreement not tied to a specific vehicle — which will allow consumers to more frequently swap out their vehicle, President Toby Russell told Mobility Buzz. “We haven’t productized that or created a sample product yet,” heRead More

Harley-Davidson to Bypass Captive for Lease-Like Program, Sources Say

Harley-Davidson to Bypass Captive for Lease-Like Program, Sources Say

April 12, 2017 at 9:45 am 0 comments

Harley-Davidson Motor Co. appears poised to offer a “lease-like” program through one of the “big agencies” in the rental space to offer non-traditional leases, said a source who asked to remain unnamed. The source was unsure if this agency will be EagleRider or another rental company.

Will PSA Group Bring Its Carshare Lease Offerings to the U.S.?

Will PSA Group Bring Its Carshare Lease Offerings to the U.S.?

April 11, 2017 at 9:30 am 0 comments

PSA Group launched Free2Move Carsharing in Los Angeles last week, positioning the French manufacturer to bring its leasing and fleet management services to the U.S. This launch marks PSA Group’s entrance of mobility services into the U.S. The automaker also announced its new U.S. division called PSA North America — whichRead More

Getaround Brings Keyless Carsharing Tech to New Jersey

Getaround Brings Keyless Carsharing Tech to New Jersey

April 10, 2017 at 9:45 am 0 comments

Getaround opened up its keyless peer-to-peer carsharing platform to Tri-State New Jersey. Now, the “airbnb for cars,” as it calls itself, is already targeting five additional markets to enter this year, marking 2017 as Getaround’s biggest expansion year, Mobility Buzz has learned. Getaround, which was founded in 2009, utilizes proprietary technology that combines GPS,Read More

CycleOne Preps for Powersports Dealer Portal Debut

CycleOne Preps for Powersports Dealer Portal Debut

March 29, 2017 at 12:00 pm 0 comments

CycleOne Financial plans to launch a dealer portal to make its software more dealer-friendly, after raising sufficient capital in the company’s Series A round, President Logan Riley told Powersports Finance.

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