Leasing | Auto Finance News

EXCLUSIVE: Ford Credit sells Canvas portfolio to Fair 

Used-car leasing app Fair has finalized a deal to acquire the assets of Ford Motor Credit’s subscription service Canvas, the company announced today. The Canvas acquisition increases Fair's fleet by 1,000 for active consumer subscribers and 600 that can be used for rideshare or consumer demand — adding to the 45,000 active users Fair currently […]

Honcker rebrands to Rodo, unveils proprietary tech

Car-leasing platform Honcker has rebranded to Rodo, the company announced via LinkedIn on Thursday. The rebrand comes in tandem with the rollout of new proprietary rebates, incentives and desking technology, Chief Executive Nathan Hecht told Auto Finance News. Prior to the rebrand, the company was licensing part of its software stack through third parties, Hecht said, […]