For several years, the supply of used cars has been limited, keeping prices high. But a rising supply of off-lease vehicles in 2014 will contribute to higher depreciation, and pressure residual value losses, according to a July report from Black Book and Fitch Ratings.
How should lenders prepare for the coming used car flood and the changes it will bring to auto remarketing? What tools are available that might help them keep abreast of the influx of product?
The Center for Auto Finance Excellence will hold “How to Play the Great Lease Return,” the center’s third webinar of 2014, to explore this grand market opportunity.
Specifically, the webinar will feature a roundtable discussion and Q&A session that will examine the ramifications of the great lease return and how lenders should prepare for higher volumes and – perhaps – softening prices.
To register, click here.
This webinar is made possible by the generous support of Fiserv.
