Single-pay leases spur customer retention
Leases with upfront payment pose less risk to lenders
Automakers such as Mercedes-Benz are leveraging single-pay lease offers to provide flexibility to consumers and drive higher customer retention rates. Single-pay leases allow the consumer to make one upfront payment to cover the lease term rather than monthly payments, a Mercedes-Benz Financial Services USA spokesperson told Auto Finance News, adding that Mercedes sees higher customer […]
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