Declines in OEM incentives opens leasing marketshare to credit unions
OEMs continued to slash incentives in Q4 2021
Manufacturer leasing incentives remain suppressed, allowing non-captive lenders, including credit unions, to gain lease marketshare as pandemic-related supply chain issues, heightened demand and elevated vehicle values continue to pressure the market. The lack of incentives has created a “level playing field” for non-captive lenders including credit unions in the space, Ken Sopp, president at Credit […]
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