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Ford Credit lease penetration reaches 15% in Q4

Delinquencies, net charge-offs rose YoY

Ford Credit’s lease penetration normalized in the fourth quarter amid lower lease returns and higher credit losses. Dearborn, Mich.-based Ford Credit’s lease share of retail sales rose to 15% in Q4, up from 14% a year prior but down from 18% in Q3, according to its Feb. 10 earnings presentation. By comparison, Ford’s lease share […]

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