Weekly Wrap: COVID-19 economy puts pressure on residual values [VIDEO] | Auto Finance News | Auto Finance News

Weekly Wrap: COVID-19 economy puts pressure on residual values [VIDEO]

© Can Stock Photo / GunterNezhoda

The coronavirus economy and weaker consumer demand have created substantial risk for used vehicles as large volumes of leased vehicles reach the end of their terms. As a result, this week the auto finance industry has started to gear up for potential losses on off-lease residual values as the extent of the COVID-19 economic crisis’ […]

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