Category Archives: Leases

Uber Gets Run Over by its Own Subprime Auto Leases

Uber Gets Run Over by its Own Subprime Auto Leases | Wolf Street http://wolfstreet.com/2017/08/09/uber-gets-run-over-by-its-own-subprime-auto-leases/ Re-posted from Wolf Street. Geoff Geoff Comments: Uber’s overly exuberant expansion plans created a program to lease autos to potential drivers, without much forethought, they created … Continue reading

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Carmageddon: Record Incentives And Financing Terms Fail To Stem The Auto Bleeding In June

Carmageddon: Record Incentives And Financing Terms Fail To Stem The Auto Bleeding In June | Zero Hedge http://www.zerohedge.com/news/2017-07-04/carmageddon-record-incentives-and-financing-terms-fail-stem-auto-bleeding-june Re-posted from Zero Hedge. Geoff Geoff Comments: As we have been warning for 6 months, the auto industry is facing a catastrophic … Continue reading

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It’s Not Just Americans, Europe’s New Obsession With Auto Leases Is “Catastrophic For Used Car Prices”

It’s Not Just Americans, Europe’s New Obsession With Auto Leases Is “Catastrophic For Used Car Prices” | Zero Hedge http://www.zerohedge.com/news/2017-07-01/its-not-just-americans-europes-new-obsession-auto-leases-catastrophic-used-car-price Re-posted from Zero Hedge. Geoff Geoff Comments: There is no question, the auto sales, financing, and leasing markets have been … Continue reading

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