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Inside AmeriTrust Financial’s used-vehicle leasing rollout

Program licensed in 30 states, has offerings for BMW, Chevrolet, Ford, Hyundai, Mercedes and Nissan

Truth Headlam

AmeriTrust Financial Technologies in January rolled out side-by-side used-vehicle loan and lease comparisons in a bid to help consumers minimize monthly payments without extended loan terms.  The fintech offers used-vehicle leasing for internal combustion engine (ICE) vehicles and EVs, Chief Executive Jeff Morgan told Auto Finance News. The company’s main competitors are captives, but the fintech uses data and automation to provide used-car leasing for many major brands such as BMW, Chevrolet, Ford, Hyundai, Mercedes and Nissan, he said, without providing specifics.  AmeriTrust receives loan applications from dealers and provides side-by-side comparisons for loans and leases for those consumers, Morgan said, adding […]

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