Lease Volume Reaches Record High in 2016, Edmunds Reports

SANTA MONICA, Calif. — Automotive lease volume reached an all-time high of 4.3 million vehicles in 2016, according to the latest Lease Market Report from Edmunds, account for 31% of new-vehicle sales in 2016. That’s up from 29% in 2015. Over the past five years, lease volume has grown by 91%. And as the popularity ... Read More »

Dealer to Pay $12,500 Fine for Illegal Leasing Practices

HARRISBURG, Pa. — Credit Connection Auto Sales in central Pennsylvania has reached a $12,500 settlement with the state’s attorney general for allegedly leasing vehicles that needed a considerable amount of repair work and using lease agreements that did not comply with federal law. The business offers vehicles on a lease-to-own basis at its locations in ... Read More »

LEAP Financial Scores High in Customer Satisfaction

Ally Introduces Financing Product With 48th Month Sell Option