Key Reasons to Offer Leasing
Why should you or your members settle for a partial product offering? Leasing plays a significant role in point of sale auto purchasing. Offering leasing results in more quality loans, loyal members, increase in member growth, and higher average balances.
Credit Unions and Auto Leasing…Yes, they do go Together!
Automotive lending has a need for providers who can offer well developed programs supported by people and processes that are dynamic, member centered, and financially astute. The Credit Union has always been a smart choice for auto financing – now your members can enjoy all the same money-saving membership advantages and more with the CU Xpress Lease, conveniently provided at authorized automobile dealerships.
Auto Leasing Overview
What is a Lease?
- Defined in Webster’s Dictionary as “a contract by which one conveys equipment…for a specified term and for a specified rent.”
- Practical definition is an available option for financing a vehicle…basic principle is that you pay only for what you use of the vehicle.
To Buy or Lease...What is the Difference?
Buying or leasing involves making a choice on how to acquire your next new vehicle. There are advantages to both thatsould be considered...what is the key for you?