Pete Radike, director of Product Management at Fiserv, talks about current trends in today's automotive lending and purchasing market; from leasing contracts, to new roles for displaced bankers in this Automotive Digest webcast.
The market in terms of automotive leasing and lending is showing an upward trend, but at a very methodical pace. Due to increased vehicle demand, and despite low interest rates, more and more consumers are choosing standard and extended leases. This shift has birthed a new side industry of startup organizations manned by the displaced bankers of years' past ready to offer new loan operations. Pete Radike, director of Product Management at Fiserv, discusses the impact in this Automotive Digest webcast.