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Down Payment Risks & Customer Relations for Finance Officers

Published: April 5, 2013

86546051Jamie LaReau explores the ethics behind accepting a large down-payment on a lease. The risk of totaling the car before the lease ends, and the capital reduction/depreciation value of the money put down initially, can create much hardship for car lease owners. This may be a chance for trust to develop in F&I, and expand on customer relations, as leasing clients will return to the dealership for service and a purchase when the lease ends.

Read the full article on AutoNews>>

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