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Leasing As a More Affordable Option

Eyo Toe | June 28, 2023

In our latest BHPH Dealer Magazine Article, we delve into the key metrics, including record car price increases, inflation, interest rate acceleration, and more. Despite rising prices, leasing offered relief to strained consumer budgets, with minimal impact on weekly payments. We examine the trends over the past four years, highlighting the increase in average ACV and Gross Cap Cost.

The lease structure proved instrumental in maintaining consumer affordability while navigating the challenging market. With the consensus of elevated used car values, leasing continues to be a valuable solution for subprime customers seeking quality transportation amidst affordability challenges. Don't miss our insights into this evolving landscape.

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Check out the full article in BHPH Dealer Magazine here