Many automakers' captive finance lenders are restricting off-lease buybacks by third parties amid the chip and inventory shortage, though a small number continue to give consumers and dealers ...

For Ford and Lincoln dealers that don’t already capture enough off-lease turn-ins to meet their inventory requirements, Ford Credit’s dealer-direct purchasing site, Accelerate, is now integrated with ...

CARMEL, Ind., Nov. 20, 2023 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of the all-new OPENLANE US digital ...

It has long been forecasted that a dramatic increase in off-lease volumes would occur this year, offering used-car dealers a big boost in used-car inventory. Now, at the halfway point of 2013, are ...

Tesla last November ended an unusual policy that prohibited U.S. leasing customers from buying their cars at lease-end. The policy started in 2019, when Tesla announced that customers could lease its ...

When the Off Lease Only used-car dealership opened at 3230 14th St. W., Bradenton, in April 2021, it was seen as positive news, bringing jobs and revitalization to the urban corridor. Founded in 2004, ...

A used automobile company based in South Florida is set to close its business. Off Lease Only announced Thursday it voluntarily filed for Chapter 11 Bankruptcy in Delaware. The company announced ...

Off Lease Only, a used vehicle-only dealership group with operations in Florida and Texas, filed Thursday for Chapter 11 bankruptcy protection. Before the filing, Off Lease Only listed five dealership ...