July 25, 2008
WESTLAKE, CA – New-vehicle retail sales reflect the shift to smaller, less-expensive vehicles and the price decline for larger vehicles as they lose favor with consumers, according to www.powerinfonet.com.
Tags: new-vehicle sales, PIN Network
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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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