Lease or finance data shows “lease or finance”

Data shows “lease or finance” conversions rose to 41% of transactions in March, pushing AutoCanada’s (ACQ) net income forecast up 6% for FY Essentially, these down payments will qualify the financing arms for the federal $7,500 tax credit on those vehicles, and from there, dealers can offer leases on those cars to retail customers per usual for several more months, with the subsidy factored into the lease rate. Polestar has stopped taking new orders for this model Market watchers observe that “lease or finance” offerings are supporting resilience in used car markets amid macro headwinds. Lithia Motors (LAD) confirmed Q3 leasing to rise 9%, boosting its stock buyback plan.