leasing companies
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Independent leasing companies account for one third of the market
Independent leasing companies' turnover slid by 30-40% last year, above the market average, amid the companies' dependence on a certain car brand or tighter access to cheap funding.
Fraud cases send leasing companies all the way to Spain to get cars back
The leasing industry has seen a significant increase in fraud cases on the auto segment lately, with many companies discovering that many cars had "simply vanished" and starting to look for...
Leasing companies have increasingly more repossessed items, but won't cut prices
Leasing companies have increasingly more repossessed goods, with their number rising significantly over the last half-year - but are unable to sell them because they will not even think abou...
Leasing companies start to sell repossessed buildings and land
Leasing companies have put up for sale several dozens of buildings and plots repossessed from clients who could no longer pay their instalments, after in the past year they had focused on re...
Most expensive cars repossessed by leasing companies
A 460,000-euro Rolls Royce Phantom Cabriolet, a 335,000-euro Maybach 62 S and an over 315,000-euro Bentley Arnage T are among the most expensive cars to be recovered by leasing companies fro...
Number of cars repossessed by leasing companies jumps 25%
The number of cars being returned to leasing companies because clients can no longer pay their instalments saw a 25% leap in October, in the wake of an abrupt depreciation of RON and a subst...
2009, the first year of 0% growth for new car sales
Leasing companies will shift to financing used cars, as well as other fields such as healthcare, agriculture or industrial equipment, which occupy less of the current market.