- May 29, 2018
- 167
- 111
- Awards
- 3
- First Name
- Todd
We are setting up a used rental and short term lease business. Verdict is still out. goes live end of june.
-
This thread is just the tip of the iceberg.The people ahead of the curve aren't Googling for answers — they're already in here, having the conversations you haven't found yet. DealerRefresh is free.Get the full picture →
Curious if any of the dealers here are doing any used vehicle leasing?
- Thread starter Viracocha
- Start date
✨ AI Highlights
# Summary DrivrzFinancial (formerly MUSA) initiated a discussion to understand dealer interest in used vehicle leasing products and identify what features are essential for adoption, prompting responses about critical requirements like simple portals, competitive residuals, independent dealer support, and integration with desking platforms. The conversation revealed that used vehicle leasing represents only about 1 in 8 transactions compared to loans, with declining industry interest, though some dealers and vendors see opportunity in retaining pre-owned customers through shorter-term leases rather than long-term loans. Key takeaway: dealers want straightforward technology integration, competitive pricing powered by strong residual values, and support for both franchised and independent operations to successfully offer used leasing as a differentiated sales option.
Replies
Views
10
5,862
Started
Last Reply
Latest posts
-
Where Dealership SEO Growth Often Comes From
- Latest: darrenstromain
-
