Federal Reserve announces emergency meeting on auto lending regulations • Click for details

Vehicle Sales

0
+ 0 %

AFN Composite Index

0
+0.44%

Consumer Sentiments

0
+ 0 %

SOFR

0
+ 0 %

APR 48 Mos.

0
+ 0 %

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 […]

Already subscribed? Log in

Related Posts

Bank of America consumer vehicle net charge-offs tick down

Johnnie Martinez II

CarMax Auto Finance originations down 1.5%

David Thompson

Wells Fargo Auto originations soar 110% YoY

David Thompson

Chase Auto originations down 3% YoY

David Thompson

Daily Intelligence Brief

Join 45,000+ industry professionals who start their day with our curated auto finance news.

No spam. Unsubscribe anytime. By subscribing, you agree to our Terms.

Sponsored

Tesla announces new fleet financing program

EV Finance

Subscribe to Our Newsletters

PowerSports Finance - Monthly coverage of the powersports lending market