A Shift in Auto Leasing Dynamics


For decades, consumers' interest in auto leasing has increased along with interest rates. Despite interest rates staying relatively low for several years, auto leasing has gained traction in the last year or two – a trend driven by lower monthly payments, greater understanding of leasing agreements and longer vehicle ownership. In Western Independent Bankers, Scott Hendriks, senior product manager for Lending Solutions, Fiserv, explains the coming shift in leasing dynamics – and how technology can significantly alleviate the complicated lease process.

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