October 2, 2008
With the financial markets in turmoil, consumers can still lease or finance new and used vehicles.
Tags: LeaseCompare.com , Leasing, Tarry Shebesta, www.DoALease.com.
September 29, 2008
CHERRY HILL, NJ – To celebrate the Car Care Council's Fall Car Care Month, participating Subaru dealers are offering free vehicle diagnostic inspections to Subaru owners in October.
Tags: Car Care Council, Fall Car Care Month, inspections, Subaru of America, Inc., vehicle diagnostics
September 22, 2008
SPARKS, MD – PHH Arval has designed an alternative for companies with unique needs that may not fit into a traditionally managed maintenance program.
Tags: maintenance program, Open Maintenance Network, PHH Arval
September 9, 2008
PHILADELPHIA – CarsDiva.com has announced FlexFans.org, a social network for consumer enthusiasts, retailers, and manufacturers of the new Ford Flex Crossover vehicle.
Tags: CarsDiva.com, Flex Crossover vehicle, FlexFans.org, Ford Motor Company
September 2, 2008
FOUNTAIN VALLEY, CA – Hyundai's promised to put a hybrid subcompact, a hybrid mid-size, and a plug-in competitor to the Chevrolet Volt on the road within five years.
Tags: hybrid subcompact, Hyundai
TORRANCE, CA - The first-ever Green Fleet Conference in Chicago Sept.15-16 will open with a keynote speech on fuel-efficient and emissions-reducing models to come in 2009-2011.
Tags: Green Fleet Conference, Hyatt Regency Chicago
August 29, 2008
DETROIT – The crisis in automotive leasing is unlikely to affect the new Audi A4 compact luxury sedan, which has had a 70 percent lease mix in the current generation.
Tags: A4, Audi, Leasing
Tags: discount, Green Fleet Conference
August 28, 2008
Although problems remain such as billions in underestimated residual values this year for end-of-term SUVs, leasing remains strong, says CNW’s Art Spinella.
Tags: Art Spinella, CNW, Leasing
LeaseTrader.com reports it continues to see strong demand for short-term SUV leases.
Tags: LeaseTrader.com, Leasing, SUV Leases, SUVs, vehicle lease
August 26, 2008
LORDSTOWN, OH – GM announced it will invest more than $500 million in the U.S. to build the Chevrolet Cruze, an all-new global compact car.
Tags: Chevrolet Cruze, General Motors, global compact car
August 21, 2008
The move continues the trend of automakers changing their leasing strategies in the face of eroding residuals.
Tags: Buick , GMC, Lease Incentives, Leasing, Pontiac
August 19, 2008
COLOGNE, GERMANY – Volume production of the new Ford Fiesta, the first of a generation of new global small Ford cars, has started at the company's Cologne plant in Germany.
Tags: Cologne plant, Ford Fiesta, Germany
August 14, 2008
Consumers can still benefit from leasing new and used cars.
Tags: auto leasing, Chrysler leasing, LeaseCompare.com , Leasing
August 12, 2008
MENLO PARK, CA – The new program enables dealers to ground and purchase ARI vehicles directly from OPENLANE online auction.
Tags: Automotive Resources International , OPENLANE, Inc.
August 5, 2008
ALEXANDRIA, VA - The National Vehicle Leasing Association (NVLA) announced its synopsis of the current condition of the auto leasing industry.
Tags: Leasing, National Vehicle Leasing Association
July 31, 2008
Chrysler says its dealers are still able to offer customers lease financing arrangements with other financial institutions, separate from Chrysler Financial.
Tags: chrysler, Chrysler Financial, Chrysler leasing, Leasing
July 29, 2008
DES PLAINES, IL – Wheels, Inc. hosted its first Fleet Summit, "Driving Thoughtful Fleet Solutions," last week in Arlington Heights, Ill.
Tags: Chicago, economic trends, fleet budget, Fleet Summit, Wheels, Inc.
July 22, 2008
SPARKS, MD – PHH Arval has launched two significant new functionalities in its B2B Web site PHH InterActive.
Tags: B2B Web site, PHH Arval, PHH Interactive
July 17, 2008
Overall, near-luxury and midsize vehicles have seen a large jump in lease penetration rates. The tightening of bank lending regulations has made it more difficult for consumers to obtain credit.
July 8, 2008
WASHINGTON – The U.S. Environmental Protection Agency is launching the SmartWay Leaf Campaign to encourage purchases of SmartWay-certified cars and trucks.
Tags: Environmental Protection Agency, SmartWay Leaf Campaign
June 27, 2008
AUBURN HILLS, MI – Chrysler's new fleet Web site has been completely redesigned with revised content to help keep fleets informed and up-to-date.
Tags: Chrysler Motors Fleet Operations, fleet Web site
June 26, 2008
Nearly 800,000 SUVs are slated to come off-lease this year. Small businesses could take a hit.
Tags: CNW Research, Declining SUV Values , lessors, Retail Automotive Summary
June 24, 2008
EDEN PRAIRIE, MN – GE Capital Solutions Fleet Services has enhanced its remarketing online management system to save fleet managers time, ensure sales documentation accuracy, and initiate payment of resale proceeds.
Tags: GE Capital Solutions Fleet Services , my.Drivers/my.Vehicles online management tool, real-time quotes
WASHINGTON - In one of the company's largest export agreements, Ford will sell more than 30,000 North American-built vehicles in China, starting in 2009.
Tags: China, export, Ford
Ask our experts about your questions to receive advice on your most perplexing Leasing issues.
Robert Singer Principal and a Senior Vice President Merchants Automotive Group
Q: We own 100% of our vehicles. Our drivers put about 150K miles on every 36 months. Are there even leases out there that would make sense for us with our high mileage?
Q: It seems that an open-end lease benefits only the Lessor and not the Lessee, especially for government run fleets. So, is there any point where a government entity would select an open-end lease?
Q: What has more flexibility, open-end or closed-end leases?
Q: What is your assessment of the automotive market and industry right now?
Q: What sets Merchants Leasing apart from the competition?
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