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Leasing

Fed Triggers Third Interest Rate Cut of 2019

The Federal Reserve announced a quarter-point interest rate reduction yesterday, its third such move this year. The target federal funds rate now stand at 1.5% after starting the year at 2.25%.

More Loans, Fewer Leases for GM Financial in Q3

General Motors Financial Company Inc. reported operating lease originations for the nine months ended Sept. 30, 2018 at $17.3 billion, compared to $19.6 billion for the nine months ended Sept. 30, 2017.

LeasePlan to Offer FleetCor Fuel Cards

As part of the partnership, FleetCor will manage the back-end system processing and billing of LeasePlan’s new universal fuel card. FleetCor will also manage and provide a variety of other services for LeasePlan USA, the company stated.

The Pros and Cons of a Sale/Leaseback Program

There are a number of reasons that companies will sometimes consider a sale/leaseback program then leasing them back. Here are some serious implications to assess before making the decision.

Used Vehicles Thriving in 2018

Used-vehicle values have held strong this year. A strong economy and more efficient remarketing strategies are helping make 2018 a banner year for used-vehicle values.

Fed Reserve Approves Second Rate Hike of 2018

With the labor market continuing to strengthen and economic activity rising at a solid rate, the Federal Reserve raised the Federal Funds Rate a quarter percentage point for the second time this year — putting the target for short-term rates in the 1.75 to 2% range.

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